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Marwood

South West

£597,500
Listed on 29/12/2025

Property Details

Bedrooms
6
Type
Detached
Area
3318 sqft

Description

This substantial detached period long house, set in the idyllic countryside of Devon, offers a unique opportunity for renovation and investment. Positioned on a quiet no-through lane, the property provides ample privacy while maintaining convenient access to Barnstaple and the North Devon coast. With six bedrooms, this versatile home can easily adapt to dual living arrangements or generate rental income, making it an appealing option for investors. The attached barn presents additional potential for conversion into accommodation or workshops, subject to planning permissions, enhancing its value further. The character of the home is accentuated by a blend of historic features and modern amenities, although some areas would benefit from updating to maximize comfort and utility. The well-maintained gardens offer a tranquil outdoor space but could also be reimagined with landscaping or extensions. The property is steeped in charm and has been used as a second home; it's sold with no upward chain and offers much of its contents available through separate negotiation. With local amenities nearby and easy transport links to larger towns and cities, this property not only offers peaceful living but also significant potential for capital growth through thoughtful renovations.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -44.2% below area average per sq ft

-44.2%
Potential saving
This Property
£180/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£1,177,790
10% above area average per sq ft
Potential ROI
+73.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX31)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -5.5%
5 year growth: +9.0%
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

Marwood
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,116
Based on a loan of £448,125 over 30 years at 3.91% 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.

Stamp Duty Calculator

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