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Bolham, Tiverton, Devon EX16 - Image 1
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Bolham, Tiverton, Devon EX16

South West

£550,000
Listed on 13/12/2025

Property Details

Bedrooms
4
Type
Detached house
Area
1232 sqft

Description

This Grade II Listed property presents a compelling renovation opportunity in the desirable Mid Devon village of Bolham. Originally part of the historic Knightshayes Estate, this estate features a traditional three-bedroom detached home paired with attached barns and a separate one-bedroom barn conversion, all set within substantial grounds. While Ivy Cottage has been cherished by the same family for six decades, it now requires thoughtful renovation to unlock its full potential. The main residence offers spacious living areas including a sitting room adorned with an arched window and a dining room featuring dual aspects, lending itself well to modern updates. The kitchen overlooks the courtyard and retains original charm but would benefit from reconfiguration. The first floor holds three bedrooms, with flexibility for creating en-suite facilities or additional storage solutions. The adjacent converted barn currently serves as a rental unit, showcasing further income potential while also needing updates throughout. Outside, the ample gravelled parking and courtyard provide multiple access points and could be transformed into inviting outdoor spaces. The attached linhay barn is ripe for conversion possibilities that could enhance living space or be developed into holiday accommodation—all subject to necessary planning approvals. With gardens featuring fruit trees and various sheds offering additional storage or workspace options, this property stands ready for a visionary investor to breathe new life into it.

Investment Analysis

(EX16 area)

Above Market Value

This property is priced +53.4% above area average per sq ft

+53.4%
This Property
£446/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£394,499
10% above area average per sq ft
Potential ROI
-39.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.2%
Investment Disclaimer: Analysis based on EX16 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

Bolham, Tiverton, Devon EX16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,015
Based on a loan of £412,500 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE