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Little Torrington, Torrington, Devon, EX38 - Image 1
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Little Torrington, Torrington, Devon, EX38

South West

£2,150,000
Listed on 26/09/2024

Property Details

Bedrooms
4
Type
Detached house

Description

This unique residential farm, available for the first time in over 40 years, offers a blend of agricultural and sporting opportunities in an idyllic setting bounded by the picturesque River Torridge. This distinctive property not only features a spacious four-bedroom family home but also presents numerous possibilities for renovation and investment, making it an attractive prospect for those seeking to enhance its charm or expand its functionality. The property is approached via a council-maintained road, ensuring easy access while providing a sense of seclusion. The charming period home is surrounded by a range of traditional outbuildings that could be repurposed for various uses, such as equestrian facilities, studios, or offices (subject to planning consent). The established gardens include a walled area ideal for outdoor dining, along with an orchard and pond—spaces ripe for revitalization or expansion depending on your vision. With over 107 acres of productive land encompassing pastures and meadows leading down to the riverbank, opportunities abound for those interested in agriculture or recreational pursuits. The rise in elevation behind the home features broadleaf woodlands and arable land suitable for diverse farming methods. For equine enthusiasts, existing stables offer potential for expansion and further development. The property's natural boundary formed by the River Torridge enhances its appeal, providing endless opportunities for activities such as wild swimming, kayaking, and fishing right at your doorstep. Inside the house, you'll find well-proportioned reception rooms and bedrooms that boast lovely views over the grounds and neighboring meadows. Located amid unspoiled Devon countryside designated as an Area of Great Landscape Value, this property provides both privacy and accessibility to nearby towns like Great Torrington (5 miles), which offers essential amenities including shops and health services. Bideford (10 miles) provides additional cultural and recreational options while cities like Exeter (38 miles) are within easy reach for more extensive urban facilities. For those who value outdoor pursuits, this location lends itself well to exploring both the North Devon coastline known for its breathtaking beaches and walking routes along the South West Coastal Footpath. Furthermore, Dartmoor National Park lies to the south while Exmoor can be found to the northeast, offering additional recreational opportunities. In summary, this property not only boasts historical significance but presents clear investment potential through renovations or alternative uses of existing structures—all set within one of Devon's most beautiful landscapes.

Investment Analysis

(EX38 area)
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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

Little Torrington, 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
£7,876
Based on a loan of £1,612,500 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