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Rosea Bridge Lane, Combe Martin, Ilfracombe - Image 1
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Rosea Bridge Lane, Combe Martin, Ilfracombe

South West

£300,000

Listed on 03/07/2026

Property details

Bedrooms
2
Type
Detached Bungalow
Area
732 sqft

Description

This two-bedroom detached bungalow presents a promising opportunity for renovation and investment in a desirable coastal area, just minutes from Combe Martin Beach. With off-road parking for two vehicles and significant extension potential (subject to planning permissions), this property stands out in the market, offered with no onward chain. The interior consists of two spacious bedrooms and a bright living room that captures lovely countryside views through dual-aspect windows, filling the area with natural light. The kitchen is well-equipped with ample storage and workspace, leading into a versatile dining/utility area that enhances everyday living. Additionally, there is a three-piece bathroom suite along with a separate WC for convenience. Outside, the property boasts an attractive front garden filled with mature shrubs and flowering plants, while the private driveway allows access to a single garage ideal for further storage. The rear garden is generously sized and perfect for outdoor entertainment, family activities or as a blank canvas for landscaping ideas. Notably, it backs onto National Trust land, ensuring uninterrupted views and tranquility. Located within walking distance of local amenities such as shops, cafes, schools, and public transport links, plus access to scenic footpaths and the renowned South West Coast Path, this bungalow offers not only peace but also prime investment potential in an area famous for its stunning beaches and natural beauty.

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Investment analysis

(EX34 area)

Above Market Value

This property is priced +41.6% above area average per sq ft

+41.6%
This Property
£410/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£206
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£233,105
10% above area average per sq ft
Potential ROI
-30.4%
After renovation
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

Rosea Bridge 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
£1,133
Based on a loan of £225,000 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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