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Laurel Avenue, Bideford, Devon

South West

£220,000
Listed on 18/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
751 sqft

Description

Nestled in a serene cul-de-sac off Moreton Park Road, this spacious semi-detached bungalow presents an appealing investment opportunity for those looking to create their ideal living space. With a charming front garden showcasing low-maintenance ornamental trees and shrubs, the property also features off-road parking through a private driveway leading to an attached garage measuring 20' x 7'1. The layout is functional, with two access points providing convenience; one side hallway serves as additional storage and leads directly to the expansive rear garden.<br><br>Upon entering, you are greeted by a welcoming Entrance Hall that connects to a large Living Room filled with natural light from a generous picture window. This space is versatile, featuring a fireplace and sliding doors that lead into the kitchen—offering ample room for dining and outfitted with essential appliances and plenty of cabinetry. Both double bedrooms are comfortable, with built-in wardrobe space in the rear-facing room. The bathroom, mostly tiled, includes all necessary amenities but is ready for refreshing.<br><br>The highlight of this property is the sizable fully enclosed rear garden which stands out among comparable bungalows, featuring a gently sloping lawn and potential storage sheds that require refurbishment yet could be revitalized into useful spaces. While the interior would benefit from updating and personal touches, this bungalow offers an excellent blank canvas for buyers wanting to infuse their own style. The added benefit of no onward chain facilitates a smooth purchasing process. Early viewings are encouraged for interested parties.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -2.4% below area average per sq ft

-2.4%
Potential saving
This Property
£293/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£248,078
10% above area average per sq ft
Potential ROI
+1.3%
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
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
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

Laurel Avenue, Bideford, Devon
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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
£806
Based on a loan of £165,000 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