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Morebath, Bampton, Tiverton, EX16

South West

£575,000
Listed on 22/10/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2130 sqft

Description

This four-bedroom period farmhouse presents a unique opportunity for renovation and investment, set on approximately three acres of mature gardens, paddock, and woodland. Located just five minutes from Bampton in the picturesque Mid Devon countryside, the property boasts beautiful southern views and a peaceful rural setting with no immediate neighbors. The farmhouse is believed to date back around 350 years and offers spacious accommodation that retains many original features. While it will require some updating, it provides a solid foundation for those looking to create their dream home. Key amenities include oil-fired central heating and double-glazed windows throughout. The large kitchen/breakfast room comes equipped with fitted units and built-in appliances, making it a practical space for modern living. A dual-aspect sitting room showcases a grand inglenook fireplace with an original bread oven and a cozy wood-burning stove, while the adjacent dining room opens onto a south-facing patio that leads to the well-maintained gardens. A conservatory provides an additional vantage point to enjoy views over the fields. The upper level includes three double bedrooms alongside a smaller fourth bedroom that could easily be converted into an en-suite. Outside, the property features a gravelled parking area with easy access to outbuildings and a garage. The established gardens also offer a vegetable plot and greenhouse, catering to those interested in gardening or sustainable living. The adjoining paddock and small copse enhance the potential for outdoor activities or even small-scale agricultural pursuits. Strategically positioned near Morebath village — known for its community spirit — this property is within close proximity to essential amenities available in Bampton and Dulverton. Additionally, Tiverton is just nine miles away, offering broader shopping options and educational facilities such as Blundell's School. Access to major transport routes is convenient with J27 of the M5 just 25 minutes away, as well as Tiverton Parkway's mainline station providing intercity services. The surrounding area is renowned for its natural beauty, with stunning walking trails available nearby and Exmoor National Park within easy reach. This farmhouse not only represents an opportunity for personal customization but also holds significant investment potential given its location and land size. The presence of power lines at the rear of the property should be noted; however, recent upgrades have been made to the outbuildings depicted in photographs. This freehold property benefits from mains electricity and water supply along with septic tank drainage. It falls under Council Tax Band F as assessed by Mid Devon District Council. For further dimensions, please refer to the floor plan provided

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -7.3% below area average per sq ft

-7.3%
Potential saving
This Property
£270/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£40,000 - £70,000
Target Value
£682,047
10% above area average per sq ft
Potential ROI
+5.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.2%
Investment Disclaimer: Analysis based on EX16 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

Morebath, Bampton, Tiverton, EX16
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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
£2,106
Based on a loan of £431,250 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