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East Down, Barnstaple

South West

£895,000
Listed on 29/01/2026

Property Details

Bedrooms
2
Type
Detached
Area
1846 sqft

Description

This distinctive two-bedroom barn conversion, dating back to around 1700 and thoughtfully updated in 2000, offers a rare opportunity for those looking to invest in a property rich with potential. Nestled within 1.7 acres of scenic land, the property comes with an array of nearby period buildings, including one with planning permission for a linked three-bedroom conversion, which could transform the total bedroom count to five. The tranquil setting near Exmoor presents stunning views and easy access to North Devon's coastline and Barnstaple’s amenities. The main barn features characterful stone elevations complemented by double-glazed oak-framed windows beneath a slate roof. Its interior boasts an inviting reception area with high vaulted ceilings and access to a sun-drenched balcony that overlooks the surrounding landscape. While currently configured as a two-bedroom residence with well-maintained gardens and landscaping, multiple outbuildings present exciting options for ancillary accommodation or workspace conversions (subject to planning). With additional land available for negotiation, this property provides the perfect canvas for further development or personalisation. Whether you envision enhancing it as a grand family home or utilising its space to cater to dual occupancy needs, Ashelford Farm stands out as an enticing investment opportunity for both renovation enthusiasts and those seeking a tranquil lifestyle close to nature.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +51.4% above area average per sq ft

+51.4%
This Property
£485/sq ft
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£650,300
10% above area average per sq ft
Potential ROI
-35.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
33
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.2% over the last 12 months
3 year growth: -5.3%
5 year growth: +10.0%
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

East Down, Barnstaple
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,228
Based on a loan of £671,250 over 30 years at 4.06% 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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