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Blagdon Water, Holsworthy, Devon, EX22

South West

£150,000
Listed on 10/11/2025

Property Details

Bedrooms
2
Type
Detached house
Area
303 sqft

Description

This distinctive wide beam barge, known as "Swallowtail," presents an exceptional opportunity for those looking to invest in a unique property on Blagdon Water. Moored within a picturesque setting, this barge offers not only the tranquility of lakeside living but also the potential for renovation and development. Constructed in 2006 by Morvoren Sea Craft, this spacious vessel features a steel hull that provides durability and longevity, making it a practical choice for year-round enjoyment. The interior layout includes two bedrooms, each equipped with en-suite shower facilities, allowing for comfortable accommodation. The open-plan kitchen, dining, and living area is bright and airy, enhanced by natural light from large windows overlooking the serene waters. The surrounding environment is rich in natural beauty, with approximately 1.75 acres of unspoiled land that encompasses wildflowers and wooded areas. This setting not only serves as a peaceful retreat but also holds investment potential given its existing holiday let restrictions. Additionally, possibilities for change of use may be explored subject to obtaining necessary planning permissions. Outside, a small jetty provides convenient access to the water while a boathouse offers ample storage or entertaining space. The landscaped grounds include a BBQ area and designated parking for multiple vehicles. The property benefits from mains water supply and electricity along with bottled gas for cooking needs. The shared maintenance of the access road and septic system creates an inviting community atmosphere among fellow property owners. Swallowtail represents not just a unique residence but also an opportunity to engage with nature while considering future enhancements or rental options. Whether you're seeking a peaceful getaway or an investment venture in the heart of Devon's countryside, this barge offers a rare combination of features and possibilities.

Investment Analysis

(EX22 area)

Above Market Value

This property is priced +64.4% above area average per sq ft

+64.4%
This Property
£495/sq ft
Area Average
£301/sq ft
Avg Rent (weekly)
£212
Avg Yield
2.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£100,373
10% above area average per sq ft
Potential ROI
-45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX22)

Area prices are stable by +1.3% over the last 12 months
3 year growth: -12.8%
5 year growth: 4.2%
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.

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Location

Blagdon Water, Holsworthy, Devon, EX22
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