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Tibridge Farm, Tibridge Farm, Lewdown, Devon

South West

£1,950,000
Listed on 01/07/2025

Property Details

Bedrooms
4
Type
Barn Conversion
Area
7381 sqft

Description

This expansive four-bedroom residence in Devon, originally transformed by notable industrial designer Sir Kenneth Grange, presents a unique opportunity for renovation and investment. Covering over 3,000 sq ft, the property features an upside-down layout that maximises the stunning views from the upper level, where light floods through triple-aspect windows into interconnected living spaces characterised by exposed stone walls and oak finishes. The architectural details like the dramatic pitched roof and bespoke joinery offer a canvas for modern updates while retaining historical charm. Set within approximately 37 acres of varied grounds—including gardens, pasture, and woodland—this property is not only a spacious home but also comes with several potential outbuildings. These include Grange's preserved workshop/studio and a re-roofed original farmhouse which could be further developed, making it an appealing prospect for those looking to invest in additional living spaces or creative studios. The interior boasts generous bedrooms featuring bespoke storage solutions and unique bathroom designs created by Grange himself. While the existing layout provides comfort and character, there is ample scope to refresh the kitchen and bathrooms or even extend into the well-designed outdoor areas that feature cultivated gardens and a greenhouse. Located in a tranquil area near Dartmoor National Park, with amenities nearby in Lewdown as well as access to larger towns like Exeter and Plymouth, this property balances rural serenity with practical convenience. With thoughtful renovations, Tibridge Farm has the potential to become a striking family home or an exceptional rental investment.

Investment Analysis

(EX20 area)

Below Market Value

This property is priced -8.1% below area average per sq ft

-8.1%
Potential saving
This Property
£264/sq ft
Area Average
£288/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£2,334,241
10% above area average per sq ft
Potential ROI
+11.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -5.8% over the last 12 months
3 year growth: +1.3%
5 year growth: +7.0%
Investment Disclaimer: Analysis based on EX20 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

Tibridge Farm, Tibridge Farm, Lewdown, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£6,907
Based on a loan of £1,462,500 over 30 years at 3.91% 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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