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North Morte Road, Mortehoe, Woolacombe

South West

£1,075,000

Listed on 14/05/2026

Property details

Bedrooms
6
Type
Detached

Description

This distinctive detached property offers two self-contained apartments, comprising a total of six bedrooms, all situated within the grounds of a historic seaside mansion. Built in 2020, the property boasts stunning sea views and is conveniently located near the beach and coastal path. Each apartment features open plan living areas with modern kitchens, making them suitable as holiday lets or potential investment opportunities. Notably, there's an opportunity to convert these apartments back into a single family residence (subject to planning permission). Additionally, with sufficient land available, there is potential for further development; discussions have already taken place regarding the possibility of constructing a two-bedroom detached bungalow in the garden area. The elevated location provides fantastic views and easy access to local amenities and scenic walks, making this property a rare investment prospect.

Investment analysis

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

Renovation Potential

Light 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

North Morte Road, Mortehoe, Woolacombe
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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
£4,061
Based on a loan of £806,250 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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