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Berrynarbor, Ilfracombe, Devon, EX34 - Image 1
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Berrynarbor, Ilfracombe, Devon, EX34

South West

£350,000
Listed on 10/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1001 sqft

Description

Situated in the heart of a charming Devon village, this property presents a unique opportunity for those looking to invest in a home with significant renovation potential. Berrynarbor boasts a tight-knit community atmosphere, complemented by picturesque cottages, local amenities including a village shop and post office, a historic 16th-century inn, and a well-regarded primary school. Its location provides a peaceful rural lifestyle while being conveniently positioned between the coastal towns of Combe Martin and Ilfracombe, as well as close proximity to the scenic Exmoor National Park. The interior of the property features three bedrooms and versatile living spaces. The front lounge serves as a welcoming reception area, while the separate dining room opens out onto an elevated decked terrace—ideal for outdoor dining and gatherings. The kitchen is functional but could greatly benefit from modernization, making it an excellent blank canvas for future enhancements. Upstairs, you will find two generously sized double bedrooms along with a single bedroom that can easily serve as a child's room or home office. The principal bedroom offers ample space, while the second double includes a walk-in wardrobe that adds valuable storage options and possibilities for repurposing. A family bathroom completes this level with essential fixtures already in place. Outdoor space is another highlight of this property. The private rear garden is notably spacious, cascading down the valley with tiered areas designed for different uses. Immediately accessible from the house is a decked terrace followed by a lawn and a lower patio area complete with a garden shed—providing both seclusion and sunlight for gardening or relaxation. Additionally, there is a timber garage adjacent to the property that can be utilized for storage or parking purposes. While some updates are required throughout the home, this property represents an excellent chance to create either a cozy family residence or an attractive holiday retreat in one of Devon's desirable villages.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +24.5% above area average per sq ft

+24.5%
This Property
£350/sq ft
Area Average
£281/sq ft
Avg Rent (weekly)
£187
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£309,134
10% above area average per sq ft
Potential ROI
-20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX34)

Area prices are falling by +4.6% over the last 12 months
3 year growth: -10.3%
5 year growth: 9.3%
Investment Disclaimer: Analysis based on EX34 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Berrynarbor, Ilfracombe, Devon, EX34
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