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Chambercombe Park Road, Ilfracombe, EX34

South West

£495,000

Listed on 02/06/2025

Property details

Bedrooms
6
Type
Semi Detached

Description

This six-bedroom Edwardian home presents a unique opportunity for renovation enthusiasts and investors alike. Although the current owners have made significant restorations, there remains potential to put your own stamp on this property. With its prime location in the picturesque Chambercombe area of Ilfracombe, the house boasts stunning views of the North Devon countryside and glimpses of the sea, making it an attractive prospect for both residential living and investment. The property features original architectural elements, including Minton Hollins tiles and period fireplaces, which can be further enhanced or modernised as desired. The rear garden offers ample space for landscaping improvements, while the generous cellar holds promise for conversion into additional living quarters or leisure space. Overall, this home provides an excellent canvas for anyone looking to create a bespoke family residence or enhance its rental appeal in a thriving coastal community.

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Investment analysis

(EX34 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX34)

Area prices are rising by +3.9% over the last 12 months
3 year growth: -4.8%
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

Chambercombe Park Road, Ilfracombe, EX34
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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
£1,870
Based on a loan of £371,250 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.

Stamp duty calculator

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