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East Down, Barnstaple

South West

£795,000
Listed on 24/01/2026

Property Details

Bedrooms
5
Type
Detached house
Area
2081 sqft

Description

This distinctive detached country residence offers significant renovation and investment potential, situated in an idyllic rural setting with stunning views towards Exmoor. The property features a variety of outbuildings, including stables and a potential self-contained annexe, all set within approximately 4.82 acres of land. Conveniently located just a short drive from Barnstaple and the North Devon Link road, it benefits from easy access to local amenities and transport links including the M5. The period stone farmhouse retains many original features but requires updating throughout, providing a unique opportunity to modernize while preserving its rustic charm. The versatile layout includes spacious living areas, multiple bedrooms with en-suites, and an inviting country kitchen with characterful elements like an antique water pump. There are ample opportunities for equestrian endeavors given the surrounding fields and local lanes suited for riding. Completing the offering are extensive gardens, parking provisions including a double garage and triple carport, alongside further useful workshops and stable blocks. This no-chain sale presents a prime chance for those looking to invest in a property that can be tailored to personal tastes while capitalizing on its existing features.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£382/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£736,403
10% above area average per sq ft
Potential ROI
-17.7%
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
£2,867
Based on a loan of £596,250 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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