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Pitt Hill, Appledore, Bideford EX39

South West

£200,000
Listed on 15/12/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1278 sqft

Description

Introducing an investment opportunity in the heart of Appledore, this 3-bedroom terraced house, accompanied by an adjoining annexe, is on the market for the first time in many years. Currently in a deteriorated state and heavily hoarded, this property presents an expansive renovation project that requires extensive refurbishment throughout. The main house features an Entrance Porch leading to a Hallway and front Living Room with staircase access to the upper level. A Kitchen provides entry to a rear courtyard where the external Bathroom is situated. The elevated rear garden boasts hardstanding for off-street parking, a valuable asset in this central location. Upstairs, you'll find three generously sized Bedrooms, all requiring significant modernization. The adjoining Annexe is separate from the house and offers additional potential but is currently not habitable due to necessary structural works and will require rebuilding of vital areas. While it demands considerable attention and effort, properties like this with ample space for reimagining – both for personal living or future rental income (subject to local regulations) – are increasingly rare in Appledore. For those willing to take on a substantial renovation challenge, 11 Pitt Hill could be transformed into a wonderful home or investment.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -47.9% below area average per sq ft

-47.9%
Potential saving
This Property
£156/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£422,162
10% above area average per sq ft
Potential ROI
+31.9%
After renovation
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

Pitt Hill, Appledore, 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
£733
Based on a loan of £150,000 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