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Welcombe, Bideford, Devon, EX39 - Image 1
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Welcombe, Bideford, Devon, EX39

South West

£250,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This unique barn conversion offers a compelling opportunity for renovation and investment, set against a backdrop of stunning coastal and countryside views from its elevated position. Nestled in the tranquil village of Welcombe, Devon, this property benefits from full planning permission and is located within an Area of Outstanding Natural Beauty (AONB), making it ideal for those seeking a peaceful retreat while remaining within walking distance of one of North Devon's charming villages. The planning permission allows for the transformation of the barn into a two-storey dwelling. The proposed layout includes a spacious open-plan kitchen, living, and dining area that features bifold doors leading to a patio and garden, maximizing the spectacular views across the valley toward the sea. Additionally, there are plans for three double bedrooms on the upper floor, including a master suite with ensuite facilities and a dressing room, alongside a family bathroom and essential utility space. Constructed with a steel frame and wooden cladding, the barn's exterior reflects its rustic charm while offering modern renovation potential. The expansive gravel yard at the front provides ample parking or can be developed into an inviting outdoor space. The land at the rear presents further possibilities for landscaping or creating additional gardens, subject to planning considerations. Planning approval was granted by Torridge District Council (application number 1/0069/2025/FUL dated 13th May 2025) allowing for the conversion from agricultural use to residential living. Further details regarding this permission can be accessed through Torridge District Council's website, providing prospective buyers with insights into what can be achieved on this site. Importantly, while mains electricity and water sources are reportedly nearby, buyers should verify service availability and connection costs independently. Given its desirable location and renovation potential, this barn conversion not only represents an exciting personal project but also serves as an attractive investment opportunity in North Devon’s competitive real estate market.

Investment Analysis

(EX39 area)
Area Average
£300/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
44
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -10.2%
5 year growth: 16.0%
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

Welcombe, Bideford, Devon, EX39
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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
£916
Based on a loan of £187,500 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