Montpelier Terrace, Ilfracombe, Devon, EX34
South West
£450,000
Listed on 24/10/2026
Listed on 24/10/2026
The listing
Property details
Bedrooms
5Type
TerracedFeatures
- Garden
Description
This substantial Georgian house is arranged over four floors and offers five bedrooms, several reception spaces and views across Ilfracombe, the Bristol Channel and towards the Welsh coast. Period details include high ceilings, sash windows, picture rails, an ornate staircase and timber flooring. The entrance level includes two reception rooms, a kitchen and a bathroom, with further rooms providing scope for different uses, including a studio and garden room.
A drawing room opens onto a recently installed balcony, while another reception room also looks out towards the coast. The upper floors contain the bedrooms and a large bathroom with a roll-top bath. Outside, an established garden includes a two-storey former coach house. The building may offer options for ancillary accommodation, workspace or garaging, subject to the necessary permissions and consents. The property is offered with no onward chain, and the listing states that mains services are connected.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
54out of 100
Grade DWeak opportunity
Confidence: LOW
This is a distinctive Georgian home with generous accommodation, period fireplaces, sash windows and decorative plasterwork, plus an established garden and striking coastal views. The visible interiors are largely intact but dated in places, leaving scope for a light refresh; the listed works are estimated at £5,000–£15,000. The former coach house adds an interesting possibility for workspace, garaging or ancillary accommodation, subject to permissions and consents.
The overall score is 54/100 (D, Weak Opportunity). Floor area is missing, so value versus local £/sqf cannot yet be judged, and the purchase-plus-renovation midpoint is £460,000; without floor area or a stated GDV, the resale economics remain unclear. The property has strong character and fundamentals, but those data gaps limit confidence in the opportunity.
Key opportunities
- Refresh the dated finishes while retaining the period fireplaces, sash windows, plasterwork and timber floors.
- Make the most of the spacious reception rooms and balcony views across Ilfracombe and the Bristol Channel.
- Explore possible workspace, garaging or ancillary use for the historic two-storey coach house, subject to permissions and consents.
Key risks
None recorded.
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Finance
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£1,700
Based on a loan of £337,500 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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