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See how verdicts work2-bedroom house · EX39 5PE
Listing removedReduced £30k (−9.2%) on 21 AugListed 121 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Enjoying a peaceful position on the outskirts of the sought-after North Devon village of Parkham, surrounded by rolling countryside yet within easy reach of Bideford, Torrington and the dramatic North Devon coastline, Newhaven Farm presents a rare opportunity to acquire a charming detached former farmhouse offering character, space and considerable potential.
Approached via a shared driveway, the property benefits from a Detached Garage together with an extensive lawned area directly opposite the house, providing a wonderful sense of space.
A range of useful outbuildings also belong to the property, offering excellent storage and versatility for those seeking workshop space, hobbies or additional outdoor facilities.
The accommodation is surprisingly spacious and retains much of its traditional appeal.
The standout feature is the impressive 25'9" Living Room, centred around a striking fireplace with a wood burning stove and additional multi-fuel stove set within the chimneybreast, creating a warm and inviting focal point.
Attractive timber stairs with contemporary glass balustrading rise to the first floor, while an opening leads through to the generous Kitchen / Dining Room fitted with a range of base and wall units, woodblock-style work surfaces, a built-in oven, hob and extractor, a dishwasher and under-counter fridge.
Beyond the kitchen is a practical Utility Room with further storage, space for appliances, access to the Cloakroom and an external door to the front.
Upstairs, there are 2 well-proportioned double Bedrooms, both enjoying attractive vaulted ceilings which enhance the sense of character and space.
The principal bedroom is particularly impressive, overlooking the lawned frontage.
Completing the accommodation is a spacious Bathroom fitted with a 4-piece suite including a bath and separate corner shower.
The property benefits from lpg central heating and private drainage via a septic tank.
It has been realistically priced to reflect the need for some improvement works, most notably remedial attention to dampness affecting part of the rear ground floor wall.
For buyers seeking a characterful village home with outbuildings, generous outside space and the opportunity to add value, this represents an exciting and increasingly rare opportunity in a desirable rural location.
Directions Directions to this property can be easily found by using What3words: From Bideford Quay, take the A386 towards Torrington. At Landcross, turn right signposted Parkham / Buckland Brewer.
Follow the road for about 6 miles until you reach the right hand turning signposted Parkham. Take the turn towards Parkham and then turn right again.
Follow the road around to your right to where Newhaven Farm will be found on your right hand side.
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.
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FAQ
About Newhaven Farm,, Parkham, Devon
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