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Lundy View, Northam

South West

£465,000
Listed on 23/03/2026

Property Details

Bedrooms
3
Type
Detached Bungalow

Description

Nestled in a desirable residential area of Northam, this three-bedroom bungalow presents an excellent opportunity for renovation and investment. With its elevated position, the property offers spectacular sea views that create a picturesque backdrop. The generous plot features a sizable garden, garage, and ample parking space, providing a solid foundation for both outdoor enjoyment and potential enhancement. The property is characterized by original features such as pine flooring throughout the living and bedroom areas. The lounge is spacious and well-lit thanks to patio doors leading to a sun-deck that overlooks the stunning coastline. Adjacent to the lounge is a conservatory, offering versatility as either an additional social space or snug. The kitchen comes equipped with built-in units including an electric oven and gas hob, with room for modernization—potentially opening it up to create a contemporary open-plan living environment. Three generously sized double bedrooms provide ample sleeping quarters, complemented by a family bathroom designed with practicality in mind. Outside, the expansive rear garden is private and can be easily maintained. It offers great potential for further landscaping or development opportunities such as installing greenhouses or storage sheds. Additionally, there is the possibility of extending the property or converting loft space—subject to planning approval—to capitalize on the breathtaking views. While this home is livable as-is, some updates would significantly enhance its appeal and functionality while increasing its market value. With nearby amenities within walking distance and beautiful coastal attractions just a short drive away, this bungalow represents an exciting prospect for those looking to invest in coastal living.

Investment Analysis

(EX39 area)
Area Average
£308/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -13.9%
5 year growth: +11.4%
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

Lundy View, Northam
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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
£1,677
Based on a loan of £348,750 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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