2-bedroom house · EX34 0NL
Listing removedReduced £30k (−11.5%) on 20 OctListed 186 days
Opportunity summary
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About
This two-bedroom bungalow presents an exciting opportunity to acquire a property with tremendous potential in the sought-after coastal village of Combe Martin.
Offering scope for improvement and modernisation, the property will appeal to first-time buyers, investors, or those looking to create a bespoke home in a highly desirable North Devon location.
The accommodation includes a bright and spacious principal reception room, where large windows invite in an abundance of natural light while enjoying superb countryside views, creating a wonderful focal point to the home.
The kitchen offers further scope for reconfiguration or enhancement to suit individual tastes and requirements. There are two double bedrooms and a bathroom fitted with a rain shower.
Externally, the property benefits from a three-tiered garden, offering excellent potential for landscaping, terraced seating or the creation of a peaceful outdoor retreat.
A single garage provides valuable off-road parking or useful additional storage.
Positioned within the popular village of Combe Martin, renowned for its dramatic coastline, village charm and access to the South West Coast Path, the property is ideally placed to enjoy nearby beaches, countryside walks and a range of local amenities, with further facilities available in nearby Ilfracombe and Barnstaple.
Offering countryside views, a garage, generous outside space and scope to add value, this is a rare opportunity to create a tailored home or investment in a highly regarded North Devon village.
Combe Martin is a popular coastal village which attracts thousands of visitors each year and has become a hot spot for investment properties and holiday homes.
Combe Martin is set in a fertile valley and is located where the Exmoor National Park and the North Devon Area of Outstanding Natural Beauty meet.
The approach along the coastal road offers glimpses of stunning scenery. Combe Martin itself is an ideal centre for walking and has the 630-mile South West Coastal Path going through it.
The village has a range of amenities including a pharmacy, school, local shops, cafes and pubs, as well as the renowned Combe Martin Wildlife & Dinosaur Park.
Combe Martin has good access routes to the local towns and villages along with regular bus services running through the village.
Ilfracombe is an approximately 10-minute drive away and provides national chain shops, banks and two major supermarkets.
This delightful Victorian town is particularly renowned for its picturesque harbour and quayside as well as promenade with the Landmark Theatre and pleasure gardens.
Local sandy beaches include the award-winning Woolacombe Beach along with Saunton, Putsborough and Croyde which are also close to hand and attract thousands of visitors each year.
The regional centre of Barnstaple is North Devon’s historical capital and is approximately 13 miles away with many brand name High Street shops, banks and restaurants.
Barnstaple Train Station connects to the inter-city rail network in Exeter. The North Devon Link Road A361 gives fast access to the M5 Motorway Junction 27 (Tiverton).
Directions From Ilfracombe High Street with our office on your right-hand side, continue out of the town passing though Hele Bay onto Combe Martin.
Upon reaching the village, continue along the High Street, past the Pack 'O' Cards, follow the road right through until you reach the top garage on your right-hand side.
Continue along the road for approx. 200 yards and take the first left-hand turn into Holdstone Way. Follow the road up and turn right, onto Buzzacott Lane, continue to follow the road approx.
0.5 mile and take the first left-hand turn up the hill. Continue following the road and Number 2 will be found on your right-hand side.
Externally, the property benefits from a three-tiered garden, offering excellent potential for landscaping, terraced seating or the creation of a peaceful outdoor retreat.
A single garage provides valuable off-road parking or useful additional storage.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 2, Buzzacott Lane, Ilfracombe
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