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Stibb Cross, Torrington

South West

£897,500
Listed on 30/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
2401 sqft

Description

This distinctive 5-bedroom barn conversion, set within approximately 5.40 acres, presents a rare investment opportunity in the picturesque South West. Erected in 2020, Red Barn Farm boasts a unique U-shaped design that harmonizes original features like exposed beams and slate sills with spacious modern living areas. The property includes bespoke elements such as custom stained glass windows, enhancing its character while allowing flexibility for various uses—ideal for those considering a home office or gym setup in addition to family accommodations. The western wing is home to the principal suite complete with a sizable bedroom, walk-in wardrobe, en-suite bathroom, and direct access to the gardens through sliding glass doors. The open-plan kitchen features granite worktops and a central island alongside an adjoining utility room and cloakroom, creating an inviting space for both cooking and socializing. The vaulted ceiling continues into the living area that benefits from large gable-end windows offering stunning paddock views and natural light—further complemented by a wood burner and a cozy mezzanine snug. Externally, the property features extensive outdoor space with a secured entrance leading to ample parking. The land includes several well-maintained paddocks suited for livestock or equestrian activities, as well as outbuildings that hold renovation potential—such as converting the timber workshop into stables or further enhancing the general-purpose barn (subject to planning permission). With its proximity to local amenities in Stibb Cross and Torrington, plus accessibility to the North Devon coastline, this property not only serves as a comfortable residence but also a promising canvas for further development and enhancement.

Investment Analysis

(EX38 area)

Above Market Value

This property is priced +39.3% above area average per sq ft

+39.3%
This Property
£374/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£708,607
10% above area average per sq ft
Potential ROI
-27.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -14.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +0.7%
Investment Disclaimer: Analysis based on EX38 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

Stibb Cross, Torrington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,202
Based on a loan of £673,125 over 30 years at 3.97% 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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