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Downs View, Bude, Cornwall

South West

£500,000
Listed on 29/12/2025

Property Details

Bedrooms
8
Type
Flat
Area
2996 sqft

Description

This sizable coastal property, located just a short stroll from Crooklets Beach, presents an excellent opportunity for renovation and investment. Positioned prominently on one of Bude's desirable coastal roads, this Edwardian terraced home boasts stunning views over Bude Golf Course and is set within a generous footprint of approximately 278 sq.m / 2,996 sq.ft across three floors plus a basement. Currently functioning as seven HMO flats, the property has been family-owned for over 30 years and is in need of thorough modernization throughout. This provides a unique chance for buyers looking to capitalize on a multi-unit rental investment or transform it into luxurious apartments or a spacious single-family home, pending planning permissions. The ground floor accommodates three one-bedroom flats with living areas, kitchens, and shower rooms, while the first floor hosts two further flats including a larger unit boasting a balcony with magnificent views. The second floor offers additional one-bedroom units that share communal facilities. The external spaces include an enclosed front garden and ample off-road parking at the rear—a crucial advantage for any future residential or holiday letting endeavors. With properties in this sought-after area rarely available, the combination of size, potential sea views, parking availability, and development flexibility presents an unparalleled project for developers and investors alike. Future owners will need to liaise with local authorities regarding conversion plans or other enhancements aimed at maximizing this property's potential.

Investment Analysis

(EX23 area)

Below Market Value

This property is priced -52.4% below area average per sq ft

-52.4%
Potential saving
This Property
£167/sq ft
Area Average
£351/sq ft
Avg Rent (weekly)
£265
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,156,426
10% above area average per sq ft
Potential ROI
+54.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by +3.2% over the last 12 months
3 year growth: -2.0%
5 year growth: 11.1%
Investment Disclaimer: Analysis based on EX23 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

Downs View, Bude, Cornwall
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,832
Based on a loan of £375,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE