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East Colehouse, Broadwoodkelly, Winkleigh

South West

£995,000

Listed on 10/07/2026

Property details

Bedrooms
5
Type
Detached
Area
2873 sqft

Description

This expansive property, encompassing nearly 3,000 square feet, is rich with character and offers significant potential for renovation and investment. Featuring five bedrooms and five bathrooms along with a self-contained annexe currently operating as a successful holiday let, it presents diverse living options. Nestled in the scenic Devonshire countryside near Broadwoodkelly, this unlisted farmhouse combines traditional elements with modern comforts. The main house boasts charming features such as flagstone flooring, exposed beams, and multiple fireplaces that could be enhanced further to elevate its appeal. The recently converted Shippon adds value as dual accommodation or an income-generating holiday rental. Equestrian enthusiasts will appreciate the superb facilities on approximately 8.25 acres of fenced paddocks that offer grazing opportunities and potential for additional development like extending stables or installing a manège (subject to planning approval). This property's generous grounds provide ample space for vehicles and equestrian equipment, making it ideal for those seeking an active rural lifestyle. With its extensive space for development and versatile living arrangements, this property represents a unique opportunity for buyers looking to create their own slice of country life while capitalizing on its investment potential.

Investment analysis

(EX19 area)

Above Market Value

This property is priced +11.0% above area average per sq ft

+11.0%
This Property
£346/sq ft
Area Average
£312/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£985,856
10% above area average per sq ft
Potential ROI
-13.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
4
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX19)

Area prices are falling by -8.2% over the last 12 months
3 year growth: -11.3%
5 year growth: +0.1%
Investment Disclaimer: Analysis based on EX19 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

East Colehouse, Broadwoodkelly, Winkleigh
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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
£3,759
Based on a loan of £746,250 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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