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Barn & Land at Lower Barn, Umberleigh

South West

£195,000
Listed on 01/03/2026

Property Details

Bedrooms
2
Type
Detached house

Description

This property presents a notable development prospect with an opportunity to construct a bespoke two-bedroom detached single-storey dwelling, meticulously designed to embrace the stunning, unspoiled views of the Taw Valley. Spanning over 2 acres of gently sloping pasture, the site offers a private gated entrance from a tranquil country lane, ensuring both accessibility and seclusion. Located just 0.2 miles from the B3227 and the village of Umberleigh, with Chittlehampton and South Molton in close proximity, this plot benefits from a vibrant community and essential amenities. Currently, an existing barn is slated for demolition, enabling the new home to be strategically positioned and expanded for optimal vistas. Mains electricity and water are already connected on-site, while the installation of a treatment plant for drainage will be necessary. The site holds planning consent granted in December 2024 for the new dwelling alongside additional infrastructure such as ground-mounted solar arrays. With approximately 114 m² (1,227 sq ft) of proposed living space, future owners will also enjoy retained permitted development rights that could facilitate extensions or additional structures like carports or garages, subject to appropriate consents. This offers significant potential for customization and investment.

Investment Analysis

(EX37 area)
Area Average
£288/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
44%
Properties sold annually

Local Market Trend (EX37)

Area prices are falling by -5.9% over the last 12 months
3 year growth: +11.7%
5 year growth: -11.2%
Investment Disclaimer: Analysis based on EX37 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

Barn & Land at Lower Barn, Umberleigh
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Mortgage Calculator

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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£703
Based on a loan of £146,250 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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