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See how verdicts work2-bedroom bungalow · EX39 5SA
For saleListed 147 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique two-bedroom holiday-restricted property enjoying stunning views and ideally situated within easy reach of the beautiful North Devon coastline.
Highford Farm is a cluster of properties forming part of an attractive Grade II listed model farm (although New Barn itself is not listed), which has been converted into a number of unique and individual homes, each with its own charm and character.
New Barn is effectively a recently built property with stone-faced elevations and now comprises a predominantly single-storey dwelling subject to a holiday occupancy restriction.
As such, it is ideally suited as a holiday letting unit with immense potential.
The accommodation is well presented throughout, benefiting from double glazing and electric heating, together with a range of character features including exposed ‘A’ frames, arched windows, and a full-height stone chimney breast (non-functional).
Offered to the market with no onward chain, Phillips Smith & Dunn, as selling agents, strongly recommend an early internal inspection for anyone seeking a stunning holiday residence with excellent letting potential.
Early viewing is highly recommended to avoid disappointment.
Briefly, the accommodation comprises a superb open-plan, triple-aspect living room/kitchen featuring a magnificent vaulted ceiling with exposed ‘A’ frames, ample kitchen storage, and an integral oven and hob.
There is also a delightful full-height mock chimney breast, glazed doors opening onto an external seating area, and a staircase (with storage cupboard beneath) leading to the dual-aspect first-floor bedroom.
The bedroom has restricted head height in parts but enjoys delightful rural and coastal views towards Bideford and Barnstaple Bay.
Additional ground-floor accommodation includes a double bedroom and a well-appointed shower room.
TThe property stands on a level plot with a gravelled front garden designed for ease of maintenance, bounded by a low brick wall.
To the side is an enclosed seating area with external lighting, ideal for al fresco dining and for enjoying the magnificent views previously described. Beneath this area is a useful storage facility.
Adjacent to New Barn is a designated parking space, with additional communal parking located just a short walk away.
Residents also benefit from access to communal grounds within the Highford Farm development.
Living Room/Kitchen - 7.32m minimum x 4.78m (24' minimum x 15'8") - Bedroom 1 - 4.78m maximum x 4.04m maximum (15'8" maximum x 13' - Bedroom 2 - 3.05m x 3.05m (10' x 10') - Shower Room - 2.08m x 1.60m (6'10" x 5'3") - Higher Clovelly is a rural hamlet situated within easy reach of the North Devon coastline.
The picturesque, pedestrianised fishing village of Clovelly is just a short drive away, while the nearby village of Hartland, approximately 2.5 miles distant, caters for many everyday needs.
A regular bus service operates nearby to the port and market town of Bideford, which offers a good range of amenities, passing through the highly popular village of Woolsery en route.
The North Cornish coastline is also within easy driving distance.
Barnstaple, North Devon’s regional centre, situated on the banks of the Rivers Taw and Yeo, is approximately 30-40 minutes away by car and offers the area’s principal shopping, business, and commercial facilities.
AGENTS NOTE: This property is subject to a 12-month holiday occupancy restriction and therefore cannot be occupied as a primary residence.
An annual service charge of £785 is payable, covering waste services, maintenance of the communal drainage system, communal grounds, and other shared areas within the development.
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
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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
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FAQ
About Higher Clovelly, Bideford
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