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Coldridge, Crediton, Devon

South West

£385,000
Listed on 12/10/2025

Property Details

Bedrooms
3
Type
Semi Detached
Area
1247 sqft

Description

Nestled in a serene, rural environment, this appealing three-bedroom barn conversion holds significant renovation and investment potential. The grade II listed property is enhanced by a large outbuilding and a quaint courtyard garden, all within approximately 0.27 acres of land. It presents an attractive opportunity for those desiring country living with room for expansion or development (pending necessary approvals). The home has been adapted thoughtfully to retain its original charm, showcasing features such as exposed timber beams and a striking inglenook fireplace that imbue the living space with character. The expansive living room serves as a central gathering spot, complete with a wood-burning stove and French doors that open onto the courtyard—ideal for outdoor relaxation or entertaining. The ground floor also includes a functional hallway with built-in storage, a kitchen/diner fitted with ample cabinetry and workspace, along with a utility room and cloakroom/WC, promoting a practical flow throughout the home. On the upper level, three well-sized bedrooms are complemented by two bathrooms. The principal bedroom offers generous proportions suitable for various furnishings while the additional bedrooms provide flexibility for guests or work-from-home arrangements. A family bathroom and an en-suite shower room bring further convenience. The outdoor space enhances this property’s appeal, featuring an easily maintained courtyard garden perfect for leisure time. Additionally, the substantial outbuilding offers promising possibilities for conversion into extra living space like an office or studio (subject to local regulations). The small paddock adds charm—ideal for minimal livestock or gardening enthusiasts. Situated near Coldridge village within Mid Devon's picturesque landscape, this property balances peaceful rural life with accessibility to local amenities in market towns like Crediton and Winkleigh while being conveniently close to Okehampton's comprehensive services and education options. This barn conversion represents not just a comfortable dwelling but also an invitation to develop it further according to your vision.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +3.0% above area average per sq ft

+3.0%
This Property
£309/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£411,098
10% above area average per sq ft
Potential ROI
-11.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -13.6%
5 year growth: +5.2%
Investment Disclaimer: Analysis based on EX17 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

Coldridge, Crediton, Devon
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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
£1,374
Based on a loan of £288,750 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.

Stamp Duty Calculator

Price History

-9.4% since listed
£385,000£15,000(-3.8%)
12/03/2026
Current price
£400,000£25,000(-5.9%)
16/10/2025
£425,000Initial listing
12/10/2025

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