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Marwood

South West

£597,500
Listed on 30/11/2025

Property Details

Bedrooms
6
Type
Detached house
Area
3318 sqft

Description

This impressive detached period Devon long house stands out with its historical charm and character, nestled along a private lane in a picturesque rural setting. Benefiting from proximity to Barnstaple and the coast, this property offers a unique opportunity for renovation and investment. Featuring six bedrooms, the home can be adapted for dual occupancy, making it suitable for families or as a rental property. The attached barn provides additional potential and could be converted into extra living space with the right planning permissions. While the accommodation retains many original features including rustic beams and stone fireplaces, modern updates are needed to align it with contemporary living standards. Surrounding the house are well-maintained gardens that offer both seclusion and room for enhancement, including a detached stone barn that could also be transformed into various functional spaces. This property is available with no upward chain, allowing for immediate exploration of its full potential.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -44.3% below area average per sq ft

-44.3%
Potential saving
This Property
£180/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,179,980
10% above area average per sq ft
Potential ROI
+71.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by +4.0% over the last 12 months
3 year growth: -5.7%
5 year growth: 10.8%
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 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,189
Based on a loan of £448,125 over 30 years at 4.19% 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE