We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work5-bedroom terraced house · EX34 9LY
Listing removedReduced £10k (−4.3%) on 21 JunListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This charming five-bedroom terraced home, located in a central position within Ilfracombe, offers spacious and character-filled accommodation arranged over multiple floors.
Well-presented throughout, the property blends period features with practical modern living, making it an ideal choice for families, first-time buyers seeking additional space, or those looking for a well-located coastal home.
The ground floor welcomes you into a bright and sociable open-plan reception space, where wood-effect flooring and large windows allow natural light to flow through the living and dining areas.
The adjoining kitchen is both practical and inviting, featuring wood-effect worktops, ample storage and direct access to the rear garden - perfect for everyday family life and entertaining.
Upstairs, the property offers four generous double bedrooms and a further single bedroom, providing flexibility for growing families, visiting guests or a dedicated home office.
The bathroom is well appointed with a contemporary rain shower and heated towel rail. The home falls within Council Tax Band B.
Situated just a short distance from Ilfracombe’s bustling High Street and picturesque harbour, the property enjoys easy access to a range of local amenities including supermarkets, independent shops, cafés and restaurants.
Nearby green spaces such as the Torrs and the surrounding coastal paths provide scenic walks and far-reaching sea views, while local parks offer additional outdoor space for families.
Ilfracombe benefits from regular bus services to Barnstaple (approximately 40–50 minutes), where rail connections provide onward travel towards Exeter and beyond.
The A361 offers convenient road access across North Devon and towards the M5.
Combining character, space and a highly convenient town-centre setting, this attractive home presents a fantastic opportunity to purchase a substantial property in one of North Devon’s most popular coastal locations.
Ilfracombe is a historic Victorian seaside resort and provides shopping facilities as well as other amenities such as a building society, library, post office, schools, cinema etc.
There are a number of attractions within walking distance including Damien Hirst's now famous Verity statue situated on the harbour, the new watersports centre, the award-winning Ilfracombe Aquarium, the unique Tunnels Beaches and many more.
You will find numerous events and festivals throughout the year, many based on the quayside at the historic harbour and at the prestigious Landmark Theatre on the seafront.
There are many fine and award-winning beaches close by, from secluded coves to wide stretches of golden sand with crashing surf.
For a unique beach experience visit 'The Tunnels' in Ilfracombe, holders of a seaside award, or Hele Bay to the east of the town, also award winners, for good bathing and rock pool exploring.
Putsborough, Woolacombe and Croyde are within easy motoring distance, whilst North Devon's regional centre of Barnstaple is approximately 20 minutes' driving time.
Directions From Ilfracombe High Street with our office on your right-hand side, proceed along Ilfracombe High Street taking the first right-hand turn into Springfield Road.
Continue up this road until taking a right turn onto Highfield Road. Continue down this road and take the first right-hand turning leading into Victoria Road.
To the rear of the property is a sunny aspect enclosed courtyard area with outside tap and electrical socket.
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
.png)
FAQ
About 2, Victoria Road, Devon
Explore nearby