About This Property

Discover what makes this home special

The Oysterwood is a charming terraced home located in the scenic coastal town of Ilfracombe, North Devon. This property offers a comfortable and practical living space with two bedrooms and a well-appointed bathroom, ideal for small families or couples seeking a peaceful retreat. The open-plan kitchen, dining, and family area provides a bright and airy environment, perfect for modern living and entertaining. Situated close to the town centre, residents can enjoy easy access to local amenities while benefiting from the tranquility of this coastal locale.

This property is well-suited for those looking to embrace a relaxed lifestyle with beautiful sea views and the natural surroundings of North Devon. Its proximity to Barnstaple train station and the larger city of Exeter ensures reasonable connectivity for commuters and visitors alike. The Oysterwood represents a great opportunity to own a home in a region known for its stunning landscapes and growing community spirit.

Property Features

The Oysterwood boasts an intelligently designed layout that maximises space and natural light. The ground floor features an open-plan kitchen, dining, and family area with direct access to the garden, creating a seamless indoor-outdoor flow. A separate lounge offers a cosy retreat, while the cloakroom and multiple storage areas add to the home's functionality. Upstairs, two well-sized bedrooms provide comfortable accommodation alongside a family bathroom, making this property both practical and inviting.

Open-plan kitchen and diningFamily roomLoungeCloakroomTwo bedroomsBathroom+2

Local Amenities

Located in Ilfracombe, the property benefits from a variety of local amenities including reputable primary and secondary schools such as Ilfracombe Academy and St Nicholas Church of England Primary School. Residents have access to supermarkets like Tesco and local shops for everyday needs. The town offers several parks and recreational spaces, alongside a selection of restaurants and cafes that showcase local cuisine. Public transport is available via bus routes connecting to Barnstaple and surrounding areas, while healthcare needs are met by nearby medical centres.

Primary schoolsSecondary schoolsSupermarketsLocal shopsParksRestaurants+2
Barnstaple Train Station (3.5 miles, 10 mins drive) • 1h 15m by train to Exeter

Estimate Calculator

Mortgage Calculator

25%
25
4.5%
Monthly Payment-
Purchase Costs
Total Price£249,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£2,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Landlord's Insurance£25/mo
Agency Fees-
Est. Rent-
Net Monthly-

Mortgage Calculator

10%
25
4.5%
Monthly Payment-
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Purchase Costs
Total Price£249,950
Mortgage Deposit-
Stamp Duty-
Deposit Contribution£0
Searches & Other£1,500
Legal Fees£1,500
Total Cash Required-
Monthly Costs
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Home Insurance£30/mo
Total Monthly-

International Suitability

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International Buyer Calculator

35%
20
5.5%
Monthly Payment-
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International buyers typically require 25-40% deposit with limited lender options
Purchase Costs (Non-UK Resident)
Total Price£249,950
Mortgage Deposit (Min 25%)-
Stamp Duty + 2% Surcharge-
Legal Fees (Intl Complex)£3,500
AML & ID Verification£500
Bank Transfer Fees£1,000
Total Cash Required-
Monthly Costs & Income
Estimated Service Charge£0/mo
Estimated Ground Rent£0/mo
Mortgage-
Full Management (10%)-
Landlord's Insurance£35/mo
Est. Rent-
Net Monthly-
Key Considerations for International Buyers
+2% Stamp DutyAdditional surcharge for non-UK residents on property purchases
Higher DepositMost lenders require 25-40% deposit for non-UK residents
AML ComplianceEnhanced due diligence and source of funds verification required
Property ManagementFull management service recommended for overseas landlords

Investment Analytics

Key metrics for investors & buyers
Gross Rental Yield
4.6%
Based on £958/mo rent
Area Price Growth
+0.1%
Average annual increase
5-Year Value Forecast
£251,202
+£1,252 projected gain
5-Year Rent Forecast
£1,177/mo
Based on 4.2% annual growth
Price per Sq Ft£294
Annual Rent Income£11,496
10-Year ROI184%
Break-Even Point22 yrs

Property Value Projection

Based on 0.1% annual growth
£251,202
5yr
£252,461
10yr
£253,726
15yr
£254,997
20yr
£256,274
25yr
Current: £249,950

Monthly Rental Income

Based on 4.2% annual growth
£1,177
5yr
£1,446
10yr
£1,776
15yr
£2,181
20yr
£2,680
25yr
Current: £958/mo
* Projections are estimates based on historical market data and are not guaranteed. Past performance does not indicate future results.

Property Features

Local Area & Amenities

Floorplans

Ground Floor

Property Floorplan

Location

Commute Time Planner

Exeter St Davids
1h 15m
45 mins
London Paddington
3h 15m
4h 30m

Location Scores

45
Walk Score
Car-Dependent
40
Transit Score
Some Transit
50
Bike Score
Bikeable
View Location Details

Future Developments Nearby

Mixed-useModerate Positive Impact
North Devon Regeneration Project
1.5 milesEst. 2027
* Information based on local planning applications and may be subject to change

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£249,950
AvailableNB0000055104
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The Oysterwood

Yelland, south west, Yelland EX31 3EY
Otters Reach
2
Bedrooms
1
Bathrooms
850
Est. Sq ft
terraced
Type

Developer

Wain Homes
Available Plot Numbers
52
1 plot(s) available
Ownershipfreehold

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£249,950The Oysterwood

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The Oysterwood
The OysterwoodYelland, south west£249,950

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