3 Bed Terraced House, Refurb/BRRR, Bideford, EX39 1DS, £165,000

3 OAKFIELD TERRACE, NORTHAM, BIDEFORD, EX39 1DS - 19 views - 4 months ago

Sold STC
Refurb/BRRR
~93 m²
+11 photos

ValuationFair Value

Sold Prices£125K - £600K
Sold Prices/m²£1.5K/m² - £5.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.8K/m²

Value Estimate

£168,300

 

 

End Value (After Refurb)

£314,559

Uplift in Value

+91%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Refurb Costs

£37,702

Bridging Loan Interest

£4,331

Total Cash In

£91,183

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£314,559

Agent Fees (1%)

£3,146

Bridging Loan

£123,750

Bridging Loan Interest

£4,331

Flip Profit

£96,480

Local Sold Prices

50 sold prices from £125K to £600K, average is £306.3K. £1.5K/m² to £5.9K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£162K06/210.04 mi52, Morwenna Park Road, Northam, Bideford, Devon EX39 1EU3
£189.9K04/230.04 mi58, Morwenna Park Road, Northam, Bideford, Devon EX39 1EU3
£181K12/220.04 mi115, Morwenna Park Road, Northam, Bideford, Devon EX39 1ET3
£170K03/210.09 mi37, North Street, Northam, Bideford, Devon EX39 1DH3
£199.5K03/210.1 mi21, Seaview Road, Northam, Bideford, Devon EX39 1EL3
£270K03/210.12 mi2, North East Street, Northam, Bideford, Devon EX39 1DJ3
£190K01/210.12 mi26, Cross Street, Northam, Bideford, Devon EX39 1BS3
£206K12/200.12 mi18, Cross Street, Northam, Bideford, Devon EX39 1BS3
£265K06/230.12 mi18, Cross Street, Northam, Bideford, Devon EX39 1BS3
£305.5K11/210.17 mi59, J H Taylor Drive, Northam, Bideford, Devon EX39 1TT3
£220K01/210.17 mi1, Burrough Road, Northam, Bideford, Devon EX39 1BU3
£293.5K11/210.22 mi12, Churchill Way, Northam, Bideford, Devon EX39 1DF3
£440K11/220.22 mi3, Great Burrow Rise, Northam, Bideford, Devon EX39 1TB3
£370K02/230.22 mi39, J H Taylor Drive, Northam, Bideford, Devon EX39 1TT3
£315K09/210.23 mi5, St Teresas Court, Northam, Bideford, Devon EX39 1EX3
£522K01/230.26 mi27, Windmill Lane, Northam, Bideford, Devon EX39 1BZ3
£310K02/210.27 mi28, Estuary View, Northam, Bideford, Devon EX39 1XZ3
£420K02/210.27 mi27, Windmill Lane, Northam, Bideford, Devon EX39 1BZ3
£499.9K06/230.27 mi33, Windmill Lane, Northam, Bideford, Devon EX39 1BZ3
£330K06/210.28 mi15, Mondeville Way, Northam, Bideford, Devon EX39 1DQ3
£343K11/210.28 mi11, Mondeville Way, Northam, Bideford, Devon EX39 1DQ3
£349.5K06/230.3 mi22, Wren Close, Northam, Bideford, Devon EX39 1UU3
£410K08/230.31 mi1, Vickers Ground, Northam, Bideford, Devon EX39 1SW3
£210K03/210.33 mi27, Benson Drive, Northam, Bideford, Devon EX39 1UY3
£289.5K02/210.34 mi2, Lansdowne Park, Northam, Bideford, Devon EX39 1TS3
£375K11/210.34 mi8, Broadlands, Northam, Bideford, Devon EX39 1ST3
£310.3K12/210.35 mi25, Amyas Way, Northam, Bideford, Devon EX39 1UT3
£220K10/200.35 mi9, Amyas Way, Northam, Bideford, Devon EX39 1UT3
£322.5K06/230.35 mi34, Amyas Way, Northam, Bideford, Devon EX39 1UT3
£261K06/230.39 mi12, King Alfred Crescent, Northam, Bideford, Devon EX39 1UF3
£389.9K05/210.4 mi10, Lundy View, Northam, Bideford, Devon EX39 1BE3
£525K06/210.41 miStymie, Chope Road, Northam, Bideford, Devon EX39 3QE3
£420K12/220.47 miWestward View House, Galleon Way, Westward Ho, Bideford, Devon EX39 1UJ3
£220K11/200.47 mi28, Galleon Way, Westward Ho, Bideford, Devon EX39 1UJ3
£225K06/210.47 mi34, Galleon Way, Westward Ho, Bideford, Devon EX39 1UJ3
£260K06/230.47 mi4, Galleon Way, Westward Ho, Bideford, Devon EX39 1UJ3
£285K06/230.47 mi34, Galleon Way, Westward Ho, Bideford, Devon EX39 1UJ3
£220K11/200.51 mi12, Commodore Close, Westward Ho, Bideford, Devon EX39 1UR3
£210K11/200.51 mi9, Commodore Close, Westward Ho, Bideford, Devon EX39 1UR3
£394.4K02/210.52 mi14, Tudor Close, Northam, Bideford, Devon EX39 3QD3
£340K12/200.59 mi2, Millennium Way, Westward Ho, Bideford, Devon EX39 1XN3
£385K01/210.65 mi53, Goodwood Park Road, Northam, Bideford, Devon EX39 2RR3
£600K07/230.66 mi3, Lenwood Road, Northam, Bideford, Devon EX39 3PL3
£335K02/210.66 miUandi, Broad Lane, Appledore, Bideford, Devon EX39 1ND3
£325K05/210.68 mi25, Coral Avenue, Westward Ho, Bideford, Devon EX39 1UW3
£287.5K06/210.68 miWooda Barn, Wooda Road, Northam, Bideford, Devon EX39 1NB3
£307K11/210.71 mi2, The Fairways, Westward Ho!, Bideford, Devon EX39 1TQ3
£245K06/210.71 mi30, The Fairways, Westward Ho, Bideford, Devon EX39 1TQ3
£125K06/210.74 mi25, Beach Road, Westward Ho, Bideford, Devon EX39 1HQ3
£365K04/210.74 mi38, Beach Road, Westward Ho, Bideford, Devon EX39 1HQ3

Local Rents

51 rents from £550/mo to £1.8K/mo, average is £815/mo.

RentDateDistanceAddressBeds 
£80005/240.08 miNorth Street, Bideford, Devon2
£92507/240.11 mi-3
£86004/240.14 miWindsor Road, Bideford3
£82504/240.15 miFore Street, Bideford, Devon2
£86003/240.15 miWindsor Road, Bideford3
£1,30004/240.19 miJH Taylor Drive, Northam, Bideford, Devon, EX394
£85004/240.26 miKimberley Park, Bideford, Devon2
£97503/240.28 mi-3
£75005/240.35 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£75005/240.35 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£77510/230.35 mi-2
£1,75004/250.43 mi-3
£64004/240.54 miKala Fair, Westward Ho2
£95003/240.56 mi-2
£95006/240.56 mi-2
£85005/240.64 mi-2
£85004/240.64 miRidgeway Court, Westward Ho, EX392
£65010/230.82 mi-2
£75504/240.82 mi-2
£72509/240.82 mi-2
£71504/250.82 mi-2
£1,10004/240.84 miGolf Links Road, Westward Ho, Bideford2
£1,30005/240.98 miOdun Terrace, Appledore3
£85004/241.04 miRiverside Court, Bideford, Devon2
£95003/241.06 miSpringfield Terrace, Westward Ho Bideford3
£60010/231.07 mi-1
£62505/241.08 miCleveland Terrace, Kingsley Road, Westward Ho!1
£85010/241.08 mi-2
£72510/241.1 mi-2
£81505/241.16 miThe Quay, Appledore, Bideford2
£65004/241.18 miBude Street, Appledore, Bideford1
£65004/241.18 miBude Street, Appledore, Bideford1
£1,30004/241.18 miMeeting Street3
£1,50005/241.19 miMeeting Street, Bideford4
£75004/241.2 miMyra Court, Irsha Street, Appledore2
£55005/241.21 miAtlantic Way, Westward Ho!, Devon1
£97505/241.21 miFactory Ope, Appledore3
£95005/241.25 miVernons Lane, Appledore, Bideford, EX392
£1,30005/241.26 miIrsha Street, Appledore, Bideford4
£1,05004/241.4 miCurlew Drive, Westward Ho!, Bideford, Devon, EX393
£59509/231.48 mi-1
£70007/231.48 mi-3
£58004/241.49 miManchester House, Bideford, Devon2
£62504/241.49 mi-1
£65006/241.54 mi-1
£62504/241.55 miColdharbour, Bideford2
£65006/241.55 mi-1
£64004/241.56 miColdharbour, Bideford, Devon2
£83503/241.56 miMyrtle Grove, Bideford, Devon3
£56004/241.59 miThe Mews, Bideford1
£95003/241.59 miPitt Lane, Bideford3

Local Area Statistics

Population in EX39

37,175

Town centre distance

1.87 miles away

Nearest school

0.10 miles away

Nearest train station

6.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £165,000

December 13, 2024

Floor Plans

Description

Mid terraced 3 bed property requiring a comprehensive program of updating and modernisation. Benefiting from a 64' long rear garden with useful brick built outhouse store. Located within a short walk of the village square amenities and available with no onward chain.

The property is conveniently located being a short walk from the village square which affords a range of local shops and stores including Newsagents and Supermarket which incorporates a Post Office counter. The village also has its own Medical Centre, Dental Surgery, Library, indoor heated Swimming Pool Complex, Public Houses and Restaurant plus local Junior and Infant Schools.

Regular bus services commute to the nearby Port and Market town of Bideford (1.5 miles) and also the seaside resort of Westward Ho! with its long sandy beach and adjoining Championship Golf Course.

SERVICES: Mains water, electricity and drainage. Main gas should be available as it does serve other houses within the terrace.

COUNCIL TAX BAND: A.

TENURE: Freehold.

DIRECTIONS TO FIND: Upon reaching Northam village continue down into the square taking the junction into Sandymere Road then veering immediately right into Diddywell Road. Continue along this road passing the entrance to Morwenna Park on your left and shortly after Oakfield Terrace will be seen on the right-hand side.

The accommodation is at present arranged to provide (measurements are approximate):-

GROUND FLOOR

Wooden entrance door, with obscure glazed panels, gives access to:-

ENTRANCE LOBBY: Staircase to first floor. Electric meter and consumer unit. Doorway through to:-

LIVING ROOM: 14' (4.28m) x 13'11" (3.94m) Open tiled fireplace. Recessed shelving. Generous ceiling height. Door to:-

INNER LOBBY: Access to understairs storage. Opening through to the kitchen and door to:-

BATHROOM: 5'7" (1.71m) x 4'11" (1.52m) Enamel bath with shower over. Toilet and wash hand basin. Wall mounted medicine cabinet. Obscure glazed window.

KITCHEN: 11'8" (3.56m) x 8'7" (2.64m) Window with aspect up through the rear garden. Working top surface incorporating stainless steel single drainer sink unit with cupboards and recess (plumbing for washing machine) under. 'L' Shaped working surface incorporating 4 ring electric hob (filtered extractor unit over) with cupboards, drawers and appliance recess under. Built-in 'eye level' oven and grill. Recess space for fridge/freezer. Wall cupboards. Door to the rear garden.

FIRST FLOOR

LANDING: Access hatch to loft space.

BEDROOM 1: 14'2" (4.33m) plus deep recess x 9'8" (2.97m) Deep recess, ideal for a wardrobe. A glimpse of the Northam Burrows. Cast fireplace. Picture rails.

BEDROOM 2: 12' (3.67m) x 9'4" (2.85m) Built-in cupboard which houses the hot water cylinder. Window looking over the rear garden. Picture rails.

BEDROOM 3: 8'11" (2.73m) x 7'6" (2.3m) Would be the ideal room to have as a bathroom should it be wanted on the first floor. Picture rails.

OUTSIDE

Lawned frontage with steps and pathway leading to the entrance door.

The rear garden is a major feature of the property being approximately 64' (19.5m) x 15' (4.57m). Immediately to the rear of the property is a concreted patio/seating area with cold water tap and a most useful BRICK OUTHOUSE: 6' (1.83m) x 5'10" (1.79m). The garden itself is mostly lawned but is now requiring some attention and imagination. At the end of the garden is a pedestrian gate which leads into a parking area which the residence and neighbouring properties make use of. There is unrestricted on street parking within Diddywell Road and the surrounding roads.

Agent Details

Brights, Bideford

01237 870486

Next Steps?

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