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New Road, Instow

South West

£4,750,000

Listed on 17/07/2026

Property details

Bedrooms
6
Type
Detached

Description

This impressive Edwardian property, known as Newstead, offers a rare opportunity for investors and homeowners alike. Nestled in a prime elevated location in North Devon, the residence boasts breathtaking views across the Taw and Torridge Estuary. With over 9,000 sq.ft of space, this home combines historical significance with the potential for significant modernisation. The property retains numerous original features, including exquisite fireplaces and decorative plasterwork, while currently undergoing refurbishment that allows buyers to personalise the interior to their taste. Additionally, included in the sale is a building plot with full planning permission for five luxury apartments—a unique investment opportunity within a desirable coastal village. This combination presents flexibility for creating either a magnificent family home or an extensive development project. The gardens are not only expansive but also provide privacy and tranquillity, enhancing the overall appeal of this property.

Investment analysis

(EX39 area)
Area Average
£302/sq ft
Avg Rent (weekly)
£204
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX39)

Area prices are falling by -6.7% over the last 12 months
3 year growth: -15.5%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on EX39 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

New Road, Instow
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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
£17,945
Based on a loan of £3,562,500 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

Next Steps

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