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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 features two bedrooms and is set within an expansive 11.96 acres, with the potential to acquire an additional 11.49 acres nearby. The property includes a group of historic buildings, one of which has received planning permission for a linked three-bedroom extension, allowing for the possibility of a five-bedroom family residence. Nestled in a peaceful hamlet with spectacular views towards Exmoor, this property combines charm with significant renovation prospects. Currently offering period character and modern amenities, the main residence showcases stone elevations and oak framed double-glazing beneath a slate roof. The open-plan first floor boasts a grand reception area with high vaulted ceilings and direct access to a sunlit balcony overlooking the grounds. The barn’s ground floor accommodates two spacious bedrooms, including a master suite with an ensuite and garden room. Additional outbuildings serve various functions, such as an office or laundry space, with opportunities to adapt them into further living accommodation (subject to planning). The beautifully landscaped gardens feature diverse plant life and a spring-fed pond, complemented by practical storage facilities and ample parking. For those seeking to develop their ideal home, planning permission allows for customized reconfigurations of both the existing barn and the adjacent buildings, offering considerable investment potential in this desirable rural area. With easy access to local amenities and stunning natural landscapes just minutes away, Ashelford Farm presents an exceptional opportunity for buyers looking to create their own 'Grand Design'.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +67.0% above area average per sq ft

+67.0%
This Property
£539/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£655,275
10% above area average per sq ft
Potential ROI
-41.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX31)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -5.5%
5 year growth: +9.0%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,524
Based on a loan of £746,250 over 30 years at 3.91% 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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