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Long Lane, Berry Down, Combe Martin

South West

£925,000
Listed on 16/04/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This Grade II Listed detached farmhouse, steeped in history and character, presents a unique opportunity for renovation and investment. Spanning approximately 4.62 acres in a picturesque rural setting, the property features six bedrooms and various outbuildings, each offering considerable potential for transformation. The farmhouse itself retains many original architectural elements, including exposed beams, inglenook fireplaces, and stone elevations beneath a traditional slate roof. The current layout allows for flexible living arrangements: it can function as one expansive home with five bedrooms or be divided into a four-bedroom main house with a self-contained one-bedroom annexe known as 'The Snicket.' This adaptability makes it ideal for multi-generational living or generating rental income. Surrounding the farmhouse are several period outbuildings, including a large barn that serves as an entertaining space, and a substantial former threshing barn. Previous planning permissions existed to convert this latter building into holiday units, which lapsed but may still hold potential under current guidelines for residential conversion—subject to necessary approvals. Additionally, there are two movable structures on-site that could serve as studios or holiday accommodations with appropriate consents. For those with equestrian interests, the property includes a stable block and several paddocks that can accommodate livestock or equine activities. The extensive grounds feature a charming garden area complemented by a stream and a spring-fed pond—enhancing both the aesthetic appeal and recreational options available. Located at the end of a private drive off the A3123 road connecting Woolacombe to Blackmoor Gate, the property is conveniently situated near coastal attractions such as Combe Martin and the renowned beaches of Croyde and Woolacombe. Barnstaple, approximately 11 miles to the south, provides essential amenities including shopping and healthcare facilities while offering quick access to major road networks leading to Exeter and beyond. In summary, this property combines historical charm with ample scope for renovation or investment projects. With its serene surroundings and diverse features—ranging from accommodation options to agricultural facilities—it promises great potential for personalization or development. An internal viewing is encouraged to fully appreciate what this unique farmhouse has to offer.

Investment Analysis

(EX31 area)
Area Average
£325/sq ft
Avg Rent (weekly)
£270
Avg Yield
3.5%

Renovation Potential

Est. Renovation Cost
£92,500 - £231,250
10-25% of property value
Monthly Sales
18
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -2.5%
5 year growth: 11.6%
Investment Disclaimer: Analysis based on EX31 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

Long Lane, Berry Down, Combe Martin
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