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Ilfracombe

South West

£140,000
Listed on 27/03/2026

Property Details

Bedrooms
2
Type
House

Description

Nestled in the Victorian coastal town of Ilfracombe, this Mews house presents a remarkable opportunity for those eager to embark on a renovation project. Offering two generously sized bedrooms and a spacious reception area, this property provides a blank canvas that can be customized to your preferences. The inclusion of two sizable garages enhances its potential, serving not only for parking but also as valuable storage or workshop spaces. The walled garden is an attractive feature, ideal for cultivation and further enhancing the property’s outdoor appeal. The accommodation is thoughtfully arranged over two floors, with a welcoming entrance porch leading to the main living areas on the first floor. While the interior requires complete modernization, it boasts ample natural light and considerable space for alterations. Potential exists to extend the living areas further, subject to planning permission, particularly from the covered patio and entrance area. Situated in a quiet corner of The Mews behind Hillsborough Terrace, this property offers both privacy and access to Ilfracombe's community amenities, including shops, theatres, and coastal attractions. This presents an excellent chance for investors or those looking to create their ideal home with substantial scope for improvement.

Investment Analysis

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

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £60,000
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

Ilfracombe
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Mortgage Calculator

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£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£505
Based on a loan of £105,000 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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