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Stevenstone, Torrington, Devon, EX38

South West

£700,000
Listed on 30/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2610 sqft

Description

Nestled within the serene Stevenstone Country Estate, just a short drive from Great Torrington, The Linhay represents a unique opportunity to acquire a historic property that is brimming with potential for renovation and enhancement. This split-level residence, originally transformed from an agricultural structure in the early 1980s, combines rustic charm with spacious living areas set across approximately 2.5 acres of landscaped gardens and woodland. Despite its inviting character, The Linhay requires significant refurbishing to restore it to its full glory. The property boasts various levels, which could be reconfigured for optimal functionality and modern comfort while retaining its distinct heritage features. The expansive kitchen/breakfast room is equipped with essential appliances, yet there is ample scope for redesigning this space to suit contemporary culinary needs. The lower ground floor includes a bright conservatory and several adaptable bedrooms, providing flexibility in usage as guest suites or home offices. The upper floors feature a considerable lounge area with potential for upgrading aesthetics and usability. Outside, the grounds offer abundant space for landscaping projects or even creating additional outdoor amenities. With its rich history and beautiful backdrop, The Linhay presents not only a charming living environment but also a promising investment opportunity for those looking to make their mark through thoughtful renovations.

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -1.4% below area average per sq ft

-1.4%
Potential saving
This Property
£268/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£780,625
10% above area average per sq ft
Potential ROI
-1.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.5%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,564
Based on a loan of £525,000 over 30 years at 4.19% 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.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE