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Yelland, Barnstaple

South West

£250,000
Listed on 05/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1830 sqft

Description

This property presents a unique opportunity for those with a vision for renovation and investment. The main structure is a charming period farmhouse featuring four bedrooms, which requires complete refurbishment. This residence offers ample living space across several reception areas, including a sitting room and dining room, alongside a kitchen and utility area. Complementing the interior, there are convenient outdoor features such as off-road parking and a garden at the rear, providing potential for an inviting outdoor space once revitalized. Additionally, included in this offering is a derelict barn that has received planning permission for conversion into a three-bedroom home, complete with a double garage and garden area. This presents an exciting possibility for further development or as an investment project, allowing you to maximize the use of the land. Situated off a quiet no-through lane, these properties are conveniently located between Barnstaple and Bideford—two significant towns within North Devon—making it easy to access amenities and services. The nearby Tarka Trail offers picturesque walking and cycling routes along the estuaries of the Rivers Taw and Torridge, ideal for outdoor enthusiasts. Just over a mile away lies Instow village, known for its lovely beach and vibrant community of restaurants, pubs, and cafes. Fremington provides essential local services including shops like Boots and Co-op, medical facilities, pubs, dining options such as Chinese takeout, and regular bus connections—ensuring that daily conveniences are within reach. Given the character of the main farmhouse combined with the potential of the barn conversion—alongside its attractive location—the property stands out as an excellent opportunity for buyers looking to invest in renovation projects or to create bespoke living spaces tailored to modern needs.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -57.7% below area average per sq ft

-57.7%
Potential saving
This Property
£137/sq ft
Area Average
£323/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£650,803
10% above area average per sq ft
Potential ROI
+30.2%
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

Yelland, Barnstaple
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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
£916
Based on a loan of £187,500 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