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Riverbank Cottages, Bideford, Devon

South West

£140,000
Listed on 11/02/2026

Property Details

Bedrooms
2
Type
Terraced house
Area
699 sqft

Description

Nestled in a serene area of Bideford, just a short walk from the scenic River Torridge and the bustling Town Centre, this terraced home offers an appealing prospect for buyers eager to invest in property with renovation potential. This residence is available without any onward chain, combining character with practicality and room for personalization. It's particularly suitable for first-time buyers or investors looking to enhance the value through improvements. A private driveway provides rare off-road parking for one large vehicle, complemented by additional on-street parking options. Inside, the cozy living room overlooks the driveway, while a spacious second reception room can be adapted into a dining area or family space. The kitchen is equipped with essential appliances – including a tumble dryer and fridge/freezer – ready for updates that would greatly enhance functionality. The compact courtyard garden offers an inviting outdoor area perfect for relaxation. On the upper floor, you’ll find two generously sized bedrooms, one featuring ample storage options. The bathroom includes a WC, wash basin, and bath with shower overhead. Although some modernization and minor repairs are needed—such as replacing selected floorboards and addressing damp issues—the home presents significant value in a desirable location. Its proximity to local amenities and green spaces makes it a prime candidate for refurbishment to create a lovely abode. Early viewing is encouraged to fully appreciate what this property has to offer.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -34.8% below area average per sq ft

-34.8%
Potential saving
This Property
£200/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£216
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£236,360
10% above area average per sq ft
Potential ROI
+43.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.4% over the last 12 months
3 year growth: -13.5%
5 year growth: +13.4%
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

Riverbank Cottages, Bideford, Devon
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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
£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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