Oxford Park, Ilfracombe, Devon, EX34
South West
£140,000
Listed on 27/10/2026
Listed on 27/10/2026
The listing
Property details
Bedrooms
2Type
ApartmentArea
869 sqftDescription
This two-bedroom flat offers unusually generous proportions, including a long entrance hall and a spacious lounge with high ceilings and sea views. The accommodation also includes two double bedrooms, a fitted kitchen with an oven and gas hob, a bathroom with a shower over the bath, and a separate WC. Gas central heating is stated in the listing.
The flat would benefit from interior updating, giving a new owner scope to refresh the existing accommodation. It is held on the remainder of a 999-year lease and includes a share of the freehold with the owners of the other two flats. There is no fixed monthly service charge, but each flat contributes a third of necessary building maintenance and repair costs. Buyers should confirm the lease and management arrangements, including the position on pets, with their solicitor.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
74out of 100
Grade BGood opportunity
Confidence: MEDIUM
At £140,000, this spacious two-bedroom flat is priced at £161 per sq ft, well below the local average of £290 per sq ft—a strong opportunity to acquire generously proportioned accommodation at a comparatively low entry price. The 40ft hallway, high ceilings and sea views from the lounge give it character and a sense of space that stand out in the listing.
The interiors are clean and usable, with older kitchen and bathroom finishes and dated flooring offering scope for a light, personal refresh rather than a major overhaul. Scaffolding is visible on part of the building, but its purpose and extent are not clear from the information provided; buyers should clarify any planned or shared building works. The long lease and share of freehold are also notable features, with maintenance costs shared between the three flats.
Key opportunities
- Acquire at a comparatively low asking price per square foot for the local market.
- Refresh the dated kitchen, bathroom and finishes to create a more contemporary interior.
- Make the most of the unusually spacious layout, high ceilings and lounge sea views.
Key risks
- Clarify the reason for the exterior scaffolding and whether any building works or shared costs are planned.
- Check the leasehold and management arrangements, including how shared maintenance costs are agreed and allocated.
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Transport
Nearest stations
Barnstaple Rail Station
9.5 miles
Train · Barnstaple
Chapelton (Devon) Rail Station
13.8 miles
Train · Chapelton
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
£
£
£
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£529
Based on a loan of £105,000 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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