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Mullacott Cross

South West

£1,050,000

Listed on 16/06/2026

Property Details

Bedrooms
3
Type
Detached
Area
1979 sqft

Description

This property presents a unique opportunity for those looking to invest in a period farmhouse set within an expansive estate of approximately 42 acres, combining undulating pasture and woodland. The three-bedroom detached farmhouse retains its character with rendered elevations and a slate roof, yet offers significant scope for modernization and improvement. While currently functional, the interior will benefit from updates throughout to enhance its appeal as a cozy family home or a lucrative rental investment. In addition to the farmhouse, the estate features a distinctive two-storey stone barn with attached roundhouse, previously granted planning consent for conversion into ancillary accommodation or holiday lets. This could be reinstated or reimagined for various uses, capitalizing on the picturesque surroundings and proximity to popular coastal destinations. Equestrian enthusiasts will appreciate the existing stables and potential for riding businesses, given the off-road access along the nearby Tarka Trail. The property’s diverse buildings—ranging from dilapidated Nissen huts to stone outbuildings—provide ample possibilities for redevelopment, subject to planning permission. The various land parcels could also support outdoor business ventures such as camping or glamping. Located near Ilfracombe and Woolacombe, this rare estate not only offers access to beautiful coastline but also benefits from excellent local amenities and transport links, making it suitable for both family living and commercial endeavors. The potential here is vast; whether you envision developing multiple dwellings or simply enhancing the existing layout, Bickenbridge Farm is poised for transformation.

Investment Analysis

(EX34 area)

Above Market Value

This property is priced +82.5% above area average per sq ft

+82.5%
This Property
£531/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £130,000
Target Value
£632,716
10% above area average per sq ft
Potential ROI
-46.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
22
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX34)

Area prices are rising by +10.1% over the last 12 months
3 year growth: -3.5%
5 year growth: +5.0%
Investment Disclaimer: Analysis based on EX34 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

Mullacott Cross
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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
£3,967
Based on a loan of £787,500 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.

Stamp Duty Calculator

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