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Bradworthy, Holsworthy

South West

£375,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
1368 sqft

Description

This workshop building represents a unique investment opportunity, featuring planning permission for the conversion into three residential units. Set within a generous yard in a desirable rural area, it is located on the outskirts of the charming village of Bradworthy, near the Cornish border. Positioned approximately 8.1 miles north of Holsworthy and about 12 miles east of Bude, this property strikes an ideal balance between rural tranquility and convenient accessibility to local amenities and coastal attractions. The structure itself is a substantial, modern steel-framed building covered with olive green profiled metal cladding and topped with a pitched roof. Its considerable internal space measures around 1,625 square feet, offering an open-plan layout that lends itself well to creative renovation ideas. The building features large double access doors at the front and a secure side door, providing flexibility for design and use. The surrounding yard spans roughly 1.53 acres and is primarily composed of compacted gravel with level ground, making it suitable for various commercial or industrial applications as well. Mature trees along the borders create a natural privacy screen while enhancing the serene atmosphere of the site. With full planning permission secured for transforming this space into three thoughtfully designed two-story homes—each comprising three bedrooms along with ample living and dining areas—this property holds significant potential for developers or investors interested in capitalizing on the local housing market. Importantly, the site also has future development opportunities subject to obtaining necessary approvals. While mains services such as electricity and water are nearby, prospective purchasers will need to inquire about their connections. Overall, this workshop building presents an excellent chance to invest in a project within an appealing North Devon location that combines both renovation potential and community charm.

Investment Analysis

(EX22 area)

Below Market Value

This property is priced -9.7% below area average per sq ft

-9.7%
Potential saving
This Property
£274/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£456,782
10% above area average per sq ft
Potential ROI
-26.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX22)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -15.9%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on EX22 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

Bradworthy, Holsworthy
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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
£1,374
Based on a loan of £281,250 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