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North Molton, South Molton, Devon

South West

£1,350,000
Listed on 13/10/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4370 sqft

Description

Nestled in the picturesque North Devon countryside, this expansive farm property presents a unique opportunity for renovation or investment. Located just outside the boundaries of Exmoor National Park and within convenient reach of South Molton, this property spans approximately 22.8 acres and offers diverse features that could be developed further. The main farmhouse, believed to originate from the 15th century, is complemented by late 18th and early 19th-century additions, including a barn and shippon. Character resonates throughout the home with its exposed beams, original flooring, and distinct fireplaces. The spacious reception hall greets visitors and leads into a generous sitting room measuring over 27 feet, complete with a wood-burning stove and a south-facing window that floods the space with natural light. A formal dining room, also featuring an original fireplace with a log burner, pairs well with a snug area for cozy gatherings. The kitchen boasts charming flagstone flooring and traditional farmhouse-style units along with an inglenook fireplace that encloses an integrated range. Additional practical spaces include a utility room equipped for laundry needs and even housing a sauna. The first floor accommodates five bedrooms reached via three separate staircases, adding flexibility to the living arrangement. This layout permits various configurations—ideal for families or guests. The principal bedroom includes built-in storage and an en suite bathroom; another bedroom also benefits from private access and en suite facilities. For those interested in income potential or multi-generational living arrangements, a detached annexe enhances this property's appeal. Modern styling characterizes the annexe's open-plan layout on the ground level, which features a comfortable sitting room alongside the kitchen and dining areas. There’s also a shower room on this level while upstairs offers additional living space that could function as another bedroom. Surrounded by serene grounds laid out around a central paved courtyard, the extensive outbuildings provide excellent versatility for various uses—currently equipped with equestrian facilities including stabling and a sand school measuring 60m x 30m. Notably, planning permission is granted for developing more accommodation within part of these outbuildings to support additional living arrangements or work-from-home opportunities. The surrounding area offers not just tranquility but also access to local amenities in nearby North Molton—including primary schooling and local retail options—and more comprehensive services in South Molton just four miles away. For outdoor enthusiasts, Exmoor National Park beckons with abundant recreational activities including walking, cycling, and equestrian pursuits amid stunning natural landscapes. This property invites buyers seeking both charm and

Investment Analysis

(EX36 area)

Above Market Value

This property is priced +8.6% above area average per sq ft

+8.6%
This Property
£309/sq ft
Area Average
£284/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £150,000
Target Value
£1,367,111
10% above area average per sq ft
Potential ROI
-8.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX36)

Area prices are rising by +4.0% over the last 12 months
3 year growth: -8.1%
5 year growth: 19.8%
Investment Disclaimer: Analysis based on EX36 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

North Molton, South Molton, Devon
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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
£4,945
Based on a loan of £1,012,500 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