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Raleigh Road, Barnstaple

South West

£1,050,000
Listed on 04/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2634 sqft

Description

This impressive detached barn conversion is situated on a generous 2.9 acres of gardens and pastureland, offering a wealth of potential for further development. Located on a quiet no-through lane on the outskirts of Barnstaple, this property boasts ample parking, a double garage, workshop space, stables, and various outbuildings that could be repurposed to create additional living accommodations subject to planning permission. The home features 4 to 5 bedrooms and versatile reception spaces that can easily adapt to modern family needs. The barn conversion dates back to 1996 with an additional two-storey extension added more recently, combining traditional aesthetics with contemporary comforts. Inside, the layout is both spacious and functional, featuring flagstone flooring and exposed beams throughout. The open-plan kitchen/dining/living area includes high-quality fixtures such as a double Belfast sink and an AGA stove. Outside, the expansive terrace and outdoor kitchen provide an excellent space for entertaining. For those looking to invest or renovate, there are numerous possibilities here; the outbuildings present attractive options for conversion into an annexe or holiday let. The surrounding area offers easy access to public footpaths leading into beautiful countryside, while still being conveniently located under half a mile from Barnstaple town centre with its commercial amenities.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +23.9% above area average per sq ft

+23.9%
This Property
£399/sq ft
Area Average
£322/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£932,094
10% above area average per sq ft
Potential ROI
-18.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -5.3%
5 year growth: +11.3%
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

Raleigh Road, 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
£3,787
Based on a loan of £787,500 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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