This expansive detached farmhouse, believed to date back to the 16th century, offers a unique opportunity for renovation and investment. Currently configured as two separate three-bedroom wings, this property features a total of eight bedrooms, making it suitable for diverse living arrangements or potential income generation.
The main house showcases period character with elements like painted render and stone elevations, original cob walls in certain areas, and double glazed windows beneath its slate roof. The flexible layout includes an entrance hall, lobby, utility room, four reception rooms, a kitchen/breakfast area, and various bedrooms including two with en-suite facilities. This division into wings can easily accommodate large families or serve as a viable dual residence option.
Accompanying the farmhouse is a well-appointed detached holiday barn that was converted in 2016. Featuring open-plan living spaces with lofty ceilings and high-quality finishes, it consists of two bedrooms (one with an en-suite), a kitchen/dining room, and a sitting room. This barn has established holiday use consent and has generated a healthy rental income, adding further appeal for investors looking to capitalize on tourism in the area.
Set within generous gardens on elevated ground that offers picturesque views over the surrounding countryside, the property includes additional outbuildings such as a former shippon currently used for storage and other leisure spaces. The expansive outdoor areas consist of well-maintained garden lawns and paddocks that provide potential for further development or enhancement.
Located in Newton Tracey village along the B3232 road between Barnstaple and Great Torrington, the property benefits from its proximity to local amenities such as schools, shops, and public transport connections. The vibrant town of Barnstaple is just a short drive away offering a wider range of services including restaurants, cinemas, and healthcare facilities.
With easy access to North Devon’s stunning beaches within half an hour's drive and good connections to major roads leading towards Exeter and beyond, this property stands out as an attractive investment opportunity. Furthermore, there may be future development potential in the paddock area adjacent to the main buildings subject to local planning approvals. Notably, an overage clause may apply in this regard which could yield additional value if consent for separate dwellings is granted.
In summary, this property not only presents ample living space but also significant renovation potential with opportunities for both personal use and income generation through holiday letting or further developments.
