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Richmond Park, Northam, Bideford EX39 - Image 1
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Richmond Park, Northam, Bideford EX39

South West

£495,000
Listed on 10/12/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This spacious four-bedroom detached bungalow, nestled in a tranquil and desirable village near Westward Ho!, presents an appealing opportunity for renovation and investment potential. Set on a substantial quarter-acre corner plot, the property boasts a generous west-facing garden perfect for enhancing outdoor living space. The ample driveway accommodates multiple vehicles including a motorhome, leading to a double garage that could be transformed into additional living accommodation or an annexe, subject to securing the necessary planning permissions. Inside, the home features well-maintained interiors with neutral decor that radiate a bright atmosphere. The generous dual-aspect lounge invites natural light and connects seamlessly to a dining area with double doors that access the picturesque garden. The kitchen is fitted with contemporary units and includes a Range-style cooker; however, there may be opportunities to modernize or expand this area further. All four bedrooms are comfortably sized, with the master bedroom offering direct access to the rear garden via patio doors. The existing shower room is modern yet might benefit from updating, while an additional cloakroom enhances practicality. The exterior of the property is equally inviting, showcasing landscaped lawns front and rear along with established hedgerows and a dedicated vegetable garden complemented by a greenhouse—ideal for gardening enthusiasts. A workshop/home office adds versatility for those working remotely or seeking hobby space. Additionally, an ornate decked terrace adjoining the bungalow creates excellent potential for outdoor entertaining spaces. Located conveniently close to local amenities such as shops, pubs, and outdoor leisure facilities—including golf courses and coastal paths—this property is ideal for families or retirees looking for their next project in a peaceful seaside location. Given its size and setting, prospective buyers can explore numerous avenues for enhancement that could lead to significant value addition in this charming coastal community.

Investment Analysis

(EX39 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
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

Richmond Park, Northam, Bideford EX39
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,813
Based on a loan of £371,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE