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Bolham, Tiverton, Devon, EX16

South West

£550,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1232 sqft

Description

This Grade II Listed property presents a remarkable refurbishment opportunity in the desirable Mid Devon village. Formerly part of the historic Knightshayes Estate, Ivy Cottage features a three-bedroom main residence alongside a one-bedroom converted barn and additional traditional barns that hold significant potential for conversion, pending necessary planning permissions. The main house retains its historical charm with spacious living areas, including a generous sitting room with an elegant arched window and marble fireplace. The kitchen, while functional, could benefit from modernization to enhance its appeal. Upstairs, the bedrooms are well-sized and offer scenic views; however, some updates are advisable to meet contemporary standards. The separate barn offers a self-contained one-bedroom living space currently under tenancy, providing immediate income potential while you plan renovations. Outside, the property boasts extensive gardens and parking facilities as well as two distinct access points leading to various outbuildings, which can be transformed into additional living accommodation or leisure spaces with proper consent. Overall, this property is steeped in character and history while offering a canvas for modern renovation projects that could increase both its value and utility as either a family home or an investment.

Investment Analysis

(EX16 area)

Above Market Value

This property is priced +53.4% above area average per sq ft

+53.4%
This Property
£446/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£394,499
10% above area average per sq ft
Potential ROI
-41.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.2%
Investment Disclaimer: Analysis based on EX16 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

Bolham, Tiverton, Devon, EX16
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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
£2,015
Based on a loan of £412,500 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.

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