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East Down, Barnstaple, Devon, EX31

South West

£1,695,000
Listed on 15/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
4316 sqft

Description

This former Georgian rectory, set within expansive 10.5 acres of private grounds, presents a distinct opportunity for renovation and investment. Nestled at the edge of the East Down village and mere miles from Exmoor National Park, this property offers picturesque rural living while being within reach of local amenities, including the highly regarded Pyne Arms pub just a short walk away. While the main residence has been renovated to a high standard, there remains potential to further enhance its appeal or customize it to fit specific needs. The property includes a separate two-bedroom cottage—ideal as an annexe or rental unit—and also features a spacious detached barn that could be converted for various uses, subject to planning permissions. The enchanting gardens and natural landscape not only provide privacy but also create possibilities for outdoor activities or even agricultural pursuits. With substantial land and existing structures that lend themselves well to modernisation, this property is ripe for both personal use and investment growth. Viewing is highly encouraged to fully appreciate what this unique estate has to offer.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +22.6% above area average per sq ft

+22.6%
This Property
£393/sq ft
Area Average
£320/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,520,419
10% above area average per sq ft
Potential ROI
-17.6%
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, Devon, EX31
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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
£6,113
Based on a loan of £1,271,250 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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