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Coldridge, Crediton, Devon

South West

£400,000
Listed on 17/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1247 sqft

Description

Set in a serene rural landscape, this three-bedroom barn conversion seamlessly combines historic charm with modern living. Spanning approximately 0.27 acres, the property includes a spacious courtyard garden, a sizable outbuilding, and a small paddock, presenting various possibilities for enhancement and development (pending appropriate permissions). The interior of the home showcases thoughtful renovations that retain key original features such as exposed timber beams and an impressive inglenook fireplace. The expansive living room serves as a focal point for family gatherings, complete with a cozy wood-burning stove and French doors opening to the courtyard—ideal for outdoor relaxation or entertaining. On the ground floor, you will find a well-designed layout featuring an entryway with built-in storage, a functional kitchen/diner equipped with ample cabinetry and countertop space, along with a utility room and cloakroom/WC. This arrangement not only promotes fluidity between spaces but also delivers practical functionality for day-to-day life. The upper level comprises three bedrooms and two bathrooms. The principal bedroom is particularly spacious, accommodating various furniture arrangements while the other two bedrooms offer versatility for use as children's rooms, guest accommodations, or home offices. A family bathroom and en suite shower room add convenience to the living arrangements. Outside, the property stands out with its manageable courtyard garden perfect for unwinding in privacy. The substantial outbuilding offers exciting investment potential; it could be transformed into ancillary living space, a dedicated workspace, or even a creative studio (subject to relevant permissions). Additionally, the small paddock provides opportunities for keeping animals or cultivating crops while enjoying stunning views of the surrounding countryside. Located within reach of local villages and market towns like Crediton and Winkleigh, this barn conversion strikes an appealing balance between tranquil rural life and accessibility to essential amenities. For those seeking an adaptable property—whether as a permanent residence or weekend getaway—this listing offers considerable potential to further enhance its value. Coldridge village itself is known for its picturesque setting amidst rolling farmland and welcoming community vibe. It provides residents with peaceful surroundings coupled with easy access to local amenities. For more extensive services including shops and schools from infant through sixth form levels, Okehampton is just a short drive away. This town also boasts convenient connections via the A30 dual carriageway leading directly to Exeter’s vibrant city offerings—including dining options, rail links, and international air travel—making this property not only an inviting home but also a promising investment opportunity in an attractive location.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +5.7% above area average per sq ft

+5.7%
This Property
£321/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£416,174
10% above area average per sq ft
Potential ROI
-3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,465
Based on a loan of £300,000 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