Summary - Flat 3, 5 High Street EX34 9DF
2 bed 1 bath Flat
Affordable seaside buy for first-time buyers or investors.
Top-floor two-bedroom flat with coastal views
Light-filled top-floor apartment with direct coastal views, offered chain-free and with a very long lease (970 years remaining). The open-plan living space and two double bedrooms make this a practical purchase for a first-time buyer or an investor seeking holiday-let or rental potential. The building is an early 20th-century Victorian end-terrace, giving period character alongside modern secondary glazing and mains gas heating.
The flat requires general modernisation throughout; cosmetic updating and some improvement work will unlock the most value. Service charge and ground rent are low (£290 pa service charge, £50 pa ground rent), and council tax is very cheap, reducing running costs. Communal storage is available for bikes, surfboards and extra belongings.
Be realistic about the setting: the property sits in a very deprived area with above-average crime statistics, which may affect long-term yield or resale timing. The apartment is small (576 sq ft) and has solid brick walls with likely limited insulation, so consider potential heating/insulation upgrades. Broadband is average but mobile signal is excellent for connectivity.
This is a straightforward, affordable entry into Ilfracombe's seaside market for a buyer who values views and location and is prepared to invest in improvement. For investors, coastal demand and the town’s attractions may support holiday or long-term lets after refurbishment.
2 bedroom flat for sale in Montpelier Terrace, Ilfracombe, EX34 — £165,000 • 2 bed • 1 bath • 621 ft²
2 bedroom flat for sale in Market Street, Ilfracombe, EX34 — £170,000 • 2 bed • 1 bath • 469 ft²
2 bedroom flat for sale in Parade Terrace, Ilfracombe, Devon, EX34 — £225,000 • 2 bed • 1 bath • 521 ft²
2 bedroom flat for sale in Portland Street, Ilfracombe, EX34 — £180,000 • 2 bed • 1 bath • 671 ft²
1 bedroom apartment for sale in Oxford Grove, Ilfracombe, EX34 — £87,000 • 1 bed • 1 bath • 564 ft²
2 bedroom apartment for sale in Sommers Crescent, Ilfracombe, EX34 — £290,000 • 2 bed • 2 bath • 797 ft²
