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Barns At Hayne Barton Farm House, Devon, EX15 - Image 1
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Barns At Hayne Barton Farm House, Devon, EX15 - Image 5

Barns At Hayne Barton Farm House, Devon, EX15

South West

£300,000
Listed on 03/08/2024

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a unique opportunity for those interested in renovation and investment potential. The former agricultural buildings, known as The Barns at Hayne Barton, hold Class Q planning consent allowing for their transformation into three residential units. With the groundwork already laid, this site is poised for redevelopment into attractive family homes set in a scenic rural landscape. The structure is a steel-framed Dutch barn, featuring cladding on all sides and a corrugated steel sheet roof. The approved plans outline the conversion of the barn into two semi-detached two-bedroom homes alongside one three-bedroom link-detached residence. This design not only maximizes the living space but also offers an appealing layout for future occupants. Located within the Mid Devon countryside, these barns benefit from a rural setting while being conveniently situated between Cullompton and Willand. Cullompton provides a variety of commercial, educational, and recreational options, along with easy access to major road networks such as the M5 at Junction 28. Additionally, Tiverton Parkway offers mainline rail connections just north of the property, enhancing accessibility to Exeter and Taunton—both of which feature extensive amenities typical of larger regional centers. Regarding services, it is understood that mains water and electricity are available nearby, with provisions made for necessary wayleaves and easements from the vendor. A new private drainage system will need to be established by the purchaser in accordance with Environment Agency guidelines. For anyone looking at renovation possibilities or investment ventures in rural Devon, this is an excellent chance to acquire properties with significant potential for development while benefiting from a desirable location.

Investment Analysis

(EX15 area)
Area Average
£306/sq ft
Avg Rent (weekly)
£266
Avg Yield
4.0%

Renovation Potential

Est. Renovation Cost
£30,000 - £75,000
10-25% of property value
Monthly Sales
17
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (EX15)

Area prices are stable by +0.9% over the last 12 months
3 year growth: -1.9%
5 year growth: 15.3%
Investment Disclaimer: Analysis based on EX15 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

Barns At Hayne Barton Farm House, Devon, EX15
Map showing location of Barns At Hayne Barton Farm House, Devon, EX15
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