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Morchard Bishop

South West

£895,000
Listed on 19/03/2026

Property Details

Bedrooms
5
Type
Semi Detached
Area
2490 sqft

Description

This striking barn conversion offers an expansive living space of 2,490 square feet situated on nearly 14 acres of lush pasture and woodland. With five bedrooms and two bathrooms, this property showcases a harmonious blend of contemporary design and traditional barn features, highlighted by oak structural timbers and large windows that flood the interiors with natural light. The property includes a detached barn with planning permission for conversion into additional living space or an annex, presenting a prime opportunity for multi-generational living or rental potential. Located in the serene surroundings of Mid Devon, about 2.5 miles from Morchard Bishop, this home is well-connected with local amenities including shops, schools, and healthcare. The substantial grounds feature structured gardens, a sun terrace, and mature woodlands offering excellent recreational paths. The interior layout encourages open-plan living, with a spacious dining area that flows seamlessly into the living room. The first floor hosts five light-filled bedrooms; the master suite includes an en-suite bathroom that connects to bedroom four for added versatility. Given its overall condition and existing features, this property presents considerable renovation potential while allowing for immediate enjoyment of its character-rich spaces.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +19.9% above area average per sq ft

+19.9%
This Property
£359/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£820,878
10% above area average per sq ft
Potential ROI
-17.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -5.1% over the last 12 months
3 year growth: -13.6%
5 year growth: +5.2%
Investment Disclaimer: Analysis based on EX17 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

Morchard Bishop
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,193
Based on a loan of £671,250 over 30 years at 3.97% 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.

Stamp Duty Calculator

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