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Lovacott, Newton Tracey, Barnstaple

South West

£450,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1544 sqft

Description

This distinctive four-bedroom Grade II Listed farmhouse is nestled in a serene no-through country lane in Lovacott, offering a blend of historical charm and significant renovation potential. The property features a classic facade complemented by a well-kept front lawn and convenient private parking. A gated driveway at the rear leads to an impressive detached garage block that includes a workshop and first-floor studio, currently serving as overspill accommodation but ripe for conversion with the right planning permissions. Upon entering, the stone-flagged Entrance Hall sets a warm welcome into the home. The Sitting Room captivates with its original inglenook fireplace, complete with a traditional bread oven and modern wood burner – an ideal gathering space for family and friends. Adjacent to this is the inviting Dining Room, characterized by its large slate-flagged floor and multi-fuel burner – perfect for larger gatherings. The kitchen has been recently updated, striking a balance between modern style and period features, featuring a Belfast sink and ample counter space while providing direct access to the rear garden. The ground floor also benefits from a versatile Utility/Boiler Room and a well-appointed Shower Room adding practicality to everyday living. Moving upstairs, the Main Bedroom enjoys an En-suite Bathroom along with fitted wardrobes, while two additional Bedrooms offer comfortable living spaces. The fourth Bedroom can easily adapt to various family needs, highlighted by potential in the large walk-in cupboard on the landing that could be transformed into an additional bathroom (subject to planning). The outdoor area showcases beautifully landscaped rear gardens, including a semi-circular courtyard that serves as an idyllic spot for outdoor dining or relaxing in peace. With mature plantings and stone paths leading through tranquil spaces, these gardens complement the property's characteristics finely. Additionally, the detached Garage/Workshop offers extensive possibilities for storage or creative use such as hobby space or even as an annexe. Located in this desirable region with countryside footpaths nearby, Lovacott is well-connected with local amenities just minutes away in Newton Tracey. With Barnstaple only 5 miles north presenting further shopping and leisure options alongside easy access to North Devon’s stunning coastline including popular destinations like Instow and Woolacombe, this property provides both character-laden living and exciting investment potential.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -9.0% below area average per sq ft

-9.0%
Potential saving
This Property
£291/sq ft
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£543,913
10% above area average per sq ft
Potential ROI
+2.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -5.3%
5 year growth: +10.0%
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

Lovacott, Newton Tracey, 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
£1,623
Based on a loan of £337,500 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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