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Muddiford, Barnstaple

South West

£1,695,000

Listed on 11/07/2026

Property details

Bedrooms
6
Type
Detached House

Description

This property, set in a tranquil courtyard of converted mill buildings, presents a unique opportunity for investment and renovation in the scenic North Devon area. The site features a principal residence along with four holiday properties that accommodate up to eight guests each, making it an ideal setup for generating rental income. The historic Hewish Mill, dating back to 1751, offers original character and charm alongside modern conveniences. With spacious en-suite bedrooms and potential for reconfiguration—such as reinstating a fourth bedroom—the main house is ripe for enhancements. Each holiday unit has its own outdoor space and BBQ facilities, which can be further improved to elevate guest experiences. Additionally, the property includes valuable outbuildings and stables across approximately 4.6 acres of land, which could be developed subject to planning permissions. There are multiple attractive stone barns within the courtyard that hold conversion potential. The surrounding area boasts stunning natural beauty with access to coastal walks, cycling routes, and renowned beaches like Croyde and Woolacombe nearby. Given its location near Barnstaple with good transport links including rail service to London Paddington via Tiverton Parkway, this property is not just a home but also an investment in lifestyle and leisure.

Investment analysis

(EX31 area)
Area Average
£320/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -6.6%
5 year growth: +2.3%
Investment Disclaimer: Analysis based on EX31 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

Muddiford, Barnstaple
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£6,404
Based on a loan of £1,271,250 over 30 years at 4.45% 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.

Stamp duty calculator

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