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Ashwater, Beaworthy, West Devon

South West

£900,000
Listed on 25/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
4339 sqft

Description

Nestled within the serene hamlet of Ashwater, this historic farmhouse offers a unique opportunity for renovation and investment. The Old Farmhouse boasts a blend of traditional charm and modern amenities, featuring original beams and cob walls that exude character while enhancing energy efficiency. With four versatile reception areas, including a sunlit sunroom and an inviting sitting room with an inglenook fireplace, this property presents ample potential for reconfiguration to match evolving lifestyle needs. The expansive kitchen is already fitted to a high specification, complete with sleek appliances and remote-controlled windows. However, further enhancements could elevate its appeal even more. The upstairs accommodation includes four generously sized bedrooms, each with access to modern en-suite facilities, which could be adjusted or expanded to create even more flexible living arrangements. The grounds encompass over 1.25 acres, featuring established gardens and multiple outbuildings that offer exciting possibilities for conversion into ancillary accommodation or home offices—subject to planning permissions—making this property not just a home but also a potential income-generating opportunity. Given the existing structures' adaptable nature and the local amenity offerings, The Old Farmhouse represents an attractive proposition for those looking to invest in a rural lifestyle while retaining substantial renovation potential.

Investment Analysis

(EX21 area)

Below Market Value

This property is priced -30.1% below area average per sq ft

-30.1%
Potential saving
This Property
£207/sq ft
Area Average
£297/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £130,000
Target Value
£1,416,358
10% above area average per sq ft
Potential ROI
+37.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Ashwater, Beaworthy, West Devon
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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
£3,246
Based on a loan of £675,000 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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