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Pitt Hill, Appledore, Bideford

South West

£200,000

Listed on 18/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
420 sqft

Description

This property presents a rare opportunity for a complete renovation project in the heart of Appledore. The 3-bedroom terraced home, alongside its adjoining annexe, is available for the first time in many years and requires extensive refurbishment. Currently in a dilapidated state, the property is heavily hoarded but boasts significant features including outdoor space and off-street parking that could significantly enhance its value post-renovation. The main house comprises an entrance porch leading to a hallway, which opens into a front living room and connects to a kitchen with access to a rear courtyard. An external bathroom is accessible from this courtyard, while stairs lead up to three generously sized bedrooms on the upper level—all of which need comprehensive modernisation. The adjoining annexe offers additional potential for transformation but demands major structural repairs; it is currently uninhabitable and will need careful rebuilding. Despite its current condition, this property holds immense promise for those looking to invest in a project that can be tailored to individual needs or even generate rental income (subject to necessary permissions). Given its size and location, opportunities like this are becoming increasingly rare in central Appledore. A full renovation would enable buyers to reimagine both living spaces creatively and effectively.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +55.1% above area average per sq ft

+55.1%
This Property
£476/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£141,834
10% above area average per sq ft
Potential ROI
-55.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -18.1%
5 year growth: +3.7%
Investment Disclaimer: Analysis based on EX39 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.

Location

Pitt Hill, Appledore, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£714
Based on a loan of £150,000 over 30 years at 3.97% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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