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Templeton, Tiverton, Devon, EX16

South West

£995,000
Listed on 14/02/2026

Property Details

Bedrooms
8
Type
Detached house
Area
5242 sqft

Description

This remarkable Grade II listed thatched longhouse in Mid Devon offers a unique investment opportunity with its extensive grounds and multiple structures ripe for renovation. Set within approximately three acres of picturesque gardens, paddocks, and woodlands, the property features a primary longhouse filled with period details such as oak panelling and exposed stonework. In addition to the main residence, there is a self-contained two-bedroom annexe perfect for guests or rental potential, alongside several traditional stone barns presenting significant conversion possibilities, subject to planning permissions. The expansive outdoor space enhances the property's appeal for those looking to create additional living areas or leisure facilities. This charming setting balances historical character with modern investment potential in a tranquil rural environment.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -35.0% below area average per sq ft

-35.0%
Potential saving
This Property
£190/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,684,884
10% above area average per sq ft
Potential ROI
+35.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
35%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -12.0%
5 year growth: +0.2%
Investment Disclaimer: Analysis based on EX16 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

Templeton, Tiverton, Devon, EX16
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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
£3,589
Based on a loan of £746,250 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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