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Clovelly Apartments

South West

£110,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Flat

Description

This ground floor flat located in the charming coastal town of Ilfracombe presents a promising opportunity for those looking to undertake a renovation project. With a private entrance that ensures both independence and privacy, the property is ideal for investors or first-time buyers eager to add personal touches and updates. The layout consists of three spacious bedrooms alongside a separate office space, perfect for remote work or additional utility. The dual aspect lounge benefits from abundant natural light, creating a welcoming atmosphere. The kitchen/diner comes equipped with various wall and floor units, providing ample storage and workspace, while offering room for essential appliances and dining furniture. The existing bathroom features a traditional three-piece suite complete with full tiling; however, modernisation is recommended throughout to meet contemporary standards. With no onward chain, this property offers potential buyers the chance to create their ideal home in an area renowned for its beautiful beaches and vibrant art scene. Early viewings are encouraged to explore the full potential of this flat.

Investment Analysis

(EX34 area)
Area Average
£285/sq ft
Avg Rent (weekly)
£184
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by +0.4% over the last 12 months
3 year growth: -6.7%
5 year growth: +5.1%
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.

Location

Clovelly Apartments
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£397
Based on a loan of £82,500 over 30 years at 4.06% 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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