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Raleigh Road, Barnstaple

South West

£1,000,000

Listed on 03/06/2026

Property Details

Bedrooms
4
Type
Detached
Area
2637 sqft

Description

This distinctive detached barn conversion sits on approximately 2.9 acres of well-kept gardens and pastureland, featuring a range of useful outbuildings including a double garage, workshops, stables, and multiple parking areas. Nestled down a quiet private lane, the property is conveniently located just a mile from Barnstaple's town center, offering an ideal blend of peaceful rural living with easy urban access. The home accommodates four to five bedrooms and three reception rooms within its spacious layout. Originally converted in 1996 and subsequently extended by the current owners, this structure boasts attractive stone facades paired with a slate roof that harmonize rustic charm with modern comforts. The interior is impressively versatile and includes character details such as exposed beams and vaulted ceilings that enhance its appeal. The adjoining outbuildings have significant potential for renovation or conversion into additional residential space (subject to necessary planning permissions). The grounds encapsulate not only beautifully landscaped gardens but also include a timber barn in an adjacent paddock, each providing additional opportunities for enhancement. The ground floor features a welcoming entrance porch leading to the principal living area that exudes character through its flagstone flooring and wooden beams, alongside a contemporary log burner. An open plan kitchen-dining-living area serves as the heart of the home, designed for both casual family life and entertaining guests. This space includes vaulted ceilings accentuated by exposed beams and provides direct access to an outdoor kitchen setup—perfect for al fresco gatherings. Upstairs offers well-appointed sleeping quarters surrounding a spacious landing; the luxurious primary suite benefits from bi-fold doors that lead to its own balcony overlooking the garden. With additional double bedrooms equipped with en suites and beautiful views, along with an impressive family bathroom featuring both bath and shower options, there's ample room for family living. Outside, the landscaped grounds are designed for leisure and recreation while providing practical features such as stables equipped with utilities, extensive storage spaces including sheds for varied uses, along with provisions for vegetables or small livestock. A share in additional land at the end of the lane enhances the property's appeal further. Overall, this property presents exciting renovation potential not only within the main residence but also across its extensive outdoor structures—ideal for investors looking to capitalize on existing amenities while exploring options for enhancement.

Investment Analysis

(EX31 area)

Above Market Value

This property is priced +18.8% above area average per sq ft

+18.8%
This Property
£379/sq ft
Area Average
£319/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£925,903
10% above area average per sq ft
Potential ROI
-19.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX31)

Area prices are falling by -2.3% over the last 12 months
3 year growth: -7.4%
5 year growth: +6.3%
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

Raleigh Road, Barnstaple
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,778
Based on a loan of £750,000 over 30 years at 4.45% 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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