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Horrabridge, Devon

South West

£795,000
Listed on 07/02/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2174 sqft

Description

This charming farmhouse, nestled in a tranquil setting at the periphery of Horrabridge and enveloped by 12.86 acres of lush meadow and pasture, presents a distinctive renovation and investment opportunity. Although the property requires modernization, it boasts a wealth of potential for alteration or extension (subject to planning) to create a bespoke family residence or capitalize on its dual dwelling history for rental income. The property includes two separate entrances and staircases, reflecting its recent use as two independent 2-bedroom homes. Classic period details are present throughout, including sash windows and original fireplaces, while the sizable garage/store offers further possibilities for integration into a comprehensive remodel. The surrounding land features direct river access along the northern boundary, ideal for those seeking an equestrian lifestyle or a smallholding venture. The dilapidated outbuildings could be transformed into functional space with appropriate renovation efforts or even replaced entirely. The location not only provides easy access to local amenities but also enjoys proximity to the stunning Dartmoor landscape, making it appealing for rehabilitation into a peaceful retreat with ample space for outdoor activities. This property is well-positioned for buyers looking to invest in a project that combines lifestyle aspirations with robust redevelopment potential.

Investment Analysis

(PL20 area)

Above Market Value

This property is priced +21.4% above area average per sq ft

+21.4%
This Property
£366/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£720,290
10% above area average per sq ft
Potential ROI
-21.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
61%
Properties sold annually

Local Market Trend (PL20)

Area prices are rising by +12.0% over the last 12 months
3 year growth: +2.1%
5 year growth: +15.0%
Investment Disclaimer: Analysis based on PL20 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

Horrabridge, Devon
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£2,867
Based on a loan of £596,250 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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