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Horwood, Bideford, Devon, EX39 - Image 1
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Horwood, Bideford, Devon, EX39

South West

£795,000
Listed on 23/07/2024

Property Details

Bedrooms
8
Type
Detached house

Description

This exceptional Grade II listed residence presents a unique opportunity for those seeking a versatile property with considerable renovation and investment potential. Set within approximately 0.7 acres, the home features eight bedrooms and flexible living spaces that can accommodate a range of uses, from a large family dwelling to a possible multi-generational setup or even an Airbnb venture. Nestled on the outskirts of a desirable rural village, the property enjoys picturesque views over the scenic North Devon countryside. This location not only offers tranquility but also easy access to local amenities, with the vibrant towns of Great Torrington, Bideford, and Barnstaple just a short drive away. Nearby Newton Tracey provides additional conveniences, including a public house and restaurant, while the coastal village of Instow—renowned for its sandy beach—is about five miles from your door. The residence has undergone extensive renovations that preserve its historical charm while incorporating modern comforts. Character features such as exposed beams, original fireplaces, and stonework create an inviting ambiance throughout. The layout is adaptable; currently utilized for combined living arrangements, it can be reconfigured to suit various needs or desires. Outdoor spaces complement the interior's offerings. The property features delightful gardens—including a walled garden at the front and cobbled courtyards—providing ample room for relaxation or gardening enthusiasts. There is also off-road parking available along with a garage and stone barn at the rear that holds significant potential for further development (subject to planning permission). The inside boasts spacious reception areas ideal for both entertaining and family gatherings. Each room draws in natural light through large windows that frame views of the surroundings. From cozy sitting rooms with wood-burning stoves to well-equipped kitchens with handmade cabinetry, every corner reflects thoughtful design. In summary, this property stands out not only for its impressive size and character but also for its myriad possibilities—making it an attractive prospect for buyers looking to invest in a unique home in North Devon's enchanting landscape. With no ongoing chain, this residence invites you to explore its full potential.

Investment Analysis

(EX39 area)
Area Average
£301/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.1%

Renovation Potential

Est. Renovation Cost
£79,500 - £198,750
10-25% of property value
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +5.1% over the last 12 months
3 year growth: -4.0%
5 year growth: 23.7%
Investment Disclaimer: Analysis based on EX39 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Horwood, Bideford, Devon, EX39
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