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Ashwater, Beaworthy, Devon, EX21

South West

£400,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This charming stone-fronted property presents an exciting opportunity for renovation, with strong potential to transform it into a spacious four-bedroom bungalow. Tucked away in a serene setting, the home offers picturesque views of the surrounding garden and woodland from the private rear decking. The outdoor space is thoughtfully designed, featuring expansive lawns bordered by mature shrubs and trees. A delightful orchard on one side hosts a variety of fruit-bearing trees, adding to the property's overall appeal. Additionally, the location provides sweeping countryside vistas that enhance its tranquil atmosphere. Currently, planning permission has been submitted under application reference 1/0572/2025/FUL for significant redevelopment. Prospective buyers can find details and associated drawings through the Torridge District Council website. The original single-storey structure was initially converted into a three-bedroom bungalow before it transitioned into a clubhouse with an extension that includes a swimming pool. This history highlights the property’s adaptability and potential for various future uses. The proposed plans envision an open-concept living space that merges the kitchen and dining areas, complete with bi-fold doors that seamlessly connect to the rear deck—ideal for indoor-outdoor living. The design accommodates four spacious double bedrooms at one end of the layout, with the master suite featuring an ensuite bathroom and direct access to outdoor spaces. Additional features in the plans include a dedicated study, utility room, and boot room, catering to modern living needs. It is important for potential investors to be aware that development may be subject to a Community Infrastructure Levy based on existing floor space calculations. Buyers should undertake their due diligence regarding any financial obligations prior to purchase. Mains water and electricity are already connected to the property, which is offered on a freehold basis. While energy efficiency ratings are pending verification, and council tax banding is classified as Band A, this property remains rich with potential for those seeking an investment opportunity or a unique residence.

Investment Analysis

(EX21 area)
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
5
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX21)

Area prices are stable by +0.2% over the last 12 months
3 year growth: -14.2%
5 year growth: 3.1%
Investment Disclaimer: Analysis based on EX21 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

Ashwater, Beaworthy, Devon, EX21
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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