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See how verdicts work2-bedroom house · EX31 4SY
For saleReduced £30k (−6.1%) on 9 OctListed 228 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away on a generous 1.34-acre plot, this enchanting detached barn conversion provides a true sanctuary for those longing for peace, privacy, and a newfound connection to nature.
Approached via a five-bar gate leading to a spacious driveway accommodating multiple vehicles, Waterlake Barn immediately impresses with its effortlessly graceful exterior and timeless architecture.
Carefully updated to reflect the needs of contemporary country living, every inch of this home radiates both character and warmth.
Step inside and discover over 1,300 square feet of beautifully appointed interiors arranged over two airy levels.
The barn boasts two well-proportioned double bedrooms on the ground floor, perfect for unwinding at the end of a long day or hosting guests.
Both bedrooms enjoy slate flooring underfoot and plenty of space for additional freestanding furniture.
At its heart, an expansive open-plan lounge/kitchen diner, inviting natural light in through generous windows, seamlessly melding the lines between countryside outside and cosy sanctuary inside.
Quiet evenings by the fireplace, or convivial gatherings with friends and family, both are perfectly at home here.
The kitchen comprises an L-shaped work surface with matching base units integrating a sink with drainer and an electric oven.
An access door onto the rear sun deck can also be found from the first floor living area, which once again makes for a wonderful spot for alfresco dining!
A restful bathroom completes the interior accommodation, marrying traditional elegance with every modern convenience.
Step outside and take in your own slice of paradise, where a shimmering stream gently skirts the front border, encouraging both tranquillity and a profusion of local wildlife.
On the larger rear plot, a delightful yurt (which may be sold separately or by negotiation as part of the sale) offers further possibilities for relaxation, hobbies, or wonderful outdoor entertaining.
Beyond the gates of Waterlake, the peaceful hamlet of Lower Loxhore awaits, a truly sleepy and quiet locale, yet superbly connected.
In just ten minutes' drive, find yourself amidst the bustling streets of Barnstaple, offering everything from handy high street, local, and national shops, to inviting cafes, eateries, and vital services.
Combining a cherished semi-rural lifestyle, unique period charm, and access to all the amenities of North Devon, Waterlake Barn presents an unrivalled opportunity.
Discover this unique retreat for yourself and experience just how special this home truly is-arrange your viewing today.
What Three Words - //////workloads.petted.ripen Nearest shop - 2.6 miles / Nearest school - 1.7 miles / Parking - Driveway / Tenure - Freehold.
Value & comps
No previous sales on record.
Returns
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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 Waterlake Barn, Lower Loxhore, Barnstaple
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