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Bonfire Hill, Black Torrington, Beaworthy, Devon, EX21

South West

£1,015,000
Listed on 20/11/2025

Property Details

Bedrooms
6
Type
Detached
Area
2081 sqft

Description

Upcott Farm has a rich history as a retreat center and glampsite, presenting multiple avenues for income generation in a scenic Devon countryside setting. With family ownership spanning three generations, this property is on the market with significant scope for modernization and expansion of its existing business operations. Accessed via a gated entry and sweeping driveway, the complex includes a farmhouse surrounded by various auxiliary accommodations, ideal for enhancing the current offerings. The farmhouse features a Mediterranean-style courtyard and boasts character-filled spaces such as a cozy sitting room with a granite fireplace, an expansive reception hall, and a well-equipped kitchen that could benefit from further updates. There are also versatile rooms that can serve as play areas or additional bedrooms, alongside utility facilities catering to visitors. The first floor accommodates three bedrooms and offers potential to enhance these spaces further. The site includes an artist's annexe, unique geodome structure named Xanadu, two mobile homes configured for living space, and ample storage options across various workshops and garages. The agricultural building spans over 10,000 square feet and presents excellent prospects for development (subject to planning). Additionally, extensive outdoor grounds include formal gardens and woodland areas perfect for leisure or further business endeavors. This property not only provides immediate income through its current use but also embodies great investment potential through refurbishment and expansion in this tranquil yet appealing location.

Investment Analysis

(EX21 area)

Above Market Value

This property is priced +64.4% above area average per sq ft

+64.4%
This Property
£488/sq ft
Area Average
£297/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£120,000 - £180,000
Target Value
£679,290
10% above area average per sq ft
Potential ROI
-43.2%
After renovation
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
24%
Properties sold annually

Local Market Trend (EX21)

Area prices are rising by +6.9% over the last 12 months
3 year growth: -18.0%
5 year growth: -1.7%
Investment Disclaimer: Analysis based on EX21 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

Bonfire Hill, Black Torrington, Beaworthy, Devon, EX21
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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
£3,661
Based on a loan of £761,250 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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