4 Bed Semi-Detached House, Refurb/BRRR, Bideford, EX39 1EZ, £495,000

53 Sandymere Road, Northam, Bideford, Devon, EX39 1EZ - 10 months ago

Refurb/BRRR
~129 m²
+34 photos

ValuationOvervalued

Sold Prices£207.5K - £875K
Sold Prices/m²£1.9K/m² - £10.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.8K/m²

Value Estimate

£355,457

 

 

End Value (After Refurb)

£394,952

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£123,750

Stamp Duty & Legal Fees

£40,700

Refurb Costs

£52,400

Bridging Loan Interest

£12,994

Total Cash In

£231,594

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£394,952

Mortgage (After Refinance)

£296,214

Mortgage LTV

75%

Cash Left In

£231,594

Equity

£98,738

Rent Range

£550 - £1,500

Rent Estimate

£872

Running Costs/mo

£1,429

Cashflow/mo

£-557

Cashflow/yr

£-6,680

Gross Yield

2%

Local Sold Prices

25 sold prices from £207.5K to £875K, average is £410K. £1.9K/m² to £10.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£410K11/210.24 mi7, Oxmans Lane, Northam, Bideford, Devon EX39 1DZ4
£210K05/210.25 mi2, Northcott Gardens, Northam, Bideford, Devon EX39 1EF4
£296.3K02/210.27 miAshridge, North Street, Northam, Bideford, Devon EX39 1DH4
£280K12/200.32 mi23, Estuary View, Northam, Bideford, Devon EX39 1XZ4
£280K12/200.34 mi51, J H Taylor Drive, Northam, Bideford, Devon EX39 1TT4
£385K04/230.35 mi36, J H Taylor Drive, Northam, Bideford, Devon EX39 1TU4
£480K06/210.36 mi9, Century Drive, Northam, Bideford, Devon EX39 1BG4
£330K12/200.36 mi13, Century Drive, Northam, Bideford, Devon EX39 1BG4
£745K06/230.36 mi12, Century Drive, Northam, Bideford, Devon EX39 1BG4
£450K01/210.37 mi2, Inglebrook Heights, Westward Ho!, Bideford, Devon EX39 1GU4
£207.5K12/200.37 mi88, Kimberley Park, Northam, Bideford, Devon EX39 1GG4
£215K12/200.37 mi90, Kimberley Park, Northam, Bideford, Devon EX39 1GG4
£535K03/210.41 mi1, Green Gardens, Northam, Bideford, Devon EX39 3QG4
£610K12/200.42 mi33, Bay View Road, Northam, Bideford, Devon EX39 1BH4
£385K03/210.42 mi101, Atlantic Way, Westward Ho, Bideford, Devon EX39 1JG4
£308K04/210.5 mi23, Coral Avenue, Westward Ho, Bideford, Devon EX39 1UW4
£339.9K02/210.62 mi1, Swanswood Gardens, Westward Ho, Bideford, Devon EX39 1HP4
£495K03/230.66 miLudon, Golf Links Road, Westward Ho, Bideford, Devon EX39 1HH4
£675K01/230.75 miRidgeview, 3, Pebbleridge Road, Westward Ho, Bideford, Devon EX39 1HN4
£875K01/230.82 miDevon Waters, Durrant Lane, Northam, Bideford, Devon EX39 2RL4
£520K03/210.87 miJadareem, Limers Lane, Northam, Bideford, Devon EX39 2RG4
£686.3K06/210.94 miCoast House, College Close, Westward Ho, Bideford, Devon EX39 1BL4
£575K12/220.94 miThe Retreat, College Close, Westward Ho!, Bideford, Devon EX39 1BL4
£265K12/200.98 mi18, Buckleigh Grange, Westward Ho, Bideford, Devon EX39 3FD4
£595K11/200.98 mi11, Stanwell Drive, Westward Ho, Bideford, Devon EX39 1HE4

Local Rents

51 rents from £550/mo to £1.5K/mo, average is £815/mo.

RentDateDistanceAddressBeds 
£92507/240.13 mi-3
£86004/240.14 miWindsor Road, Bideford3
£86003/240.16 miWindsor Road, Bideford3
£77510/230.22 mi-2
£82504/240.24 miFore Street, Bideford, Devon2
£80005/240.26 miNorth Street, Bideford, Devon2
£1,25004/250.27 mi-3
£1,30004/240.36 miJH Taylor Drive, Northam, Bideford, Devon, EX394
£64004/240.36 miKala Fair, Westward Ho2
£97503/240.37 mi-3
£95003/240.38 mi-2
£95006/240.38 mi-2
£85004/240.4 miKimberley Park, Bideford, Devon2
£85004/240.45 mi-2
£85004/240.45 miRidgeway Court, Westward Ho, EX392
£75005/240.46 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£75005/240.46 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£1,10004/240.65 miGolf Links Road, Westward Ho, Bideford2
£65010/230.8 mi-2
£75504/240.8 mi-2
£72509/240.8 mi-2
£71504/250.8 mi-2
£95003/240.88 miSpringfield Terrace, Westward Ho Bideford3
£60010/230.9 mi-1
£62505/240.91 miCleveland Terrace, Kingsley Road, Westward Ho!1
£85010/240.91 mi-2
£55005/241.03 miAtlantic Way, Westward Ho!, Devon1
£1,30005/241.1 miOdun Terrace, Appledore3
£72511/241.11 mi-2
£85004/241.17 miRiverside Court, Bideford, Devon2
£1,05004/241.26 miCurlew Drive, Westward Ho!, Bideford, Devon, EX393
£81505/241.29 miThe Quay, Appledore, Bideford2
£1,30004/241.29 miMeeting Street3
£75004/241.29 miMyra Court, Irsha Street, Appledore2
£1,50005/241.29 miMeeting Street, Bideford4
£65004/241.3 miBude Street, Appledore, Bideford1
£65004/241.3 miBude Street, Appledore, Bideford1
£1,30005/241.32 miIrsha Street, Appledore, Bideford4
£97505/241.33 miFactory Ope, Appledore3
£95005/241.36 miVernons Lane, Appledore, Bideford, EX392
£59509/231.54 mi-1
£70007/231.54 mi-3
£62504/241.55 mi-1
£58004/241.56 miManchester House, Bideford, Devon2
£83503/241.63 miMyrtle Grove, Bideford, Devon3
£62504/241.63 miColdharbour, Bideford2
£65006/241.64 mi-1
£64004/241.65 miColdharbour, Bideford, Devon2
£65007/241.65 mi-1
£95003/241.66 miPitt Lane, Bideford3
£56004/241.68 miThe Mews, Bideford1

Local Area Statistics

Population in EX39

37,175

Town centre distance

1.96 miles away

Nearest school

0.10 miles away

Nearest train station

7.03 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 £495,000

December 4, 2024

Listed for £525,000

June 21, 2024

Floor Plans

Description

  • No Chain +
  • Convenient Village Position. +
  • Garage & Ample Off Road Parking +
  • Distant Burrows and Sea Views +
  • Sought after location +
  • Level Walk into Westward Ho! +
  • Spacious Accommodation +
  • Ideal Opportunity To Add Your Own Stamp +
  • Must See +

This impressive family home occupies an enviable position just a level walk to Northam Burrows and Westward Ho! Beach. The property benefits from a range of attractive features from large rooms and high ceilings to stunning sea views and a well-kept rear garden. The property would benefit from some cosmetic modernisation throughout and offers a potential purchaser the opportunity to put their own stamp on this idyllic family home. Early viewings are advised.

Entrance Porch - Welcomes you into the home.

Entrance Hall - A spacious hall with stairs up to the first floor.

Lounge - 3.93 x 3.92 (12'10" x 12'10") - A spacious lounge with large bay window that allows light to flood the room. The fireplace with gas fire inset offers a real focal point for the room and makes this a cozy space all year round.

Living/Dining - 8.15 x 3.93 (max) (26'8" x 12'10" (max)) - Boasting a feature stone fireplace, with gas fire inset. This versatile room provides an additional lounge/snug or formal dining room, with ample room for a dining table and chairs. Sliding doors provide a delightful garden outlook and offer access out into the rear garden.

Kitchen - 4.65 x 3.92 (15'3" x 12'10") - A large kitchen fitted with a range of matching units, with a large electric range cooker and ample undercounter space and plumbing for white goods. There is also ample space for a dining table and chairs with two handy storage cupboards. Delightful garden view.

Office - 2.06 x 1.05 (6'9" x 3'5") - This is an ideal space for working from home.

Conservatory - 3.70 x 2.46 (12'1" x 8'0") - Accessed via the kitchen, the conservatory provides access into the garden and is the ideal spot to unwind and relax in the sun.

Wc - 1.80 x 0.89 (5'10" x 2'11") - With a low level WC and hand wash basin.

Greenhouse - Accessed via the front of the property and providing access into the garage.

First Floor -

Bedroom 1 - 4.22 x 3.00 (13'10" x 9'10") - A spacious double bedroom with built in wardrobes and stunning views out to sea from the large bay window.

Bedroom 2 - 3.99 x 3.01 (13'1" x 9'10") - A further generously proportioned double bedroom overlooking the rear garden.

Bedroom 3 - 3.95 x 2.33 (12'11" x 7'7") - A further double bedroom with window overlooking the rear garden.

Bedroom 4 - 2.90 x 2.12 (9'6" x 6'11") - A generously sized single room ideal as a spare bedroom or home office.

Shower Room - 1.90 x 1.87 (6'2" x 6'1") - A modern two piece suite comprising a large walk-in shower cubicle and hand wash basin.

Wc - 1.70 x 0.80 (5'6" x 2'7") - Fitted with a low level WC.

Outside - To the front of the property is ample off-road parking for multiple vehicles with access into the garage and into the greenhouse, there is also a level lawn area bordered with shrubs. The rear garden has been maintained to the highest of standards with an array of mature flowers and shrubs, there are two raised decking areas ideal for al fresco dining and a pond. Towards the back of the garden there is a summer house and a handy storage shed.

Garage - 5.75 x 2.90 (18'10" x 9'6") - Accessed via an electric roller door with light and power connected. Handy pedestrian access into the greenhouse.

Services - All services connected, gas central heating.

Viewings - Viewings by appointment only through Morris and Bott, Grenville Wharf, 6a The Quay, Bideford, EX39 2HW. Tel: .

Agent Details

Morris and Bott, Bideford

01237 871089

Next Steps?

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