2-bedroom detached house · EX20 3NR
For saleListed 89 days
Opportunity summary
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About
Charming Two-Bedroom Barn Conversion with 5.19 Acres, River Frontage, Cabin & Extensive Outbuildings Set in a delightful rural position on the edge of the sought-after village of Northlew, this characterful two-bedroom barn conversion offers an exceptional opportunity to enjoy country living with an enviable lifestyle.
Surrounded by approximately 5.19 acres of beautiful wildflower meadow, the property enjoys stunning countryside views, river frontage with fishing rights, an off-grid one-bedroom cabin, and an impressive collection of traditional barns and outbuildings, making it ideal for those seeking space for hobbies, storage, workshops, or additional lifestyle and income opportunities.
The barn conversion itself perfectly combines rustic charm with comfortable living, offering well-proportioned accommodation full of character.
The welcoming entrance leads into a spacious living room, complemented by a generous kitchen and dining area that provides the ideal setting for both everyday living and entertaining.
Large windows frame the surrounding countryside, flooding the home with natural light while making the most of the picturesque views.
Upstairs are two comfortable double bedrooms, both enjoying peaceful rural outlooks, served by a family bathroom.
A fantastic addition to the property is the detached cabin, tucked away within the grounds and offering privacy and tranquility.
This charming retreat is perfectly suited as a holiday let or Airbnb, providing an excellent opportunity to generate supplementary income, while also lending itself to guest accommodation, multi-generational living, or a peaceful home office.
Outside is where this property truly comes into its own.
The 5.19 acres of established wildflower meadow with orchard create a haven for wildlife and offer endless possibilities for those wishing to embrace a rural lifestyle, whether for conservation, keeping animals, or simply enjoying the tranquillity of the countryside.
The land extends down to the river, where the property benefits from private river frontage and fishing rights, creating a wonderful retreat for anglers and nature lovers alike.
A particular highlight is the extensive range of barns and outbuildings, providing an abundance of versatile space.
Whether you require secure garaging, machinery storage, workshops, studios, space for classic cars, or room to pursue hobbies and recreational interests, these buildings offer outstanding flexibility and are a rare feature to find alongside a property of this nature.
Despite its peaceful setting, the property remains conveniently located within easy reach of the popular village of Northlew, with its welcoming community, village pub, primary school and local amenities, while the nearby market town of Okehampton offers a wider range of shopping, schooling and leisure facilities, together with excellent transport links via the A30.
Offering a truly rare combination of a charming barn conversion, an off-grid holiday cabin, extensive outbuildings, 5.19 acres of wildflower meadow, and river frontage with fishing rights, this exceptional lifestyle property presents a unique opportunity for those seeking the very best of rural Devon living, with excellent potential for home-based businesses, leisure pursuits, or holiday income.
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 Northlew, Okehampton, Devon
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