Worst House on the Street Logo
Higher Clovelly, Bideford, Devon - Image 1
Higher Clovelly, Bideford, Devon - Image 2
Higher Clovelly, Bideford, Devon - Image 3
Higher Clovelly, Bideford, Devon - Image 4
Higher Clovelly, Bideford, Devon - Image 5

Higher Clovelly, Bideford, Devon

South West

£875,000
Listed on 28/03/2025

Property Details

Bedrooms
N/A
Type
Detached House
Area
2464 sqft

Description

Trew Farmhouse represents a significant investment opportunity, featuring a spacious 5-bedroom detached residence set on approximately 12 acres of beautiful grounds. Located near the quaint village of Woolsery, this property offers extensive living space along with two established holiday letting cottages that generate income. The diverse traditional and modern outbuildings present numerous possibilities for renovation or repurposing, tapping into the growing market for alternative accommodations or equestrian facilities. This farmhouse is designed for those seeking a flexible lifestyle amidst serene surroundings. While the two charming holiday cottages have been tastefully updated, the main residence needs modernization to unlock its full potential. The kitchen/diner, featuring several Velux roof lights and a sizable Belling cooker, has seen some renovations but would benefit from further enhancement. The ground floor comprises three large reception areas — including a living room with an attractive stone fireplace and a practical utility room leading to the garden. Upstairs, five generously sized bedrooms showcase stunning views over the property's gardens and countryside. The possibility exists to convert part of this space back into six bedrooms or to create en-suite facilities while maximizing the loft area for additional living space. Significant outbuildings include multiple barns of various sizes and conditions, providing ample scope for development—from conversion into additional accommodation to glamping units—allowing you to capitalize on tourism in this region known for its natural beauty. The outdoor space is equally impressive with well-maintained gardens complemented by paddocks and fields that cater to various agricultural interests or personal retreats. Given Trew Farm's extensive layout and adaptable structure, it holds exceptional promise as both a family home and a potential income-generating venture.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +15.4% above area average per sq ft

+15.4%
This Property
£355/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£834,261
10% above area average per sq ft
Potential ROI
-16.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -13.9%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on EX39 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

Higher Clovelly, Bideford, Devon
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,156
Based on a loan of £656,250 over 30 years at 4.06% 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.

Price History

-5.4% since listed
£875,000£50,000(-5.4%)
02/06/2025
Current price
£925,000Initial listing
28/03/2025

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.

Allcott Associates