A stunning six-bedroom farmhouse with its own swimming pool has gone on the market for a bargain price of £19,000.
The Grade II listed home in Cotleigh, near Honiton in Devon offers picturesque views of the Devon countryside and also has its own library.
The three-storey country home has exposed beams in some of the rooms as well as exposed fireplaces and stone walls for a rustic look.
It also features four bathrooms, including one en suite, three reception rooms and an attic which can also be used as a sitting room.
However despite its impressive appearance it has been described as needing ‘modernisation’.
With work, it has been suggested the property could be worth up to £650,000.
The home could reportedly bring in £77,800-a-year if it was rented out, according to a national holiday let company.
It is set to go under the hammer from September 2, with a guide price of £19,000.
The stunning six-bedroom farmhouse with its own swimming pool has gone on the market for a bargain price of £19,000
The three-storey property in rural Devon has been described as needing ‘modernisation’
The house comes with its own swimming pool and could be purchased for use as a holiday let
The kitchen in the farmhouse with ample cupboard space and an island with a sink and counter
The entrance hallway of the property with a staircase to the first floor and a wide door frame
The Paul Fosh Auctions listing describes the farmhouse near Honiton, Devon, as a unique property brimming with character and charm.
Its three stories allow for ample space for families and comes with off-road parking with front and rear gardens.
The property has spacious rooms with lots of natural light and an open-plan kitchen and dining room with ample space for entertaining guests
The listing states, “This Grade II listed farmhouse features 6 bedrooms, stunning views of the Devon countryside, a log burner, and shared access to an outdoor swimming pool, plus a personal library.
The property retains its original characteristics, such as exposed beams and stonework, offering a wonderful residential space, second home, or rental for the holiday market, presenting a superb income opportunity.
‘The property offers a great opportunity to buy, renovate and sell back on to the open market.
‘Modernisation is required but would offer a great return with sales of large properties of this size selling locally in excess of £650,000.
The entrance hall leads into a spacious open-plan kitchen and dining room with space for entertaining a number of guests
One of four bathrooms in the house with a separate bathtub and shower and suitable cupboard space
The landing on the first floor with lots of natural light coming through the bedrooms on all sides
A small sitting room in the property with an armchair and sofa which could be used as a snug
With proper refurbishments, the house could be worth up to £650,000
A sitting room in the Devon farmhouse with wide double doors leading to the staircase
A rustic fireplace in a spacious sitting room in the property with exposed stonework surrounding it
Exposed beams can be seen at the roof of one of the second floor bedrooms in the property
Feedback suggests a lack of 5+ bedroom properties for holiday lets, with most available options being 1-3 bedrooms.
‘This meaning, a six bedroom property refurbished to a good standard would be in high demand.’
An ideal use for this farmhouse could be as a retreat or holiday rental, positioned perfectly in the Devonshire countryside.
Data from a national holiday let company suggests that a six-bedroom holiday rental in this area, accepting pets and with pool access, could generate approximately £77,800 annually if refurbished to high standards, across both summer and winter seasons.
