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Stevenstone, Torrington, Devon, EX38

South West

£700,000
Listed on 26/06/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2610 sqft

Description

Nestled within the serene Stevenstone Country Estate, just 2.5 miles from Great Torrington, this four-bedroom residence—known as The Linhay—presents a compelling opportunity for renovation and investment. Originally part of the historic Stevenstone House estate, this stone-built property offers a blend of rustic character and modern potential, set against an expansive backdrop of approximately 2.5 acres of enchanting gardens and woodland. The home, converted from agricultural use in the early 1980s, is characterized by its split-level layout that maximizes natural light while creating distinct areas for living and relaxation. Upon entering through a spacious double-glazed hallway, one immediately perceives the warmth and charm that permeates throughout. The kitchen/breakfast room stands out with ample storage options, including base and wall units, along with modern appliances such as a five-ring induction hob and built-in double oven. A Clearview multi-fuel stove serves as a cozy focal point for gathering during cooler months. Adjacent to the kitchen is an inviting dining room with twin windows that overlook the rear garden—an ideal space for family gatherings or entertaining guests. A utility room conveniently located off the kitchen adds functional storage and workspace while providing access to the gardens. The lower ground floor features a bright conservatory that opens directly to the garden, enhancing indoor-outdoor flow. Here you will find Bedroom Three along with a shower room, making it suitable for guests or extended family. This level also includes a study that leads to Bedroom Two—a versatile space with en-suite bathroom that could serve multiple purposes such as guest accommodations or an independent living area for teenagers. Moving up to the first floor reveals an impressive lounge showcasing high ceilings, dual-aspect windows, and a striking brick fireplace with another wood-burning stove. This space is flooded with natural light and boasts panoramic views of both gardens and surrounding countryside. The top floor houses the principal bedroom characterized by tranquil views through Velux windows, along with built-in wardrobes for convenient storage. Bedroom Four is currently utilized as an office but offers flexibility as additional sleeping quarters if needed. A family bathroom on this level features contemporary fittings. Outside, The Linhay’s grounds continue to impress with meticulous landscaping offering privacy alongside vibrant color throughout the seasons. The expansive outdoor areas include raised beds for vegetable gardening, woodland teeming with wildlife, enjoyable seating areas complete with ornamental ponds for relaxation during warmer weather, and terraced spaces ideal for al fresco dining. Additionally, there is an external room providing options for use as a

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -2.3% below area average per sq ft

-2.3%
Potential saving
This Property
£268/sq ft
Area Average
£275/sq ft

Renovation Potential

Est. Renovation Cost
£70,000 - £175,000
10-25% of property value
Target Value
£788,090
10% above area average per sq ft
Potential ROI
-9.9%
After renovation
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX38)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 3.4%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on EX38 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

Stevenstone, Torrington, Devon, EX38
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