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The Shields, Ilfracombe, Devon, EX34

South West

£250,000
Listed on 15/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
780 sqft

Description

Nestled in the charming Victorian town of Ilfracombe, this three-bedroom reverse-living residence presents an exciting opportunity for those looking to invest in a property with significant renovation potential. With its advantageous layout spread over two levels, the home offers an ideal canvas for families or individuals seeking a coastal sanctuary close to the vibrant harbor and beautiful beaches. The upper level is designed to maximize the stunning hillside views, featuring a spacious living area filled with natural light from expansive picture windows that showcase the picturesque Devon countryside. The adjoining kitchen/diner holds considerable promise for modernization, allowing future owners to tailor the space to their personal taste. On the lower floor, you will find three generously sized bedrooms. The main bedroom includes fitted mirrored wardrobes and enjoys pleasant views of the surrounding area. A family bathroom, fully tiled in warm stone tones and equipped with a bath and shower attachment, serves the additional bedrooms well. Outside, the property boasts a garage with an up-and-over door and a driveway accommodating off-road parking for one vehicle, along with ample unrestricted on-street parking. The rear garden features a manageable lawn and a paved courtyard area ideal for relaxation while enjoying scenic hill views. Ilfracombe's lively harbor is within walking distance, offering various galleries, dining options, and recreational paths along the coast. Families will appreciate access to reputable primary and secondary schools nearby, enhancing its appeal as a practical investment choice. This property is rich in potential within one of Devon's most cherished coastal towns.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +12.3% above area average per sq ft

+12.3%
This Property
£321/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£244,959
10% above area average per sq ft
Potential ROI
-15.5%
After renovation
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

The Shields, Ilfracombe, Devon, 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
£885
Based on a loan of £187,500 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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