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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, The Linhay offers a distinctive opportunity for those looking to invest in a spacious and uniquely structured home. Just 2.5 miles from Great Torrington, this property combines the charm of Devonshire history with significant renovation potential, set against a backdrop of approximately 2.5 acres of well-maintained gardens and woodlands. Originally part of the historic Stevenstone House estate, The Linhay is a former agricultural stone building converted in the early 1980s. Its split-level design creates an inviting atmosphere with ample light and character throughout. A welcoming entrance hallway leads into various living spaces designed for both relaxation and entertaining. The kitchen/breakfast room is particularly noteworthy; it boasts modern conveniences including a five-ring induction hob and built-in double oven, complemented by a cozy Clearview multi-fuel stove that serves as an attractive focal point. This area seamlessly connects to the dining room, which overlooks the rear garden—ideal for family gatherings or hosting friends. Additionally, the utility room provides practical storage solutions and access to outdoor areas. Descending to the lower ground floor reveals a conservatory that opens directly into the garden, enhancing indoor-outdoor living. This level also features Bedroom Three and a convenient shower room. A study area leads to Bedroom Two, which includes an en-suite bathroom—a versatile setup suitable for guests or older children seeking more autonomy. On the first floor, a spacious lounge with vaulted ceilings and expansive windows showcases beautiful views of the estate’s grounds, further enhanced by a traditional brick fireplace housing another wood-burning stove. The top floor includes the principal bedroom that benefits from Velux windows and built-in wardrobes alongside Bedroom Four, currently utilized as an office but easily convertible to suit different needs. Outside, The Linhay continues to impress with its private gravel driveway flanked by lush lawns adorned with mature trees and shrubs that provide both privacy and seasonal color. The expansive grounds include raised vegetable beds for gardening enthusiasts, wooded areas perfect for exploration or wildlife observation, multiple seating areas for outdoor leisure or dining, and even an external room adaptable for office use or creative projects. With its combination of historic charm and contemporary living space potential, The Linhay represents an exceptional investment opportunity in a tranquil countryside setting. Whether you’re interested in expanding your property portfolio or crafting your dream rural retreat, this residence invites you to explore its possibilities while enjoying all that Devonshire has to offer. Viewing is encouraged to fully appreciate both its charm and future potential.

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£268/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Target Value
£780,625
10% above area average per sq ft
Potential ROI
-1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on EX38 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE