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See how verdicts work4-bedroom detached house · EX38 8QS
Under offerListed 88 days
Opportunity summary
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About
A compact residential farm with excellent agricultural and sporting assets in a stunning location with extensive frontage to the River Torridge.
Description Available for the first time in over 40 years, Undercleave is a superb mixed agricultural and sporting farm, situated in a beautiful and peaceful location in a horseshoe of the River Torridge which flows along the boundary of the property.
Undercleave lies at the end of a council maintained road and is a fascinating and unique ring fenced private farm centred around an attractive period family home surrounded by an wonderful collection of traditional outbuildings.
The traditional buildings provide opportunities for a myriad of other uses including equestrian, hobbies, studios and offices (stp).
The immediate grounds and gardens are well established stocked gardens with a walled garden and terrace to enjoy al fresco dining beyond which are lawns, an orchard and a pond.
In addition there are useful range of versatile modern farm buildings. The house and buildings are surrounded by productive pastureland and meadows that run down to the River Torridge.
The land rises behind the house and includes a wonderful broadleaved wooded area above which there is a level plateau of productive arable land.
For the equine enthusiast there is stabling and excellent outriding. The current owners have let the shooting on an annual basis.
A particular feature of Undercleave is that it is mainly contained within a horseshoe of the River Torridge, forming a beautiful natural boundary and providing endless opportunities for wild swimming, kayaking and fishing from the river bank as it winds past the farm.
Situated at the end of the private drive and central to its land, Undercleave enjoys a protected position.
The non-listed house is constructed with rendered elevations under a slate roof with period features and well-proportioned reception rooms, bedrooms and a conservatory.
Views from the house extend over the farm in all directions and down across river meadows to the Torridge.
On the first floor, the property comprises three double bedrooms, one single bedroom and a large family bathroom.
Location Undercleave is situated in a stunningly private and attractive position in a horseshoe of the River Torridge in the heart of one of the most beautifully unspoilt parts of Devon.
The area is designated as an Area of Great Landscape Value and comprises productive agricultural land, oak woodland and deep valleys ideal for outdoor pursuits.
There are many vibrant villages and towns within easy reach for everyday requirements including the historic town of Great Torrington (5 miles) which has a health centre, bank, Post Office together with a range of independent shops and eateries.
Extensive educational, recreational, cultural and retail facilities can be found at Bideford (10 miles), a historic port lying at the mouth of the River Torridge and in the Cathedral City of Exeter (38 miles) to the east.
Undercleave is readily accessible to the spectacular North Devon and North Cornish coastlines renowned for wide surfing beaches and walking along the South West Coastal Footpath.
From Bideford boat trips go on a regular basis throughout the summer to Lundy Island in the Bristol Channel.
The property is also readily accessible to Dartmoor National Park to the south and Exmoor National Park to the north east.
Acreage: 107.65 Acres Directions Postcode - EX38 8QS What3Words - //should.frown.barbarian Additional Info The farmland is currently a combination of pasture including river meadows, productive arable land which is currently drilled to maize and woodland.
The land is predominantly Grade 3 according to the land classification maps and is well suited to traditional farming methods such as grazing, mowing and the production of cereal and fodder crops.
The land is also suited for conservation use with potential for stewardship and SFI options.
There is road access to the arable land and woodland from the southern side of the farm from a public highway.
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.
Area
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FAQ
About Little Torrington, Torrington, Devon, EX38
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