3-bedroom house · EX34 8HD
Listing removedListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Horne Road, this three-bedroom terraced home presents an excellent opportunity for investors, developers or experienced renovators seeking a refurbishment project in a convenient Ilfracombe location.
Full of character and potential, the property offers generous accommodation ready to be modernised and enhanced.
Please note this property is being offered for sale by Informal Tender, with all offers to be submitted by 12:00 noon on Tuesday 25th August.
Due to the property's condition and construction, it is available to cash buyers only.
Buyers should also be aware that the rear extension is of single-skin construction, and we recommend that all interested parties satisfy themselves as to its condition before submitting an offer.
The ground floor provides a versatile layout with three reception rooms, two of which benefit from large windows allowing an abundance of natural light.
To the rear, one reception room overlooks the garden, creating an ideal space for dining or family living. The kitchen is also located on this level.
Upstairs, there are two well-proportioned double bedrooms, a further single bedroom offering flexibility for a nursery, home office or guest room, and a family bathroom fitted with a panel bath and rain shower.
Externally, the property benefits from a generously sized, two-tiered rear garden accessed via steps, making the most of its sunny aspect and offering excellent scope for landscaping or outdoor entertaining.
Located within easy reach of Ilfracombe town centre, the harbour and the stunning North Devon coastline, this represents an excellent opportunity to acquire a character property with significant potential in a sought-after location.
Ilfracombe is a characterful Victorian seaside town offering a good range of everyday amenities, including independent shops, supermarkets, schools, a cinema, healthcare facilities and a variety of cafés, bars and restaurants.
The picturesque harbour remains a focal point of the town, home to the iconic Verity statue, along with a selection of galleries and eateries.
The town also benefits from a modern watersports centre and the well-regarded Ilfracombe Aquarium.
A range of local events and seasonal festivals take place throughout the year, many centred around the harbour and seafront, including performances at the Landmark Theatre.
The surrounding North Devon coastline is renowned for its natural beauty, with nearby Hele Bay offering a more sheltered beach, while the award-winning beaches at Woolacombe, Croyde and Putsborough are all within easy reach by car.
The regional centre of Barnstaple is approximately 20 minutes away, providing a wider selection of national retailers, leisure facilities and transport connections, including rail links to Exeter and beyond.
Directions With our office on your left-hand side, proceed down the high street onto Church Road. At the second set of traffic lights, turn left onto Horne Road.
The property can be found a short way along this road on the left-hand side.
Externally, the property benefits from a courtyard garden with steps leading up to a generously sized two-tiered garden, enjoying a sunny aspect and offering excellent potential for outdoor seating and landscaping.
Within the courtyard, there is a useful external storage area which also incorporates a separate WC.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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
Agent & docs
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FAQ
About 6, Horne Road, Devon
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