4-bedroom detached house · EX34 8LH
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Quirky semi-detached cottage with tropical gardens, private pool, two annexes and income potential, on Higher Slade Road with direct access to the South West Coast Path.
Property Description Tucked away in its own peaceful oasis on the outskirts of Ilfracombe, this charming and characterful semi-detached cottage offers a truly unique lifestyle opportunity.
Situated along Higher Slade Road, the property enjoys a tranquil setting with direct access to public footpaths and the renowned South West Coast Path, making it an ideal retreat for nature lovers, walkers, and those seeking a slower pace of life.
Full of charm and individuality, the main cottage boasts a spacious and inviting living room, a quirky country-style kitchen, two generous double bedrooms, and a three-piece family bathroom on the ground floor.
Upstairs, a second three-piece bathroom occupies what was originally the third bedroom, offering the flexibility to be easily converted back into additional bedroom accommodation should it be required.
Stepping outside, the property truly comes into its own. The extensive rear gardens are simply breathtaking, creating the feeling of your own private tropical paradise.
Meandering pathways weave through an impressive collection of mature exotic planting, vibrant greenery, and striking white pebbled landscaping, providing a peaceful sanctuary unlike anything else.
The grounds also offer exceptional versatility with two separate annexes.
The first is a well-appointed one-bedroom annex featuring a spacious open-plan living and kitchen area, a double bedroom, and its own shower facilities, making it ideal for visiting family and friends or as a potential holiday let or rental income opportunity.
Further up the garden sits a second two-bedroom annex, requiring renovation throughout but presenting fantastic scope to create further guest accommodation, a home office, studio, or an additional income-generating space.
Completing this remarkable home is its hidden gem – a secluded and private swimming pool nestled amongst the gardens.
With a nearby BBQ and entertaining area, it's the perfect setting for relaxing in the sunshine, hosting family gatherings, or enjoying al fresco dining in complete privacy.
Offering an abundance of character, flexibility, and income potential, all within a spectacular natural setting just moments from the North Devon coastline, this is a property that simply must be viewed to be fully appreciated.
Location Ilfracombe town offers a variety of independent shops, art galleries, restaurants and bars.
The picturesque seafront and harbour area is home to artist Damien Hirst's ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water sports centre and café making the harbour a hive of activity.
North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with Australia’s Golden Coast and Malibu in California.
Agent Notes - New electrics throughout the cottage - New upstairs bathroom which could be re-instated to a third bedroom - Swimming pool newly relined Directions From our office on the High Street head in a westerly direction until you come to the War Memorial roundabout.
Take the first exit onto Church Street before turning immediately right onto Church Hill.
Take the first left onto Belmont Road and continue along Slade Road where the property can be found on your right hand side. What3words: Date.lads.woven
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 2 Colley Bridge, Higher Slade Road, Ilfracombe
Explore nearby