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Nr Great Torrington

South West

£1,250,000

Listed on 23/05/2026

Property Details

Bedrooms
4
Type
Detached
Area
2787 sqft

Description

Higher Darracott Farm presents a unique opportunity for those looking to invest in a versatile property set against a backdrop of stunning North Devon countryside. This well-maintained farmhouse, which once operated as a successful bed and breakfast, boasts ample living space with three reception areas and four large bedrooms. The property includes two thriving holiday cottages that could continue generating income or be enhanced further to increase their appeal. Additionally, modern outbuildings offer significant development potential (subject to planning) for various uses, while the integrated Caravan Club site adds yet another revenue stream. With approximately five acres of level pasture available, the possibilities for smallholding or equestrian purposes are extensive. This lifestyle property combines the charm of rural living with excellent local amenities in nearby Great Torrington and Bideford, making it an attractive investment for those seeking a project with long-term benefits.

Investment Analysis

(EX38 area)

Above Market Value

This property is priced +67.2% above area average per sq ft

+67.2%
This Property
£449/sq ft
Area Average
£268/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£822,527
10% above area average per sq ft
Potential ROI
-38.6%
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

Nr Great 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
£4,460
Based on a loan of £937,500 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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