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Bratton Fleming, Barnstaple

South West

£325,000

Listed on 19/02/2026

Property Details

Bedrooms
3
Type
Detached
Area
1076 sqft

Description

This impressive stone barn, set among 3.6 acres of lush garden and pasture, presents a fantastic opportunity for those looking to invest in a renovation project in the picturesque South West. With planning consent already granted for its conversion into a spacious three-bedroom dwelling, the barn offers a unique canvas for creating a bespoke home aligned with modern living while enjoying the charm of its rustic heritage. The interior features original cobbled flooring on the ground floor and some timber framing which lends character but will require thoughtful refurbishment to meet contemporary standards. The expansive views down into the valley offer not only serenity but potential value addition once transformed into a residential property. Located on the edge of Exmoor National Park, this site combines tranquility with accessibility, as it sits close to local villages and within reach of larger towns like Barnstaple and South Molton for comprehensive amenities. Outdoor enthusiasts will appreciate the recreational opportunities that abound in the area, making this a desirable location for both living and leisure. Current groundwork has laid an excellent foundation for future development; two boreholes have been installed for water supply, alongside plans for an innovative off-grid power solution involving solar energy. Various arrangements are already underway to ensure proper waste management through compliant systems. Engaging local professionals who understand the building's history and structure could greatly enhance restoration efforts and streamline compliance processes. This project promises significant returns on investment with careful planning and execution.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -6.3% below area average per sq ft

-6.3%
Potential saving
This Property
£302/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£381,474
10% above area average per sq ft
Potential ROI
-14.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX31)

Area prices are stable by -1.5% over the last 12 months
3 year growth: -6.5%
5 year growth: +7.4%
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

Bratton Fleming, Barnstaple
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,159
Based on a loan of £243,750 over 30 years at 3.97% 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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