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Wonderful coastal property launched to the market

Wonderful coastal property launched to the market

Stags Barnstaple office has launched to the market one of those properties which is often sought, but seldom found. Drummetts is a large detached period farmhouse in a coastal position, overlooking its own paddock and with stunning south-facing views into Lee Bay and of the Bristol Channel. It is located in an Area of Outstanding Natural Beauty in the timeless coastal village of Lee, within walking distance of the South West Coast Path, beach and pub. It is close to the award-winning three-mile beach of Woolacombe, with other premier surfing beaches, such as Croyde and Saunton, a little further afield.

The property is understood to date originally from 1780 and is, perhaps remarkably, not listed. The characterful accommodation includes, on the ground floor, a welcoming sitting room and library arranged in two distinct ‘zones’ and a dining room separated via an open arch from the kitchen, which features a Rayburn. There is also a useful utility room and a shower room. On the first floor, there is a bright study landing which enjoys one of the best sea views, a small reading room quietly situated at the back of the house, three bedrooms and two bathrooms. On the top floor, there is a fourth bedroom and a large secondary room with a high vaulted ceiling, ideal as a studio or fifth bedroom.

Externally, there is a detached garage, additional parking and a dilapidated stone outbuilding with potential to convert, possibly to a self-contained annexe or holiday let, subject to planning permission. The grounds total just over an acre, comprising mature gardens, an orchard and a paddock.

If you are looking for a well-positioned coastal property where you can stamp your mark, add value, relax and unwind, then look no further. The property is being marketed by the Informal Tender or Sealed Bid method. The target date is noon on Friday 21st October 2022. The guide price is £1,500,000 and we are expecting keen interest; please contact our Barnstaple team for further information and an early viewing on 01271 322833.

The North Devon waterside market continues to thrive. Notable results in recent months have included the successful sales of over 70% of the Tors Park development of apartments at Lynmouth. Prices have ranged from £399,000 for a one-bedroom unit to over £1 million for one of the three-bedroom penthouses. A modern barn at Berrynarbor, with consent for conversion, 3.64 acres and sea glimpses, achieved £575,000 within days of the launch. At Woolacombe, a converted apartment with frontline sea views sold for over £800,000 off a guide of £650,000. Any media speculation about the property world being affected by changing economic conditions does not seem to have dampened the drive for premier waterside properties. For more information or to contact your local Stags office visit stags.co.uk.