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Langtree, Torrington

South West

£700,000
Listed on 02/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This detached period farmhouse presents an excellent opportunity for renovation and investment, situated on a serene plot of approximately 1.7 acres. Set at the end of a private track, the property enjoys picturesque countryside views while remaining in close proximity to the village of Langtree, which is just two miles away and offers essential amenities such as a primary school and community facilities. The property features five bedrooms and spacious living areas, making it suitable for a variety of configurations. The expansive sitting room/diner opens onto a southern-facing patio, providing ample natural light and a connection to the outdoors. The kitchen/breakfast room retains its charming farmhouse style with fitted units and a Rangemaster stove, ideal for those considering modern updates or expansions. A significant highlight is the range of outbuildings available on the property. These versatile structures include a well-appointed detached barn that has been partially converted into a hobby/guest suite, featuring two reception rooms along with a fitted kitchen and shower room. This space holds potential for further conversion into holiday accommodations or additional living quarters (subject to planning permissions), significantly enhancing the property's investment value. The extensive grounds also boast a vegetable plot, orchard, wooded area, and generous lawn space—perfect for expanding outdoor living options or developing garden projects. Ample gravelled parking enhances accessibility while maintaining privacy. Located near Great Torrington, which offers broader amenities as well as leisure attractions like the Tarka Trail and RHS Rosemoor Gardens, this farmstead offers both tranquility and convenience. For those seeking access to larger towns or transport links, Bideford is easily reachable, while Barnstaple provides connection to major roadways and rail networks. With no onward chain complicating purchase logistics, this property stands out not only due to its charming character but also its considerable potential for transformation into an attractive family home or investment venture in North Devon’s sought-after rural setting.

Investment Analysis

(EX38 area)
Area Average
£275/sq ft

Renovation Potential

Est. Renovation Cost
£70,000 - £175,000
10-25% of property value
Monthly Sales
6
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX38)

Area prices are rising by +3.6% over the last 12 months
3 year growth: 3.4%
5 year growth: 24.0%
Investment Disclaimer: Analysis based on EX38 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

Langtree, Torrington
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