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Halezy Farm House, Grampound Road, TR2

South West

£1,250,000
Listed on 01/04/2026

Property Details

Bedrooms
12
Type
Farm House
Area
5753 sqft

Description

Set in a picturesque rural valley and accessible via a private drive, this expansive farmhouse presents an outstanding opportunity for both personal living and investment. The property encompasses over 3,000 sq ft, combining original period features with modern extensions, adaptable for a range of family needs and possible further expansion. Additionally, it includes three self-contained apartments—two 2-bedroom units and one 3-bedroom unit—providing income potential through rentals or holiday lets, currently generating an approximate annual income of £25,000. Each apartment boasts its own entrance and well-designed living spaces. The extensive outbuildings include a stable block for equestrian enthusiasts, workshop areas, and versatile structures that could serve various purposes from workshops to leisure spaces. Set within 10 acres of land, the property features multiple gardens and paddocks, enhancing its appeal for agricultural or smallholding pursuits. The farmhouse interior showcases charming elements like thick stone walls and inglenook fireplaces while offering modern amenities such as a spacious kitchen with integrated appliances and multiple reception rooms suited for both entertaining and relaxed family life. The generous bedrooms provide ample natural light with picturesque countryside views. This tranquil setting not only promises a serene lifestyle but also offers significant scope for renovation or development to maximize its potential.

Investment Analysis

(TR2 area)

Below Market Value

This property is priced -42.9% below area average per sq ft

-42.9%
Potential saving
This Property
£217/sq ft
Area Average
£380/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£2,406,652
10% above area average per sq ft
Potential ROI
+60.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
9
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (TR2)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -4.0%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on TR2 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

Halezy Farm House, Grampound Road, TR2
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,427
Based on a loan of £937,500 over 30 years at 3.91% 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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