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Cowbridge Sawmill, Timberscombe, Minehead, TA24

South West

£650,000
Listed on 26/03/2026

Property Details

Bedrooms
3
Type
Detached

Description

This property presents a distinctive chance to own a historically significant sawmill, complete with a functional water wheel and an attached three-bedroom residence, nestled on the fringe of a sought-after village in Exmoor. The site boasts ample renovation potential, particularly with the mill structures that could be converted into additional living spaces or commercial units, subject to obtaining the necessary planning permissions. The layout includes an extensive range of outbuildings—a two-storey barn featuring a forge and workshop, plus a studio/museum and a vintage garage from the 1920s. The origins of this mill trace back to the 14th Century when it first produced flour for local consumption. After transitioning to a sawmill in 1904, it served the community for decades until its condition necessitated major renovations by the end of the 20th Century. Since its purchase in derelict condition in 1995, significant restorative work has been undertaken, including a new roof and rebuilt floors, culminating in the elegant restoration of the original water wheel that can power several antique machines. The house itself is arranged over three levels, featuring an entrance porch leading into an inviting hall. The ground floor encompasses a spacious sitting/dining room adorned with natural light through double aspect windows and a woodburner for warmth. The kitchen/breakfast room is well-equipped with modern appliances and offers views of the outdoors as does the adjacent terrace. On the first floor are three bedrooms alongside a shared shower room; the principal bedroom enjoys an en-suite bathroom and dressing area. Additionally, there is a sizeable basement utilized as utility space but could serve as further accommodation or living areas given its external access. The outdoor space features well-maintained gardens primarily laid to lawn with various shrubs and trees, alongside terraces offering picturesque views over surrounding farmland and hills. Access to multiple outbuildings allows for various potential uses—from workshops to galleries—enhancing this property's investment prospects.

Investment Analysis

(TA24 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£212
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
18%
Properties sold annually

Local Market Trend (TA24)

Area prices are stable by -1.4% over the last 12 months
3 year growth: -3.8%
5 year growth: +10.0%
Investment Disclaimer: Analysis based on TA24 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

Cowbridge Sawmill, Timberscombe, Minehead, TA24
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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
£2,344
Based on a loan of £487,500 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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