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Fortescue Road, Ilfracombe, North Devon, EX34 - Image 1
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Fortescue Road, Ilfracombe, North Devon, EX34

South West

£95,000
Listed on 10/03/2026

Property Details

Bedrooms
3
Type
Semi-detached house

Description

This four-storey, mid-terraced property presents a significant opportunity for residential development in the sought-after area of Ilfracombe. Currently, it has planning permission to be transformed into four self-contained flats, highlighting its potential for conversion into lucrative rental units or holiday accommodation. The property is strategically located near the town centre and seafront, ensuring easy access to local amenities. The layout includes four distinct flats designed with modern living in mind, featuring kitchens and en-suite bathrooms. With the right renovations, this property could capitalize on Ilfracombe's popularity as a coastal destination, appealing to buyers and renters alike. Front and rear gardens add further value to this investment proposition.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
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

Fortescue Road, Ilfracombe, North Devon, EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£343
Based on a loan of £71,250 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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