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Marhamchurch, Bude, EX23

South West

£650,000

Listed on 14/05/2026

The listing

Property details

Bedrooms
4
Type
House
Area
4058 sqft

Features

  • Garden
  • Parking

Description

This historic establishment, steeped in local charm, represents a unique investment opportunity in the picturesque village of Marhamchurch. The Bullers Arms spans approximately 4,000 sq ft and combines traditional pub character with potential for various revenue streams. It features both an inviting public house and substantial living quarters that can be enhanced for better accommodation or rental purposes. The bar area has recently undergone updates, including a new kitchen and modernized bathrooms, yet still presents opportunities for further improvements to elevate the overall experience for patrons. The owners' living space offers independent access and consists of multiple rooms, including bedrooms with ensuite facilities that can be refurbished to increase their appeal. With four spacious bedrooms on the first floor—two of which are already modernized—there remains potential to enhance the remaining rooms into desirable accommodations for guests or long-term tenants. The property's outdoor spaces include a wraparound beer garden perfect for social gatherings and ample parking close by. Given its strong community ties and positive online ratings, there is clear scope for expanding food offerings to complement existing drinks sales and tap into the area's thriving tourism market. The location near Bude provides easy access to additional amenities and leisure facilities, making this a compelling choice for an operator eager to invest in a community-centric business with considerable upside potential.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

81out of 100
Grade AStrong opportunity

Confidence: MEDIUM

At £650,000, The Bullers Arms is a strikingly low-priced acquisition on the local £/sqf comparison: about £160/sqf against a £337 local average. That gives this characterful, roughly 4,000 sq ft village inn a strong value-led starting point, with exposed beams, flagstone flooring and an impressive open fireplace adding plenty of identity.

The commercial kitchen and customer facilities look orderly, while several photographed bedrooms and bathrooms are already presentable. There is still scope for a light, targeted refresh to the owners’ accommodation and two ensuites, alongside tidying the courtyard wall and planting. The combination of a trading pub, independent-access living space and established guest accommodation makes this a distinctive project with several ways to improve and use the property.

Key opportunities

  • Acquire around 4,000 sq ft at a strong value relative to the local £/sqf average.
  • Refresh the owners’ accommodation and two ensuites to create a more cohesive live-in space.
  • Build on the pub’s character features, established hospitality layout and guest-room accommodation.

Key risks

None recorded.

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Map

Location

Marhamchurch, Bude, EX23
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£2,656
Based on a loan of £487,500 over 30 years at 5.13% 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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