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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 distinctive detached barn conversion offers a unique opportunity for renovation and customization on a substantial 23.49-acre estate. The property features two bedrooms and retains charming period characteristics, having undergone conversion around the year 2000. Additionally, there is planning permission in place to extend with a linked three-bedroom wing from an adjacent barn, enhancing its potential as a family residence or investment property. Nestled in a peaceful hamlet, this home provides splendid views of Exmoor and is conveniently located near Barnstaple and access routes to the North Devon coastline. The main barn's interior showcases a spacious reception kitchen area with high vaulted ceilings and direct access to a south-facing sun balcony, perfect for capturing expansive rural views. The ground floor contains well-appointed bedrooms, including an ensuite master bedroom that connects to a garden room. Beyond the main residence, several outbuildings are poised for adaptation; current usage includes an office and laundry room with existing plumbing that could be transformed into additional living quarters (subject to planning). There’s also scope for further development of the landscape and gardens that have been lovingly maintained. The location offers ample opportunity for outdoor activities and connection with nature while remaining accessible to amenities in Barnstaple. Overall, this property presents a blank canvas for buyers looking to create their ideal rural retreat or investment property while benefiting from significant already approved extensions.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +93.6% above area average per sq ft

+93.6%
This Property
£623/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£653,244
10% above area average per sq ft
Potential ROI
-49.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +11.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,148
Based on a loan of £862,500 over 30 years at 4.06% 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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