Worst House on the Street Logo
North Penhalurick Farm - Image 1
North Penhalurick Farm - Image 2
North Penhalurick Farm - Image 3
North Penhalurick Farm - Image 4
North Penhalurick Farm - Image 5
North Penhalurick Farm - Image 6
North Penhalurick Farm - Image 7
North Penhalurick Farm - Image 8
North Penhalurick Farm - Image 9
North Penhalurick Farm - Image 10
North Penhalurick Farm - Image 11

North Penhalurick Farm

South West

£825,000
Listed on 01/01/2026

Property Details

Bedrooms
5
Type
Detached house

Description

Nestled in a serene rural setting, this property presents substantial investment opportunities. The main residence features four bedrooms, including an en-suite master, and offers a blend of traditional charm with modern amenities such as UPVC double glazing and an oil-fired heating system. Both the lounge and kitchen showcase original features like an Inglenook fireplace that could be restored to enhance their aesthetic appeal. A formal garden area provides outdoor space, while a timber shed offers additional storage options. The appealing one-bedroom holiday let has been well-maintained since its completion in 2016 and includes private outdoor space—ideal for generating supplementary income or converting into a residential annex, subject to planning approval. Furthermore, there is planning permission in place for the conversion and extension of a single-storey barn into a two-bedroom dwelling, adding significant potential for increasing living space or rental income. Set on approximately 7.4 acres of land—some of which consists of valuable wetland and wildlife habitat—the property offers multiple enclosures for various agricultural uses or recreational purposes. With existing outbuildings equipped with power supply, there's also scope for further development or conversion into usable workshop spaces. This unique offering stands out as a versatile investment opportunity in the beautiful South West region.

Investment Analysis

(TR16 area)
Area Average
£318/sq ft
Avg Rent (weekly)
£284
Avg Yield
4.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (TR16)

Area prices are falling by +7.7% over the last 12 months
3 year growth: -15.0%
5 year growth: 15.2%
Investment Disclaimer: Analysis based on TR16 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

North Penhalurick Farm
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,022
Based on a loan of £618,750 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

Explore services to help you with this property purchase.

Need a survey for this property?

Book a professional assessment to identify potential issues and property condition

RICS qualified surveyors

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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