4 Bed Detached House, Planning Permission, Bideford, EX39 5AW, £375,000

Portledge Place, Fairy Cross, EX39 5AW - a year ago

Planning
~129 m²
+15 photos

ValuationOvervalued

Sold Prices£180K - £520K
Sold Prices/m²£1.7K/m² - £3.9K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.9K/m²

Value Estimate

£332,066

 

 

End Value (After Refurb)

£409,042

Uplift in Value

+9%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£93,750

Stamp Duty & Legal Fees

£28,700

Refurb Costs

£52,400

Bridging Loan Interest

£9,844

Total Cash In

£186,444

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£409,042

Mortgage (After Refinance)

£306,781

Mortgage LTV

75%

Cash Released

£25,531

Cash Left In

£160,912

Equity

£102,260

Rent Range

£595 - £3,900

Rent Estimate

£1,349

Running Costs/mo

£1,568

Cashflow/mo

£-219

Cashflow/yr

£-2,629

Gross Yield

4%

Local Sold Prices

26 sold prices from £180K to £520K, average is £335K. £1.7K/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£320K02/211.69 miThe Round House, Littleham Court, Littleham, Bideford, Devon EX39 5EG4
£360K07/231.97 mi8, Pound Meadow, Parkham, Bideford, Devon EX39 5UD4
£520K07/231.99 miCharwood, 12, Shepherds Meadow, Abbotsham, Bideford, Devon EX39 5BP4
£520K07/231.99 miCharwood, 12, Shepherds Meadow, Abbotsham, Bideford, Devon EX39 5BP4
£345K06/212.06 mi10, Arthurs Lea, Abbotsham, Bideford, Devon EX39 5AN4
£274K02/212.25 mi17, Oaklands, Bideford, Devon EX39 3HW4
£180K04/212.44 mi135, Moreton Park Road, Bideford, Devon EX39 3HA4
£425K02/232.5 mi4, Blackmore Avenue, Bideford, Devon EX39 3TG4
£378.5K05/232.52 mi34, Hillpark, Buckland Brewer, Bideford, Devon EX39 5HY4
£430K07/232.58 mi36, Hewetson Way, Bideford, Devon EX39 3TD4
£305K12/202.62 mi65, Water Park Road, Bideford, Devon EX39 3RN4
£325K12/202.65 mi2, Needs Drive, Bideford, Devon EX39 3TB4
£320K06/212.71 mi20, Gate Field Road, Bideford, Devon EX39 3QX4
£355K06/232.73 mi66, Lane Field Road, Bideford, Devon EX39 3QY4
£320K05/212.73 mi51, Lane Field Road, Bideford, Devon EX39 3QY4
£225K11/202.74 mi9, Moreton Park Road, Bideford, Devon EX39 3AU4
£220K01/232.79 mi20, Hamilton Close, Bideford, Devon EX39 3DS4
£377.9K06/212.83 mi7, Maine Close, Bideford, Devon EX39 3RR4
£455K02/232.86 mi22, Greenfield Close, Bideford, Devon EX39 3RY4
£395K02/212.86 mi8, Greenfield Close, Bideford, Devon EX39 3RY4
£365K11/202.9 mi33, Thornton Close, Bideford, Devon EX39 3ND4
£250K06/212.93 mi111, Abbotsham Road, Bideford, Devon EX39 3AP4
£242.5K04/212.94 mi52, Royston Road, Bideford, Devon EX39 3AW4
£288.5K11/202.94 mi48, Clovelly Road, Bideford, Devon EX39 3DF4
£250K02/232.97 mi26, Ashley Terrace, Bideford, Devon EX39 3AL4
£405K02/213 mi34, Rowe Close, Bideford, Devon EX39 5XX4

Local Rents

8 rents from £595/mo to £3.9K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£82505/241.29 miMeadowville, Horns Cross, Bideford2
£82504/241.84 miSams Close, Bideford, EX392
£3,90002/242 mi-4
£1,55003/242.03 miPenhaven Court, Parkham, Bideford4
£75004/242.07 miPenhaven Court, Parkham, Bideford2
£1,65004/242.16 miPenhaven Court, Parkham, Bideford4
£59504/242.16 miPenhaven Court, Parkham, Bideford1
£69505/242.34 miHigh Park Close, Bideford, Devon2

Local Area Statistics

Population in EX39

37,175

Town centre distance

3.29 miles away

Nearest school

1.80 miles away

Nearest train station

10.76 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Price changed to £375,000

March 16, 2025

Price changed to £385,000

November 23, 2024

Listed for £395,000

March 16, 2024

Floor Plans

Description

  • 3 Bedrooms +
  • Study/Bedroom 4 +
  • Lounge with Vaulted Ceiling +
  • Dining/ Family Room with Multi Fuel Stove +
  • Modern Kitchen/Breakfast Room +
  • Utility Room +
  • Oil Fired Central Heating +
  • uPVC Double Double Glazing +
  • Good Sized Gardens Enjoying Areas of Privacy +
  • Driveway Off Road Parking +

Fairy Cross is a semi rural hamlet on the outskirts of Bideford yet within short driving distance of schooling and amenities.

No19 will be found offering spacious & adaptable accommodation, currently a comfortable family home benefiting from uPVC double glazing and oil fired central heating.

An extension to the rear of the bungalow has added a superb lounge with vaulted ceiling, boasting large windows overlooking the garden, in addition to good sized dining/family room with feature multi fuel burning stove and patio doors to the side.

The modern kitchen/diner overlooks the rear garden and is equipped with a range of quality eye & base level units with wooden work surfaces, built-in dishwasher and electric range oven with matching extractor cooker hood over, whilst an open breakfast connects to the dining/family room.

A useful utility room has plumbing for a washing machine and space for additional appliances together with access to the garden.

The bedrooms are each comfortably sized, one having the benefit an en-suite shower room. There is also potential to create a second en-suite if desired, with one of the bedrooms having a large cupboard which adjoins the bathroom.

Meanwhile, the study is an ideal space for those working from home whilst also offering the potential as a 4th bedroom if required.

The bungalow is approached over a gated driveway providing parking for several vehicles with a good sized front lawn. Gated access to both sides of the property lead to the private lawned rear garden with a decked seating area, patio, fishpond and useful storage shed.

Services: Mains electricity, water & drainage.
Oil fired central heating.
Energy Performance Certificate: D (57)
Council Tax: BAND D` (£2284.67 per annum)

NB: Planning permission has been granted for a front extension & garage to the right hand side of the bungalow. 1/0008/2022/FUL

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Regency Estate Agents, Bideford

01237 422433

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪