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Lynmouth

South West

£250,000

Listed on 16/09/2026

The listing

Property details

Bedrooms
19
Type
Detached

Features

  • Garden
  • Parking

Description

A Grade II Listed early 19th-century seafront property in Lynmouth, comprising the main Manor, three cottages and additional outbuildings, set within grounds of more than an acre. The Manor is described as having seven reception rooms, eight bedrooms and six bathrooms. The accommodation also includes Manor Cottage, a two-bedroom cottage linked to the main house, the separate Coach House with seven or eight bedrooms and two bathrooms, and Mermaid Cottage, which has two bedrooms. The Old Distillery is a two-storey stone barn. The buildings have previously been used as a hotel, restaurant, café and care home. The listing states that significant renovation remains, with works already started; some parts of the Coach House and other areas are unsafe to access. The grounds include lawns, hardstanding and parking, with sea views and a private drive. The Old Distillery and other buildings may offer scope for future development, subject to the necessary consents. The stated current planning use is hotel, and any change of use would require formal permission. The property is leasehold, with the remainder of a 125-year lease from October 2015, a stated annual ground rent of £30,000 and a full repairing and insuring obligation. The lease also requires considerable renovation, and the sale of the lease is subject to council approval of the prospective tenant. Buyers should review the lease terms and obtain professional advice before proceeding.

WHOTS analysis

Our WHOTS verdict

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

44out of 100
Grade ELow opportunity

Confidence: LOW

This is an unusually ambitious coastal project: a Grade II Listed seafront manor with three cottages, further outbuildings, over an acre of grounds and panoramic sea views. Period features remain, and the setting and collection of buildings offer scope to shape a distinctive residential or commercial venture, subject to the necessary consents. The interiors are in the middle of extensive works, with stripped finishes, exposed floor structure and dismantled fittings visible in several areas; this is a full-scale rebuild project rather than a cosmetic refresh.

At £250,000, the headline price alone does not establish whether the property is good value: floor area is missing, so value against local £/sqf cannot yet be judged. The lease also carries a stated annual ground rent of £30,000, an important ongoing commitment to assess alongside the substantial programme of works.

Key opportunities

  • Rework the manor’s large reception spaces and retain or highlight period details such as fireplaces and decorative cornices.
  • The manor, three cottages and coach house offer scope to create a distinctive multi-building residential or commercial project, subject to feasibility and consents.
  • Make the most of the direct seafront position, panoramic coastal views, level grounds and generous parking.

Key risks

  • Stripped interiors, exposed floor structures and dismantled fittings across several areas mean a heavy, multi-building rebuild programme; plan for substantial time and coordination rather than a cosmetic refresh.
  • The listing states that some areas are unsafe to access, and the condition of all roofs, elevations and outbuildings is not established by the submitted views.
  • The stated £30,000 annual ground rent is a material ongoing lease commitment to review carefully.

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Map

Location

Lynmouth
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Transport

Nearest stations

  • Barnstaple Rail Station

    14.9 miles

    Train · Barnstaple

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-28.6% since listed
£250,000£100,000(-28.6%)
21/10/2026
Current price
£350,000Initial listing
17/09/2026

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