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East Down, Barnstaple

South West

£995,000

Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached
Area
1846 sqft

Description

This distinctive detached barn conversion, originally crafted around 1700 and thoughtfully renovated in 2000, stands as an exceptional renovation opportunity nestled within 11.96 acres of scenic land. Offering a two-bedroom layout with period charm, the property features double glazed oak windows and a stunning slate roof, maintaining its rustic character while providing modern comforts. The sale includes planning permission for a linked three-bedroom extension via an adjacent period barn, creating potential for a five-bedroom family residence. Ashelford Farm is strategically situated in a serene hamlet away from bustling roads, yet remains conveniently accessible to Barnstaple and the breathtaking North Devon coastline—a mere 15-20 minute drive. This idyllic setting is enhanced by magnificent views over Exmoor and well-preserved gardens that complement its pastoral surroundings. The existing outbuildings present further possibilities; currently serving as office space and utility areas, they could be repurposed into additional living accommodations subject to planning approval. This property not only offers the chance to create your own vision but also possesses significant investment potential with ample land available for various uses. Whether you wish to establish a sprawling family home or explore agrarian prospects through local grazing arrangements—this offering combines tranquility with numerous development avenues for discerning buyers eager to project manage their future endeavors.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +68.9% above area average per sq ft

+68.9%
This Property
£539/sq ft
Area Average
£319/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£648,168
10% above area average per sq ft
Potential ROI
-41.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -7.4%
5 year growth: +6.3%
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

East Down, Barnstaple
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,759
Based on a loan of £746,250 over 30 years at 4.45% 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

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