Property · EX15 1QW
For saleListed 254 days
Opportunity summary
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About
A beautifully situated range of agricultural buildings with Class Q consent for conversion to three residential use units.
VIEWINGS STRICTLY BY APPOINTMENT ONLY DESCRIPTION The Barns at Hayne Barton are former agricultural buildings which now have the benefit of planning consent for conversion to create three residential properties.
They provide a great opportunity to acquire a barn in a superb location, with the potential to create an exceptionally attractive and individual family homes, situated within a readily accessible rural location.
THE BUILDING Constructed of a steel-framed structure with cladding to all sides beneath a corrugated steel sheet roof, the current Dutch barn has had planning permission accepted to be converted into three residential dwellings under Class Q of the Town and Country Planning Act (General Permitted Development) (England) order 2015.
Mid Devon District Council Planning Ref: 24/00625/PNCOU. Consent was granted on 14th June 2024.
The approved plans provide conversion of the building to provide two two-bedroom semi-detached properties an one three-bedroom link-detached property.
SERVICES & OUTGOINGS We understand that mains water and electricity are believed to be in close proximity to the barns.
The Vendor will grant any appropriate wayleaves and easements across their retained land for the benefit of the Purchaser.
Drainage will be to a new private system to be constructed at the Purchasers expense and in accordance with Environment Agency approval.
Local Authority: Mid Devon District Council, Phoenix House, Phoenix Lane, Tiverton, Devon EX16 6PP SITUATION The barns occupy a rural yet accessible location within Mid Devon, lying approximately equidistant between Cullompton and Willand, but in open countryside.
Cullompton lies to the south providing a comprehensive range of commercial, educational and recreational facilities as well as porviing access to the M5 (J28).
Mainline rail connections are available at Tiverton Parkway which lies adjacent to J27 of the motorway and situated a short distance to the north of the property.
Both Exeter and Taunton are within convenient reach and afford the range of faclilities befitting those of County and Regional centres.
DIRECTIONS What3words:///grandson.picturing.submits ADDITIONAL INFORMATION Broadband: Broadband is available—highest available basic download speed 18 Mbps. (Openreach).
Mobile Coverage: Available via EE, O2, THREE and VODAFONE. For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding.
Value & comps
No previous sales on record.
Returns
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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.
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About Barns At Hayne Barton Farm House, Devon, EX15
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