3-bedroom house · EX34 9RG
For saleListed 119 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Derelict detached barn in a private countryside setting near Ilfracombe, offering stunning rural views and excellent potential to create a bespoke holiday retreat.
The Location - This rural farm location on the outskirts of Ilfracombe offers the perfect location for a quiet retreat, providing privacy and picturesque views.
It's just a short drive from the stunning Woolacombe beach and the scenic Ilfracombe coastline, making it perfect for outdoor enthusiasts.
Local amenities and schools are conveniently nearby, ensuring a balance of tranquility and accessibility.
This location is perfect for anyone with the desire to be nestled in the countryside but being a stones throw away from all that North Devon has to offer.
The Barn - This exceptional detached barn conversion plot is situated in an elevated position, offering breath-taking views of the surrounding countryside.
with plans in place for a private drive, the property ensures peace and privacy, making it an ideal retreat.
The generous private garden will provide ample space for outdoor activities and is currently a blank canvas, perfect for creating a tranquil haven.
With the potential for a stunning conversion, this plot offers a unique opportunity to design a bespoke home that harmonizes with its picturesque setting.
Embrace the chance to create your dream residence in this idyllic rural location!
The plans for this barn is for the property to have two levels, the ground floor will provide a open plan lounge diner, Kitchen, two bedrooms, study and three-piece bathroom suite.
Access to the upper floor is via a spiral staircase which leads into the primary bedroom benefitting from three-piece en-suite.
Outside Space - This property features a private driveway with access gates, ensuring security and seclusion.
It offers ample private parking and boasts a large, wrap-around garden positioned on an elevated site.
Surrounded by lush woodland, the location provides stunning countryside views, creating a tranquil and picturesque setting perfect for relaxation and outdoor enjoyment.
Agent Notes - This property can currently only be purchased for holiday let use but there are current proceedings in order to rearrange this to residential.
Water from the cottages is from a borehole and is filtered via UV which would be able to be connected to the barn once it is converted.
There is a 3000 litre holding tank that sits to the rear of games room/store building.
The other cottages have power provided by separate solar panels with the main farmhouse being on mains electric The current cottages have drainage to a septic tank which we have the understanding that this barn will also be able to be added.
Directions - From our office, follow north up the High Street on at A361 towards Portland street and Hillsborough Road.
Once you reach the traffic lights, turn right onto New Barnstaple Road and follow for 0.8 miles.
Once you reach the roundabout, take the first exit on New Barnstaple Road B32230 and follow for 1.5 miles.
You will see sign posted on your left hand side 'South West Shooting School' and 'Key Pitts Off Road Adventure' where you will turn left down that road.
Take the second right hand turning where it is sign posted Ettiford Farm Cottages and follow this road until you reach the cottages, an agent will meet you there to show you around.
What3words: follow.breached.dreading
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.
Area
Agent & docs
FAQ
About Barn 1, Ettiford Farm Cottages
Explore nearby