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Muddiford, Barnstaple, Devon, EX31

South West

£795,000
Listed on 29/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4518 sqft

Description

This unique property combines a character residence with a historic former mill and an array of versatile outbuildings, all situated on the outskirts of the charming village of Muddiford. The location offers easy access to Barnstaple, Exmoor National Park, and the scenic North Devon coastline, making it an attractive option for investment opportunities. Given its extensive grounds of approximately 4.6 acres, there is significant potential for various commercial ventures such as a holiday accommodation complex, wedding venue, or even a glamping site (subject to planning permissions). The property features a Grade II Listed former mill, dating back to the 1600s, with spacious living areas and multiple bedrooms suitable for family living or conversion into rental spaces. The main house contains two reception rooms and six bedrooms across three floors, supplemented by Riverside Cottage—a successful holiday let that could be expanded further with some renovation. Additionally, the outbuildings provide considerable flexibility; currently used as workshops and offices for a trout farm business, they offer potential for repurposing as event spaces or additional accommodation if desired. The picturesque gardens and paddocks bordering Colam Stream enhance the tranquil setting while providing ample outdoor space for various recreational uses. This property's combination of historical charm and modern investment opportunity makes it a compelling choice for discerning buyers.

Investment Analysis

(EX31 area)

Below Market Value

This property is priced -45.6% below area average per sq ft

-45.6%
Potential saving
This Property
£176/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,606,736
10% above area average per sq ft
Potential ROI
+70.0%
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

Muddiford, Barnstaple, Devon, EX31
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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
£2,912
Based on a loan of £596,250 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