10 bed semi-detached house for sale

Portland Street, Ilfracombe, Devon EX34

Over 60s can secure this property with a Home For Life from Homewise

Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.

Over-60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £211,000 based on an average saving of 33%.

Market Value Price: £315,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.

For an indication of what you could save, please use our calculator on the Homewise website.

Please call for more information or a personalised quote

Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.

It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.

If you are not over 60 or would like to purchase the property at the full market value of £315,000, please contact the estate agent Webbers.
Property description

Portland House is a grand Grade II listed property, steeped in history and character, dating back to the early 19th century. Originally constructed as a private residence of stature, the building later served as a care home, and now offers an outstanding opportunity for sympathetic redevelopment. Extending to over 4,000 square feet and arranged across four generous floors, this impressive period building stands just outside the town centre, within easy reach of amenities, yet benefits from a garden to the rear with beautiful views across the Bristol Channel.

Accommodation and Features

The property is notable for its architectural presence, with a handsome fa?ade and a wealth of original internal features that remain intact. Inside, visitors are immediately struck by the central balustrade staircase, a striking reminder of the property?s heritage and one of its most significant features. Other character details include ornate fireplaces, bay windows that flood the rooms with natural light, and generous ceiling heights that enhance the sense of scale and grandeur.

Across the ground, first, and second floors, there are multiple large reception rooms and bedrooms, all offering flexible layouts suited to reconfiguration. While the property requires full modernisation and renovation throughout, its proportions and structural arrangement make it particularly well suited for conversion into four self-contained apartments (subject to the relevant planning permissions and listed building consents).

The roof appears to be in good internal condition, which will reassure prospective developers that the building provides a sound basis for refurbishment. The external areas include off-road parking to the front and, to the rear, a garden that enjoys elevated views over the Bristol Channel, creating an attractive aspect for future residents.

Development Potential

In its current configuration, Portland House offers significant flexibility. Its scale, layout, and character mean that conversion into apartments would be the most practical and commercially viable route. The combination of its location just outside the town centre, the availability of on-site parking, and the appeal of coastal views makes this an especially strong prospect for developers. The property?s status as a Grade II listed building ensures that the development will retain its period charm, while careful planning could create modern, desirable homes that blend heritage with contemporary living.

For developers seeking a project of distinction, Portland House represents a rare chance to bring a landmark period building back to life. The potential to create four spacious, high-quality apartments, each benefitting from unique architectural features and an enviable position close to amenities and transport links, cannot be overstated.

The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.