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Broadhempston, Totnes

South West

£850,000

Listed on 03/09/2026

The listing

Property details

Bedrooms
2
Type
Barn Conversion
Area
1216 sqft

Description

Luscombe Maye is pleased to present this charming two-bedroom barn conversion set within approximately three acres of picturesque land. Nestled in a tranquil rural environment, the property boasts paddocks, gardens, and wildlife-rich grounds, complete with stables and outbuildings. Notably, planning permission has been secured for an annexe, presenting an excellent opportunity for additional accommodation or ancillary use. The expansive grounds are ideal for equestrian enthusiasts and those desiring a peaceful escape into nature. An impressive pond enhances the landscape's natural beauty, fostering a serene habitat for wildlife and outdoor activities. Inside, the barn conversion features a spacious kitchen/dining room, perfect for family gatherings and entertaining. The comfortable sitting room offers attractive views of the surrounding countryside, while practical amenities such as a utility room and ground floor WC add to the convenience. On the first floor, two light-filled bedrooms with vaulted ceilings exemplify the property’s character. The principal bedroom serves as a peaceful retreat with exposed timber flooring and an open-plan ensuite bathroom area. The second bedroom is versatile, currently arranged as both a bedroom and study, and also includes an ensuite bathroom. The landing area provides additional flexible space suitable for home working or hobbies. The extensive outbuildings include two stables, a mare and foal box, a workshop, and a covered seating area. With planning permission already in place for conversion into a self-contained annexe, this property offers significant potential for multi-generational living, guest accommodation, or holiday letting. The grounds feature a productive garden with raised beds, leading to an open paddock and a nature walk around the substantial wildlife pond. Despite its secluded setting, the property is conveniently located within the sought-after village of Broadhempston, providing easy access to local amenities such as a shop and pub while maintaining the privacy and charm of a rural smallholding. This unique property offers immediate enjoyment alongside future potential, making it an ideal choice for those seeking a lifestyle home with flexibility, space, and opportunities for enhancement.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

26out of 100
Grade ELow opportunity

Confidence: LOW

This charming two-bedroom barn conversion offers a unique opportunity for those seeking a countryside retreat. Set on approximately 3 acres of land, the property features well-maintained gardens, paddocks, and a variety of outbuildings, including stables and a workshop. The home itself boasts a spacious kitchen/dining area, a comfortable sitting room with countryside views, and light-filled bedrooms with vaulted ceilings, all contributing to its character and warmth.

However, the asking price of £850,000 translates to £699 per square foot, which is significantly above the local average of £392 per square foot. This pricing creates a considerable barrier to value for potential buyers. Although there is planning permission for an annexe that could enhance the property's appeal and utility, the current valuation feels steep given the local market context. While the property itself is in good condition and offers potential for further development, the economic factors may limit its attractiveness in the current landscape.

Key opportunities

  • Planning permission for an annexe provides potential for additional accommodation or rental income.
  • The extensive grounds offer opportunities for gardening, equestrian activities, or further outdoor enhancements.
  • Character features throughout the barn conversion, including vaulted ceilings and exposed timber flooring, add to the home's charm.

Key risks

  • The asking price is significantly above local £/sqf averages, presenting a challenge for value appreciation.
  • Limited renovation economics data may impact future investment decisions.

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Map

Location

Broadhempston, Totnes
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,211
Based on a loan of £637,500 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.

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