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Corner Lane, Combe Martin, Ilfracombe

South West

£150,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Cottage

Description

This semi-detached cottage, positioned in the sought-after Combe Martin village, presents a promising renovation opportunity for prospective buyers. The property is ideally situated near essential amenities and convenient transport links, as well as being just a short distance from the scenic Combe Martin beach, making it an attractive prospect for those looking to invest in a charming coastal home. Currently requiring full modernization, this residence comprises three bedrooms, including an adaptable attic space that could serve various purposes with appropriate permissions. The ground floor features a spacious open-plan lounge and dining area that leads into the kitchen, offering plenty of potential for redesign to enhance both functionality and aesthetics. The existing three-piece bathroom suite adds to the property's accommodation offerings. Externally, the property boasts a low-maintenance front garden and an enclosed rear garden with a sunny aspect that provides an ideal retreat for relaxation or entertainment. An outhouse in the rear garden adds further utility as potential storage or workspace. Additionally, there is extra side space currently utilized by a shed, providing opportunities for gardening enthusiasts or extra storage needs. With its character and prime location close to North Devon's stunning coastal scenery and recreational opportunities, this cottage holds great potential for transformation into a bespoke family home or holiday retreat.

Investment Analysis

(EX34 area)
Area Average
£291/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.3%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX34)

Area prices are rising by +10.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +5.0%
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

Corner Lane, Combe Martin, Ilfracombe
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£567
Based on a loan of £112,500 over 30 years at 4.45% 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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