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Bratton Fleming, Barnstaple

South West

£950,000
Listed on 14/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1646 sqft

Description

Situated on the edge of Exmoor National Park, this unique detached barn conversion presents a rare opportunity for renovation and investment, set against a backdrop of stunning countryside. The property encompasses approximately 19.47 acres, including several outbuildings that offer substantial potential for various uses, including potential residential development (subject to planning consent). Originally converted in 1982, the barn features period architectural elements that could be revitalized to enhance its charm. The layout consists of three bedrooms with dual access options to facilitate flexible living arrangements. Notably, the property has previously received consent for equestrian purposes, indicating its versatility. The surrounding land includes pasture and a riding arena, making it ideal for horse enthusiasts or hobby farmers. Accessed via a private driveway off a serene no-through lane, this location offers peace while being just a short drive from local amenities in Bratton Fleming and Barnstaple. Although currently operated as an equestrian establishment, the property’s true value lies in its development potential; the existing outbuildings could be repurposed into additional housing units or commercial spaces with appropriate approvals. The main dwelling requires modernization and could benefit from improved heating solutions beyond the existing wood burner setup. This gives discerning buyers an excellent canvas for creating a bespoke residence tailored to modern living standards while retaining its rustic charm.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +78.9% above area average per sq ft

+78.9%
This Property
£577/sq ft
Area Average
£323/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£584,281
10% above area average per sq ft
Potential ROI
-44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX31)

Area prices are stable by -1.8% over the last 12 months
3 year growth: -5.5%
5 year growth: +9.0%
Investment Disclaimer: Analysis based on EX31 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

Bratton Fleming, Barnstaple
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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
£3,365
Based on a loan of £712,500 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.

Stamp Duty Calculator

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