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Templeton, Tiverton, Devon, EX16

South West

£1,100,000
Listed on 29/12/2025

Property Details

Bedrooms
8
Type
Detached house
Area
5242 sqft

Description

This exceptional Grade II listed thatched longhouse in Mid Devon offers significant opportunities for renovation and development. Set on approximately four acres, the property features a primary residence filled with character, including original oak panelling, exposed stonework, and historical fireplaces, alongside an attached two-bedroom annexe. The property also encompasses a range of traditional stone barns which hold considerable potential for conversion to additional living spaces or income-generating holiday let accommodations, subject to planning approvals. The main house boasts spacious accommodation with multiple reception rooms, a well-appointed kitchen/breakfast room with an original Rayburn stove, and six bedrooms that vary in size. Each space showcases period details but may benefit from modern enhancements or updates to maximize comfort and efficiency. Additionally, the large cob barn presents an exciting opportunity for transformation into livable space or further annexing options. With the right vision and investment, this property could evolve into a remarkable multi-generational home or a lucrative rental venture. Surrounded by beautiful gardens and paddocks, the setting is tranquil yet accessible to local amenities and transport links. Given its rural charm and extensive grounds, this property encourages creative renovation ideas that could enhance its value while preserving its unique historical features.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -27.9% below area average per sq ft

-27.9%
Potential saving
This Property
£210/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,678,541
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Templeton, Tiverton, Devon, 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
£4,030
Based on a loan of £825,000 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