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Meridian Place, Ilfracombe, Devon

South West

£180,000

Listed on 06/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

Presented with no onward chain, this property offers a valuable opportunity for those looking to invest in a home ripe for renovation. Merrydale stands out due to its generous parking arrangements, featuring a large private driveway suitable for two vehicles as well as a single garage that could serve multiple purposes such as additional storage or even a workshop. The internal layout includes a comfortable lounge and an open-plan kitchen, both of which are well-positioned for modernisation. Upstairs, you’ll find two spacious double bedrooms, with the master bedroom offering pleasant glimpses of the sea. The family bathroom and useful attic space add to the home's practicality while leaving room for improvement. This property is perfect for buyers wanting to put their own stamp on their dwelling while enhancing its value in an appealing seaside location with numerous attractions nearby.

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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
£15,000 - £30,000
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

Meridian Place, Ilfracombe, Devon
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£680
Based on a loan of £135,000 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.

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