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Flexbury Park, Bude EX23

South West

£575,000

Listed on 05/05/2026

Property Details

Bedrooms
6
Type
Detached house

Description

Lake House is a distinguished Grade II listed five-bedroom property nestled in the sought-after Flexbury area, just a leisurely walk from local beaches and the vibrant town centre. This residence showcases an abundance of period charm with its original sash windows, exquisite parquet flooring, and an impressive staircase that has been thoughtfully preserved. While the main living spaces have been well maintained, there is significant potential for enhancement throughout the property.

The versatile layout spans two floors and includes a contemporary kitchen/dining area that overlooks the garden, as well as a spacious dual-aspect living/dining room complete with a feature electric fireplace. The first floor features a sizable landing leading to four double bedrooms and an additional single room, all retaining their characterful details and offering a canvas for modernization.

Complementing the main residence is a self-contained one-bedroom annexe, equipped with its own living/dining space, modern kitchen, WC, and bathroom. This space could serve as guest accommodation or be adapted to generate rental income.

Externally, both front and rear gardens provide an appealing outdoor setting filled with seasonal flora and sunlight. The rear garden also includes off-road parking options and features a former garage along with a large outbuilding comprising five rooms – including facilities for a shower and kitchen area – which presents exciting possibilities for use as workshops or additional living spaces.

This unique property combines historic charm with modern conveniences in an ideal location near Bude’s beautiful beaches. Lake House represents not just a home but an opportunity to invest in renovations that can enhance its character while increasing its overall value.

Investment Analysis

(EX23 area)
Area Average
£347/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
16
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX23)

Area prices are falling by -6.3% over the last 12 months
3 year growth: -5.5%
5 year growth: +5.8%
Investment Disclaimer: Analysis based on EX23 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

Flexbury Park, Bude EX23
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£2,051
Based on a loan of £431,250 over 30 years at 3.97% 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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