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St. Giles, Torrington, Devon, EX38

South West

£900,000
Listed on 29/03/2025

Property Details

Bedrooms
5
Type
Detached
Area
2528 sqft

Description

Set against the backdrop of 24 acres of lush Devon countryside, this five-bedroom detached farmhouse offers a unique opportunity for renovation and investment. With its spacious living areas and charming period features, the property has significant potential for modernisation or adaptation to suit personal tastes. In addition to the main residence, there is approved planning permission to convert an existing barn on site into a two-bedroom dwelling, enhancing its appeal as an investment or multi-generational living space. Fernhill is conveniently located just two miles from Great Torrington, providing easy access to local amenities and scenic walking paths, including the Tarka Trail. This rare find merges rural tranquillity with potential for growth, making it especially appealing for families, equestrian enthusiasts, or those looking to establish a sustainable lifestyle in the heart of Devon.

Investment Analysis

(EX38 area)

Above Market Value

This property is priced +32.7% above area average per sq ft

+32.7%
This Property
£356/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£65,000 - £100,000
Target Value
£746,089
10% above area average per sq ft
Potential ROI
-25.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -14.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +0.7%
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

St. Giles, Torrington, Devon, EX38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,211
Based on a loan of £675,000 over 30 years at 3.97% 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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