Ilfracombe, Devon
BO

Ilfracombe, Devon

By Bond Oxborough Phillips

£ 500,000

Reviews

3 out of 5 stars

Bond Oxborough Phillips says ..

Nestled in a peaceful residential area, this charming period detached property is a versatile investment opportunity. Comprising a 2/3 bedroom maisonette, along with 2 x 2 bedroom and 2 x 1 bedroom flats, the residence offers a total of nine beautifully appointed bedrooms. The front garden boasts...

Property Oracle says ..

This property in Ilfracombe, Devon, is a large multi-unit residence with a significant number of bedrooms and bathrooms. Its layout appears suitable for either a large family or as a potential investment opportunity, given the configuration which suggests several rental units. The exterior is well-presented. The interior displays a mixture of well-maintained areas and rooms that could benefit from modernization and updating, potentially involving some cosmetic renovations, such as repainting and replacing flooring. The garden, though present, is relatively small. The location is positive, in close proximity to schools, though transportation accessibility needs improvement. The listed price seems competitive with other properties in the area of a similar size, particularly if considering the potential rental income from multiple units. However, potential buyers should factor in the cost of modernization and updates to fully maximize the value of the property. Given these observations and the fact that precise average price per square foot data was not available for direct comparison, the price is considered reasonable within the context of the local market.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
4
Bedrooms
9
Bathrooms
6
Sqft (est)
2,512.30

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
661,000.00 £
Increased by 29.29 %
from 511,241.00 £
Est sale value
1,361,666.60 £
Increased by 47.28 %
from 924,526.40 £
Average area rental value
2,410.00 £/mo
Increased by 120.90 %
from 1,091.00 £/mo
Est letting value
2,512.30 £/mo
from 0.00 £/mo
Est rental Yield
4.38 %
Increased by 71.09 %
from 2.56 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Bond Oxborough Phillips marked this listing as sold.

  • Bond Oxborough Phillips created the listing.

Nearby Schools

NameTypeOfstedDistance
The Ilfracombe Church Of England AcademyAcademy Sponsor LedGood3.35 KM
Ilfracombe Church Of England Junior SchoolVoluntary Controlled SchoolGood3.90 KM
Ilfracombe Infant And Nursery SchoolCommunity SchoolGood3.93 KM
Ilfracombe Children'S CentreChildren's Centre4.00 KM
Braunton Children'S CentreChildren's Centre4.00 KM

Images

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Nearby Listings

AddressPriceTypeScoreDistance
Combe Martin, Ilfracombe £ 220,000BUYUnknown0.00 KM
Ilfracombe, Devon £ 500,000BUY6 / 100.00 KM
The Barn, Woolscott Barton £ 750,000BUY8 / 100.98 KM
Barn 1, Ettiford Farm Cottages £ 175,000BUYUnknown1.43 KM
Holly Cottage, Ettiford Farm £ 350,000BUY5 / 101.43 KM

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AddressPriceDistance
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