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Weare Giffard, North Devon

South West

£550,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1905 sqft

Description

Mill House is a spacious detached residence situated in the charming village of Weare Giffard, conveniently close to Bideford and Torrington. This 4/5-bedroom home, set on a generous plot with expansive countryside views, represents a solid investment opportunity with substantial renovation potential. The property features a sweeping driveway, large garage, and an extensive south-west facing garden of approximately 1/3 acre, offering plenty of outdoor space for families and gardening enthusiasts. There is considerable scope for improvement, particularly with the large cellar that could be transformed into additional living quarters such as a home cinema or gym, or even an annexe for multi-generational living, pending necessary permissions. Inside, while the home is currently well-presented, some areas may benefit from modern updates to enhance functionality and aesthetic appeal. The ground floor includes an inviting hallway leading to a sizable kitchen/diner perfect for family gatherings and entertaining. The lounge/family room opens onto a balcony through bi-fold doors, allowing for seamless indoor-outdoor living during warmer months. Flexibility is key here, with the possibility of adjusting the home office space into an extra bedroom if desired. Upstairs are four double bedrooms which can be refreshed to suit personal tastes. The outside space is equally impressive; it not only features a lawn and established mature trees but also offers possibilities for extensions or new build projects like an additional garage (subject to planning). The location is notable as well; Weare Giffard boasts community amenities and provides easy access to local markets and scenic attractions throughout North Devon. Mill House stands ready to become your next project in this sought-after area.

Investment Analysis

(EX39 area)

Below Market Value

This property is priced -6.2% below area average per sq ft

-6.2%
Potential saving
This Property
£289/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£214
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£644,995
10% above area average per sq ft
Potential ROI
+2.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
45
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -13.9%
5 year growth: +11.4%
Investment Disclaimer: Analysis based on EX39 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

Weare Giffard, North Devon
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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
£1,984
Based on a loan of £412,500 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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