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Hillington, Ilfracombe, Devon, EX34

South West

£167,500
Listed on 08/04/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
538 sqft

Description

This three-bedroom terraced house, located on the outskirts of Ilfracombe in a well-regarded residential community, presents a compelling investment opportunity. While the property boasts spacious living areas, it is in need of a thorough modernisation to unlock its full potential. This home is particularly appealing for first-time buyers seeking to make their mark or investors looking for a buy-to-let option. With amenities such as gas central heating, a garage, and off-street parking already in place, this property offers practical features alongside its renovation prospects. Additionally, the absence of onward chain streamlines the purchasing process for prospective buyers looking to capitalise on this prime location.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +9.1% above area average per sq ft

+9.1%
This Property
£311/sq ft
Area Average
£286/sq ft
Avg Rent (weekly)
£190
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£168,959
10% above area average per sq ft
Potential ROI
-16.6%
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

Hillington, 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
£593
Based on a loan of £125,625 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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