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Moreton Park Road, Bideford

South West

£165,000
Listed on 07/05/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
614 sqft

Description

This two-bedroom mid-terrace bungalow presents a valuable opportunity for renovation and investment. While the property requires some updating, it provides a solid foundation for improvements that can be made while residing in the space. The generous enclosed rear garden is a key feature that could enhance outdoor living and add value after landscaping or potential extension. With no onward chain, this property can facilitate a swift transaction. Located in Bideford, a desirable town along the River Torridge, the area benefits from a robust selection of amenities including shops, schools for various educational stages, and recreational facilities. The nearby Affinity Outlet shopping centre and the picturesque Tarka Trail cater to both leisure and lifestyle needs, offering scenic routes for walking and cycling. Additionally, easy access to the A39/Atlantic Highway opens up connections to Barnstaple, North Devon's primary commercial hub. In terms of layout, the bungalow features an entrance hall leading to a kitchen equipped with essential fittings and plumbing provisions. The living room benefits from ample natural light via double-glazed windows that open to the rear garden. Both bedrooms are accompanied by built-in storage solutions, whilst the bathroom includes modern fixtures, albeit requiring some modernisation. Overall, this property holds significant potential for those looking to invest in a project within a vibrant community.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -12.5% below area average per sq ft

-12.5%
Potential saving
This Property
£269/sq ft
Area Average
£307/sq ft
Avg Rent (weekly)
£233
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£207,348
10% above area average per sq ft
Potential ROI
+9.1%
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

Moreton Park Road, 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
£589
Based on a loan of £123,750 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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