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See how verdicts work3-bedroom bungalow · EX21 5XQ
For saleListed 384 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description The barn sits in a sheltered location on a generally level 6 acre plot, divided into two paddocks and woodlands, with views over its own land.
Positioned in a quiet location on a private “no-through” road, excellent privacy is afforded.
The peaceful and tranquil location remains close to Holsworthy, Hatherleigh and Okehampton which links to Exeter and down into Cornwall.
Within striking distance of the local town and its amenities, this would make the ideal property for anyone looking to live “the good life”.
The barn The barn boasts generous proportions, level access and planning permission in place to allow this wonderful barn to be converted into an impressive country residence.
The barn is a steel framed structure with wood cladding to the front and corrugated iron to the back and sides.
The lodge There is already a static lodge on site which features a spacious living/ dining room with log burning stove and views over the pasture, fitted kitchen, two double bedrooms, one ensuite, and a family bathroom.
The wooden lodge measures 12 x 6 meters and is connected to the water treatment plant, borehole water system and mains electricity.
The cabin provides extremely comfortable living whilst the main property is being constructed.
The land The property measure approximately 6.5 acres and is made up of predominantly rough grazing split into two paddocks. There is also approx.
1 acre of woodland and an orchard planted with a mixture of cherry, pear apple and plum trees make up the rest of the land.
Planning permission Planning permission was granted by Torridge District Council under cover of application number 1/0429/2025/agmb dated 24th July 2025.
Prior notification for the change of use of agricultural building to 1no. Dwellinghouses and associated building operations under Class Q.
A copy of the permission and associated documents can be viewed on Torridge District Councils website at .
Land plan & drawings The land plan is based on ordnance survey extracts, and the areas are not guaranteed and purchasers must satisfy themselves as to their accuracy.
The architect drawings are for indicative purposes only.
Boundaries Any purchaser shall be deemed to have full knowledge of all boundaries and neither vendor nor the vendor's agents will be responsible for defining the boundaries or the ownership thereof.
Should any dispute arise as the boundaries or any points on the particulars or plans or the interpretation of them, the question shall be referred to the vendors agent whose decision acting as experts shall be final.
Services Private water connection is installed on the site, private drainage is installed on the site, mains electric is installed to the lodge and the barn.
What 3 words ///partied.openly.recovery Viewings Please ring to view this property and check availability before incurring travel time/costs.
Full details of all our properties are available on our website important notice Kivells, their clients and any joint agents give notice that: 1.
They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise.
They assume no responsibility for any statement that may be made in these particulars.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. 2. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation or other consents and Kivells have not tested any services, equipment or facilities.
Purchasers must satisfy themselves by inspection or otherwise.
Location Chilla is situated between the towns of Holsworthy, Okehampton and Hatherleigh with excellent travel links to the both the A30, M5 and Atlantic Highway.
Holsworthy has an excellent range of professional services, shops including a Waitrose supermarket, leisure amenities, schools and a weekly pannier and livestock markets.
The popular seaside resort of Bude on the North Cornish coast is some 16 miles and Launceston and the A30 is some 9 miles.
The surrounding area has much to see and do with the likes of Roadford Lake and vast expanses of Dartmoor National Park within easy reach.
Garden 6 acres of land and gardens provide an excellent opportunity to create a smallholding Disclaimer Kivells, their clients and any joint agents give notice that they are not authorised to make or give representations or warranties in relation to the property.
No responsibility is accepted for any statement within these particulars, which do not form part of any offer or contract. Areas, measurements and boundaries are approximate.
Text, photographs, CGI’s and plans are for guidance only. It should not be assumed the property has all necessary planning or building consents, and Kivells have not tested any services or equipment.
The property is sold subject to all matters in the Property and Charges Register, including rights of way and easements. Purchasers are deemed to know all boundaries.
Nothing herein constitutes financial advice; seek your own. Use of Mortgage Genies sw Ltd. Will result in a £250 + VAT referral fee to Kivells. Kivells retains copyright to all particulars and media.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Collie Wobbles, Beaworthy
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