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Ridgeway Terrace, Orchard Hill

South West

£225,000

Listed on 09/07/2026

Property details

Bedrooms
3
Type
End Of Terrace
Area
943 sqft

Description

This period property presents a unique opportunity for those looking to invest in a home with renovation potential. The end-of-terrace layout provides ample space and character, ideal for modernisation to meet personal preferences. Internally, the home consists of two reception rooms, a kitchen, a ground floor shower room, three bedrooms, and additional bathroom facilities, allowing for flexible living arrangements. The outdoor space is particularly striking; the rear garden is not only beautifully established but offers a tranquil retreat with its generous lawn and variety of mature trees and shrubs. Additionally, a detached studio lends itself well to multiple uses such as a home office or workshop. Conveniently situated close to Victoria Park and Bideford's array of shops and amenities, this property is poised for transformation into an exceptional residence.

Investment analysis

(EX39 area)

Below Market Value

This property is priced -20.9% below area average per sq ft

-20.9%
Potential saving
This Property
£239/sq ft
Area Average
£302/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£312,798
10% above area average per sq ft
Potential ROI
+18.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -15.5%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on EX39 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

Ridgeway Terrace, Orchard Hill
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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
£850
Based on a loan of £168,750 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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