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Oxford Grove, Ilfracombe, Devon

South West

£195,000

Listed on 17/06/2026

Property Details

Bedrooms
7
Type
Terraced

Description

This spacious seven-bedroom terraced townhouse spans four floors and is conveniently located near the heart of Ilfracombe. Presenting a unique opportunity for those looking to take on a substantial renovation project, the property is offered with no onward chain. The existing layout features two reception rooms, a generous kitchen, a bathroom, separate W/C, and seven bedrooms, alongside additional versatile loft rooms that could serve multiple purposes pending necessary approvals. With high ceilings and large windows throughout, the home benefits from an abundance of natural light. Notably, the property comes with approved planning permission from North Devon Council as of March 5, 2026. This approval allows for significant alterations aimed at modernizing the space and improving the rear extension and upper floors—ideal for buyers wishing to create a contemporary family residence or investment property while maintaining it as a single dwelling. Ilfracombe itself is rich in history as a Victorian seaside resort and offers a variety of amenities including shops, schools, and recreational facilities. A short stroll brings you to attractions such as Damien Hirst's Verity statue at the harbour, water sports centers, and beautifully scenic beaches perfect for outdoor activities. The local area hosts numerous events throughout the year that celebrate its vibrant community spirit. Accessibility is also good with Barnstaple just 20 minutes away by car. Outside, there is an enclosed rear courtyard garden which presents further enhancement opportunities to develop a private outdoor 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
£100,000 - £150,000
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

Oxford Grove, Ilfracombe, Devon
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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
£737
Based on a loan of £146,250 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.

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