2 Bed Terraced House, Planning Permission, Bideford, EX39 2QX, £220,000

Ridgeway Terrace, Orchard Hill, Bideford, Devon, EX39 2QX - 2 months ago

Sold STC
Planning
~68 m²
+10 photos

ValuationOvervalued

Sold Prices£92K - £315K
Sold Prices/m²£1.4K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£161,028

Investment Opportunity

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£580 - £2,500

Rent Estimate

£640

Running Costs/mo

£836

Cashflow/mo

£-195

Cashflow/yr

£-2,346

Gross Yield

3%

Local Sold Prices

50 sold prices from £92K to £315K, average is £190.5K. £1.4K/m² to £5.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£240K04/230.09 mi17, Riverside Close, Bideford, Devon EX39 2RX2
£200K02/210.15 mi23, Chanters Road, Bideford, Devon EX39 2QN2
£193K12/200.3 mi70a, Hanson Park, Northam, Bideford, Devon EX39 3SB2
£315K04/230.5 miLittle Melville, Heywood Road, Northam, Bideford, Devon EX39 3QB2
£270K06/210.57 miBrackens, First Raleigh, Bideford, Devon EX39 3NJ2
£230K06/230.57 miTibu, First Raleigh, Bideford, Devon EX39 3NJ2
£295K04/210.57 mi6, Northdown Drive, Bideford, Devon EX39 3LW2
£215K06/230.59 mi51, Lime Grove, Bideford, Devon EX39 3JL2
£295K02/210.6 mi18, Middleton Road, Bideford, Devon EX39 3LU2
£143K01/210.6 mi22, Lower Gunstone, Bideford, Devon EX39 2DE2
£195K05/210.63 mi56, Elm Grove, Bideford, Devon EX39 3JF2
£210K07/230.64 mi65, Lime Grove, Bideford, Devon EX39 3JN2
£141K02/210.68 mi2, Chapel Street, Bideford, Devon EX39 2JZ2
£295K07/230.69 mi10, Vinegar Hill, Bideford, Devon EX39 4AF2
£148K06/210.72 mi27, Barnstaple Street, Bideford, Devon EX39 4AE2
£240K02/230.74 mi25, King Alfred Crescent, Northam, Bideford, Devon EX39 1UE2
£260K12/210.75 mi1, Grange Bungalows, Bideford, Devon EX39 4AW2
£165K09/210.75 mi51, Victoria Gardens, Bideford, Devon EX39 2BA2
£175K05/230.77 mi38, Biddiblack Way, Bideford, Devon EX39 4AY2
£182K12/220.78 mi43, Biddiblack Way, Bideford, Devon EX39 4AY2
£305K03/210.78 mi15, Wren Close, Northam, Bideford, Devon EX39 1UU2
£232K10/200.78 mi19, Wren Close, Northam, Bideford, Devon EX39 1UU2
£125K05/210.78 mi3, Hyfield Place, Bideford, Devon EX39 2DW2
£240K01/210.78 mi2, Ian Hay Close, Bideford, Devon EX39 4RL2
£130K08/210.78 mi13, Silver Street, Bideford, Devon EX39 2DY2
£93K03/210.78 mi29, Silver Street, Bideford, Devon EX39 2DY2
£112K11/200.78 mi9, Silver Street, Bideford, Devon EX39 2DY2
£92K03/210.78 miMews Cottage, Silver Street, Bideford, Devon EX39 2DY2
£188K09/210.78 mi10, Pannier Mews, Bideford, Devon EX39 2DT2
£195K07/230.78 mi10, Victoria Grove, Bideford, Devon EX39 2DN2
£215K06/230.79 mi24, Lower Meddon Street, Bideford, Devon EX39 2BJ2
£146.5K04/210.8 mi4, Model Terrace, Bideford, Devon EX39 2EP2
£195K07/210.81 mi5, Donn Gardens, Bideford, Devon EX39 4FR2
£151K09/210.81 mi8a, Meddon Street, Bideford, Devon EX39 2EF2
£188K07/230.81 mi43, Meddon Street, Bideford, Devon EX39 2EF2
£128K02/210.82 mi45, Meddon Street, Bideford, Devon EX39 2EQ2
£130K08/210.83 mi27, Bull Hill, Bideford, Devon EX39 2BH2
£111.5K12/200.83 mi18a, Torrington Street, Bideford, Devon EX39 4DP2
£200K02/230.83 mi1, Chapel Park Close, Bideford, Devon EX39 4FD2
£135K06/230.83 mi1, Trafalgar Place, Bideford, Devon EX39 3BJ2
£208.8K12/220.83 mi98, Meddon Street, Bideford, Devon EX39 2EW2
£220K05/210.83 mi12, Milton Place, Bideford, Devon EX39 3BN2
£222K04/230.83 mi11, Milton Place, Bideford, Devon EX39 3BN2
£148K11/200.83 mi98, Meddon Street, Bideford, Devon EX39 2EW2
£124K12/210.83 mi84, Meddon Street, Bideford, Devon EX39 2EW2
£160K01/210.84 mi23, Fillablack Road, Bideford, Devon EX39 4AB2
£195K01/230.84 mi7, Kingsley Terrace, Bideford, Devon EX39 2BQ2
£180K01/210.87 mi26, Castle Street, Northam, Bideford, Devon EX39 1AT2
£166K12/220.87 mi3, Grenville Terrace, Bideford, Devon EX39 4BE2
£155K02/210.87 mi23, Geneva Place, Bideford, Devon EX39 3BS2

Local Rents

40 rents from £580/mo to £2.5K/mo, average is £750/mo.

RentDateDistanceAddressBeds 
£85004/240.07 miRiverside Court, Bideford, Devon2
£58004/240.52 miManchester House, Bideford, Devon2
£62504/240.54 miColdharbour, Bideford2
£64004/240.56 miColdharbour, Bideford, Devon2
£72510/240.63 mi-2
£75012/240.63 mi-2
£75001/250.64 mi-2
£69512/230.65 mi-2
£2,50011/240.65 mi-2
£2,50002/250.65 mi-2
£80004/240.69 miBrigade House, Bideford, EX392
£85004/240.69 miBrigade House, Bideford, EX392
£85005/240.69 mi-2
£85005/240.69 mi-2
£85001/250.7 mi-2
£87503/250.71 mi-2
£70010/230.72 mi-2
£72510/230.72 mi-2
£75005/240.73 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£75005/240.73 miCarnegie North, Clevelands Park, Northam, Bideford, EX392
£72505/240.75 miSilver Street, Bideford, EX392
£77503/240.78 miBiddiblack Way, Bideford, Devon2
£85009/230.8 mi-2
£87503/250.8 mi-2
£69504/240.8 miPannier Mews, Bideford, Devon2
£65010/230.8 mi-2
£75504/240.8 mi-2
£72509/240.8 mi-2
£71504/250.8 mi-2
£75005/240.81 miWatkins Way, Bideford, EX392
£64003/240.82 miMeddon Street, Bideford, Devon2
£75004/240.88 miGeneva Place, Bideford2
£89504/240.92 miClifton Street, Bideford2
£82504/240.95 miFore Street, Bideford, Devon2
£80005/240.99 miNorth Street, Bideford, Devon2
£70005/241 miAvon Road, Bideford, EX392
£75004/241.06 miMarlen Court, Bideford, Devon2
£72503/241.12 mi2 bedroom Coach House, Rowe Close, Bideford2
£77510/231.12 mi-2
£85004/241.2 miKimberley Park, Bideford, Devon2

Local Area Statistics

Population in EX39

37,175

Town centre distance

0.85 miles away

Nearest school

0.10 miles away

Nearest train station

6.96 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+5%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £220,000

February 3, 2025

Floor Plans

Description

  • DELIGHTFUL TWO DOUBLE BEDROOM COTTAGE +
  • FABULOUS REAR GARDEN +
  • SOUGHT AFTER QUIET AREA OF BIDEFORD +
  • CLOSE TO THE RIVER AND TOWN CENTRE +
  • STUDY AND UTILTY ROOM +
  • LARGE SITTING ROOM +
  • FUNCTIONAL KITCHEN +
  • POTENTIAL FOR PARKING +

Number 1 Ridgeway Terrace is a well-loved, tastefully presented two-bedroom character cottage, occupying a tranquil position with the distinct advantage of a fabulous rear garden. Situated within the sought-after area of Orchard Hill this property is in a delightfully, quiet position and is within walking distance of the town centre and all its amenities. Ideal for both first-time buyers and downsizers alike it is a mixture of the inside quirkiness and the impressive outside available space that really sets this property out from the norm

Approached from the roadside, a cast iron gate leads to a bright entrance porch which provides a handy area to take off shoes and coats before entering the main house. An additional door leads into the sitting / dining room which features a focal gas fireplace sat in front of the built-in chimney breast. There are handy shelves to the alcoves and a door which leads into an interlinking study / office.

The kitchen comprises of a handy breakfast bar area with further space for cupboards and shelving and houses the combi boiler. There are a range of wall and base units complimenting the work surfaces which also incorporates the sink and drainer as well as space for a free-standing cooker and fridge freezer. A door leads to the greenhouse / utility area and a downstairs toilet.

From the kitchen stairs ascend to the first floor where there are two deceptive double bedrooms, these two rooms are located at the front and rear of the house and are separated between the main bathroom which has white sanitary ware and a shower over the bath.

Outside is a substantial garden with patio seating areas and stepping stones leading up the lawn with established borders and some mature trees. There are three timber sheds on the plot which the current owners use for both storage and a hobbist art studio. Overall, the garden extend to about 90'.

NB: the vendors have full planning permission to extend the kitchen into the adjacent utility area to create one large open plan space. Details are available in the branch or on the Torridge Planning Portal.

TENURE - Freehold
SERVICES - All mains connected
COUNCIL TAX - Band B
EPC - D
From Bideford Quay, proceed towards the A39, passing Rydons Garage and Raleigh Hill on the left. Orchard Hill is the next on the right. The property is towards the end of the road after the hill starts to dip back down with number 1 Ridgeway Terrace is the first house on the left hand side.

Agent Details

Webbers Property Services, Bideford

01237 871237

Next Steps?

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