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Marhamchurch, Bude, EX23

South West

£650,000
Listed on 13/05/2026

Property Details

Bedrooms
4
Type
House
Area
4058 sqft

Description

This historic establishment, steeped in local charm, represents a unique investment opportunity in the picturesque village of Marhamchurch. The Bullers Arms spans approximately 4,000 sq ft and combines traditional pub character with potential for various revenue streams. It features both an inviting public house and substantial living quarters that can be enhanced for better accommodation or rental purposes. The bar area has recently undergone updates, including a new kitchen and modernized bathrooms, yet still presents opportunities for further improvements to elevate the overall experience for patrons. The owners' living space offers independent access and consists of multiple rooms, including bedrooms with ensuite facilities that can be refurbished to increase their appeal. With four spacious bedrooms on the first floor—two of which are already modernized—there remains potential to enhance the remaining rooms into desirable accommodations for guests or long-term tenants. The property's outdoor spaces include a wraparound beer garden perfect for social gatherings and ample parking close by. Given its strong community ties and positive online ratings, there is clear scope for expanding food offerings to complement existing drinks sales and tap into the area's thriving tourism market. The location near Bude provides easy access to additional amenities and leisure facilities, making this a compelling choice for an operator eager to invest in a community-centric business with considerable upside potential.

Investment Analysis

(EX23 area)

Below Market Value

This property is priced -53.8% below area average per sq ft

-53.8%
Potential saving
This Property
£160/sq ft
Area Average
£347/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,547,376
10% above area average per sq ft
Potential ROI
+112.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -5.5%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on EX23 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

Marhamchurch, Bude, EX23
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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
£2,319
Based on a loan of £487,500 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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