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Chambercombe Park Road, Ilfracombe, EX34

South West

£495,000
Listed on 02/06/2025

Property Details

Bedrooms
6
Type
Semi Detached

Description

This remarkable six-bedroom Edwardian home in the sought-after Chambercombe area of Ilfracombe presents a unique opportunity for renovation and investment. While it has been beautifully restored by its current owners, there are still areas that could benefit from further modernization and personal touches, making it an ideal project for those looking to add value. The residence features stunning views of the North Devon countryside and glimpses of the sea, ensuring a desirable living environment that is hard to match. The property retains many original features, such as intricate Minton Hollins tiles and charming period fireplaces, which could be preserved or enhanced during renovations. The generous cellar offers potential for conversion into additional living space, subject to appropriate permissions. This home is not only a place to live but also represents an appealing investment with its mix of historic charm and modern convenience, including access to ultra-fast broadband.

Investment Analysis

(EX34 area)
Area Average
£286/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX34)

Area prices are stable by -0.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +2.1%
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

Chambercombe Park Road, Ilfracombe, EX34
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£1,753
Based on a loan of £371,250 over 30 years at 3.91% 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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