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Milton Damerel, Holsworthy, Devon, EX22 - Image 1
Milton Damerel, Holsworthy, Devon, EX22 - Image 2
Milton Damerel, Holsworthy, Devon, EX22 - Image 3

Milton Damerel, Holsworthy, Devon, EX22

South West

£1,450,000

Listed on 21/10/2026

The listing

Property details

Bedrooms
3
Type
House

Features

  • Garden

Description

Higher Walland is a secluded rural holding of 57.55 acres, reached by a private drive and comprising a three-bedroom detached farmhouse, farm buildings, pasture, amenity woodland and a former quarry. The farmhouse has a southerly aspect and its own garden, with hardstanding and stores to the rear. Its accommodation includes a hall, living room, dining room, kitchen, utility room and bathroom on the ground floor, with two double bedrooms and one single bedroom upstairs. The land includes 52.69 acres of pasture divided into enclosures, with water troughs in most fields, and 4.86 acres of woodland and quarry. Two telecommunications masts are subject to leases and are stated to generate combined annual rent of £7,403.74. Mains water and electricity serve the holding; the farmhouse has private drainage. Access rights and other easements affect parts of the property. Planning approval is stated to have been granted, subject to completion of a Section 106 agreement, for the demolition of existing barns and construction of five dwellings in lieu of Class Q approval. The property is offered as a whole by private treaty with vacant possession available on completion. Holsworthy is approximately seven miles away and Bude approximately 16.5 miles. The planning conditions, agreement, services, leases and access arrangements should be checked as part of due diligence.

WHOTS analysis

Our WHOTS verdict

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

55out of 100
Grade DWeak opportunity

Confidence: LOW

The farmhouse is a clean, usable canvas rather than a major refurbishment: the main visible scope is cosmetic updating, especially finishing the living-room floor and refreshing the dated interior. The rendered exterior also shows weathering and staining, while the slate roof appears intact in the photos. The bigger draw is the secluded 57.55-acre holding, with pasture, woodland and a private drive, alongside the stated planning approval for five replacement dwellings, subject to signing a Section 106 agreement, and income from two telecom towers.

At £1.45m, value against local £/sq ft cannot be judged yet because the floor area is missing. The overall score is a weak 55/100, with that data gap and the lack of a stated GDV limiting the value assessment; the distinctive land, planning and rental-income elements still give this project clear points of interest. The indicated £5,000–£15,000 renovation range suggests a light-touch farmhouse update.

Key opportunities

  • Cosmetically refresh the clean farmhouse, including completing the living-room flooring and updating its simple finishes.
  • Explore the stated approval for demolition of the existing barns and construction of five dwellings, subject to signing a Section 106 agreement.
  • Make use of the extensive pasture, amenity woodland and secluded setting; the two telecom towers are stated to generate £7,403.74 a year in rental income.

Key risks

  • Floor area is missing, so value versus local £/sq ft cannot be judged.
  • The stated five-dwelling approval remains subject to signing a Section 106 agreement.

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Map

Location

Milton Damerel, Holsworthy, Devon, EX22
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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
£5,478
Based on a loan of £1,087,500 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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