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Norman Terrace, Northam, Bideford

South West

£240,000
Listed on 07/05/2026

Property Details

Bedrooms
3
Type
Terraced
Area
751 sqft

Description

This mid-terrace 3-bedroom home, located within a short stroll from Northam village centre, offers an appealing opportunity for those looking to invest in a property ripe for modernisation. The spacious layout includes a welcoming entrance hall that leads into a naturally lit lounge with provisions for a gas fire, making it perfect for creating an inviting living space. The kitchen at the rear is functional and connects directly to the garden, providing an ideal setting for dining and entertaining. While the existing ground floor bathroom could be updated, it serves its purpose effectively as is. The first floor comprises three bedrooms, including a notably generous master bedroom, alongside two additional rooms that can accommodate family members, guests, or even serve as office space. Despite the need for significant updates throughout the home, features such as UPVC double glazing and a modern mains gas boiler lay a sturdy foundation for further enhancements. Externally, the rear garden is particularly impressive—approximately 25 metres long and offering considerable privacy. Currently featuring a blend of patio areas and mature planting, this outdoor space holds great promise for landscaping into an exceptional garden retreat. Additionally, access to an adjoining wooded area adds unique charm to the property. On-street parking is available at the front of the house, and you will find yourself conveniently situated near Northam's local amenities including shops, cafes, and schools. Furthermore, both Westward Ho! and Appledore are just a short drive away or reachable via local transport links. This property showcases clear potential in a desirable location and presents an excellent canvas for those ready to undertake renovations.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +4.1% above area average per sq ft

+4.1%
This Property
£320/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.7%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£253,613
10% above area average per sq ft
Potential ROI
-12.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -10.1% over the last 12 months
3 year growth: -18.1%
5 year growth: +3.7%
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

Norman Terrace, Northam, Bideford
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£856
Based on a loan of £180,000 over 30 years at 3.97% 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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