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East Down, Barnstaple

South West

£1,150,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1846 sqft

Description

This is a distinctive offering featuring a charming detached 2-bedroom barn conversion set amidst an impressive 23.49 acres of primarily pastoral land. In addition to the main residence, there exists a collection of period structures, one of which has secured planning permission for the addition of a linked 3-bedroom extension. Nestled in a serene hamlet with stunning views towards Exmoor, this property provides both tranquillity and accessibility, being just a short drive from Barnstaple and the North Devon coastline. The main barn, originally dating back to around 1700 and converted in 2000, retains many period features while incorporating modern upgrades. The open-plan reception area boasts soaring vaulted ceilings and opens onto a spacious south-facing balcony with panoramic views. Below are two well-appointed bedrooms, including one with an en-suite bathroom and an adjoining garden room that could serve multiple purposes. The potential for renovation is significant; aside from converting the permitted outbuilding into additional living space—bringing the total possible bedrooms up to five—there are currently various areas that can be adapted for further accommodation or personal projects. Additional structures on site are ideal for office space or utility needs but could also be developed into further living quarters, subject to planning permissions. With its beautifully landscaped gardens and substantial grounds, this property not only offers a lifestyle but also an opportunity for those looking to create their own bespoke rural retreat or expand upon an existing investment.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +92.7% above area average per sq ft

+92.7%
This Property
£623/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £120,000
Target Value
£656,493
10% above area average per sq ft
Potential ROI
-48.3%
After renovation
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
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 10.8%
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

East Down, Barnstaple
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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
£4,213
Based on a loan of £862,500 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