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Stevenstone, Torrington, Devon, EX38

South West

£700,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
2610 sqft

Description

The Linhay is a distinctive property nestled within the tranquil Stevenstone Country Estate, just a short drive from Great Torrington. This unique stone-built residence, originally an agricultural building, presents an exceptional opportunity to invest in a historic piece of Devonshire with immense potential for renovation and personalization. The home features approximately 2.5 acres of mature gardens and woodland, framing a serene backdrop for country living. Having been converted in the early 1980s, The Linhay retains much of its rustic charm interspersed with generous modern spaces. A welcoming double-glazed entrance hallway leads you into the heart of the home, which is organized across various levels to create distinct areas for relaxation and social gatherings. The kitchen/breakfast room stands out with its classic design and modern amenities, including a five-ring induction hob and multi-fuel stove that add both warmth and functionality to the space. Adjacent dining and utility rooms provide essential areas for entertaining and convenience. Descending to the lower ground floor reveals a bright conservatory overlooking the expansive garden along with two comfortable bedrooms that could benefit from some updating. The versatile layout allows for easy adaptation; Bedroom Two has its own en-suite bathroom making it ideal as a guest suite or separate living area. On the first floor, the spacious lounge is characterized by high ceilings and panoramic views of the grounds. The top floor features additional bedrooms that can cater to families or be transformed into office space or creative studios. The outdoor spaces are equally captivating. With extensive gardens including seated terraces, raised vegetable beds, and woodland pockets offering privacy and serenity, there’s plenty to explore or cultivate at your leisure. Furthermore, an external room poses potential as an office or workshop with additional storage options available beneath the dining area. In summary, while The Linhay showcases lovely features right now, it holds significant promise for those wishing to inject their personal style into its historical canvas. Its combination of location, characterful framework, and spacious grounds provides an excellent foundation for renovation either as a family home or investment project in Devon's scenic countryside.

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -0.2% below area average per sq ft

-0.2%
Potential saving
This Property
£268/sq ft
Area Average
£269/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£771,868
10% above area average per sq ft
Potential ROI
-5.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -11.5% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.2%
Investment Disclaimer: Analysis based on EX38 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

Stevenstone, Torrington, Devon, EX38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,479
Based on a loan of £525,000 over 30 years at 3.91% 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

-6.7% since listed
£700,000£50,000(-6.7%)
25/06/2025
Current price
£750,000Initial listing
20/05/2024

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