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East Down, Barnstaple

South West

£995,000
Listed on 29/12/2025

Property Details

Bedrooms
2
Type
Detached house
Area
1846 sqft

Description

This remarkable detached barn conversion, originally dating back to around 1700 and skillfully converted in 2000, presents a unique renovation opportunity with significant potential for investment. Nestled within an expansive 11.96 acres—further land available—this property not only offers a blend of period charm and modern comforts but also includes additional buildings that could enhance its residential capacity. The existing structure features stunning stone elevations and double-glazed oak framed windows beneath a slate roof, showcasing character throughout. The current layout includes a spacious reception kitchen on the first floor, boasting high vaulted ceilings and direct access to a south-facing sun balcony that overlooks picturesque views of Exmoor. The ground floor comprises two bedrooms with an ensuite bathroom for the master and an adjacent wet room to the second bedroom. Notably, there is approved planning permission for a linked three-bedroom wing, which would expand the living accommodations to five bedrooms. This flexibility allows future owners the freedom to adapt the layout to their needs or even explore dual occupancy arrangements. Additional outbuildings present versatile opportunities; currently functioning as an office and laundry area, these spaces could be repurposed into additional living quarters pending necessary approvals. Generous parking options and well-maintained gardens enhance the property’s appeal, while surrounding fields offer both bucolic beauty and potential agricultural use. With proximity to local amenities in Barnstaple and easy access to Devon’s stunning coastline and Exmoor National Park, Ashelford Farm is not just a home but a canvas for those looking to create their own unique retreat or investment property in a scenic rural location.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +67.5% above area average per sq ft

+67.5%
This Property
£539/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£653,244
10% above area average per sq ft
Potential ROI
-40.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +2.3% over the last 12 months
3 year growth: -5.3%
5 year growth: 11.3%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,589
Based on a loan of £746,250 over 30 years at 4.06% 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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