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Yeo Vale, Bideford

South West

£1,500,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
4456 sqft

Description

Dating back to the 17th century, this converted former watermill offers a unique opportunity for renovation and investment in one of North Devon's picturesque locales. The property includes the original mill structure, a transformed cottage housing a sizable indoor pool, as well as two large detached barns, all nestled within over 11 acres of beautifully maintained gardens and natural landscapes. While the home has been extended to provide ample family space combined with charming character elements, there remains significant potential for further enhancement or reconfiguration. The interior features include a grand entrance hall, a vaulted living area with a wood burner, and multiple spacious bedrooms alongside versatile spaces such as an office that could serve as an additional bedroom. The kitchen is equipped with high-end appliances, but could benefit from modern updates that align with current design trends. A standout element is the detached pool house that not only serves as a leisure facility but also holds the potential for conversion into separate holiday accommodations or additional living quarters—subject to planning permissions. The expansive grounds present a mix of well-established gardens and wild areas ideal for nature activities or recreation. Traditional features like the old waterwheel juxtaposed against contemporary conveniences like solar panels offer intriguing possibilities for eco-friendly renovations. This property represents more than just a residence; it's an investment opportunity ripe for development in an area known for its natural beauty and tranquility.

Investment Analysis

(EX39 area)

Above Market Value

This property is priced +9.4% above area average per sq ft

+9.4%
This Property
£337/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,508,712
10% above area average per sq ft
Potential ROI
-13.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -13.9%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on EX39 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

Yeo Vale, Bideford
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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
£5,410
Based on a loan of £1,125,000 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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