£1,000,000
Umberleigh, Devon, EX37
- 5 beds
£1,000,000
- 5 beds
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Nestled amid some of North Devon’s most verdant countryside, North Nethercleave offers buyers the opportunity to acquire an enviable home and business opportunity generating significant income. The main accommodation is provided by an attractive and extremely spacious 5 bedroom / 3 bathroom Victorian farmhouse of attractive and low maintenance brick elevations under a slate roof and with double glazed windows. The accommodation briefly comprises of a spacious and welcoming entrance hall with attractive tiled floor, a warm and inviting dual aspect sitting room with multi fuel stove, the cavernous living / dining room with imposing hearth and views across rolling Devonshire countryside, and the expansive kitchen / breakfast room (formerly three rooms) with ceramic sink and boiling water tap set in walnut worktop with cupboards and drawers below and a range of integrated appliances including fridge and dishwasher. There is space for a range cooker, high quality wooden floors, not to mention the windows that fill this high ceilinged room with light. Rounding off the ground floor is a useful utility room with door to rear courtyard and space for further appliances, and a door off to the ever useful WC and hand basin. On the first floor are 5 well proportioned bedrooms (2 with feature fireplaces) , all offering fine country views. The master bedroom benefits from an en suite shower room and there are 2 further bath / shower rooms at either end of the landing.
The bulk of the income at North Nethercleave is derived from the four high quality holiday cottages, The Root House, Stable View, The Butter Barn and Barley Mow, which generate approximately £80,000 a year income. The cottages, currently advertised through holidaycottages.co.uk, enjoy year round occupancy and many repeat bookings and all of the cottages benefit from enclosed, courtyard style gardens. The driveway creates a separate entrance for the holiday cottages.
The Root House – A charming barn conversion which offers three bedrooms, two bath/shower rooms, vaulted ceilings and many character features. Stable View – Also featuring vaulted ceilings, this two bedroom / two bathroom cottage is cosy and comfortable. The Butter Barn – An intimate and romantic one bedroom cottage, popular with couples! Barley Mow – The only detached cottage, this two bedroom property has a pleasant decked garden. Whilst all of the cottages are holiday use restricted, Barley Mow also has permission for supported living use.
The holiday lets can be purchased fully furnished and ready to use, and are rated for business rates, attracting 100% business rates relief (no cost).
There is further income from the biomass boiler, which was installed in 2013 and provides heating and hot water to the farmhouse as well as the heating and the majority of hot water to the cottages. The boiler is accredited under the Commercial Renewable Heating incentive (via Ofgem) and receives an annual payment until 2033. The last annual payment was £14,000 and payments will increase in line with inflation.
Of particular benefit to both the holiday guests as well as the owners of North Nethercleave is the permissive right of way which gives access (and a lovely walk) across two adjoining fields to the public footpath at the top which provide walks to the river, woods and (importantly) pub!
Triple car port (25’2 x 20’1). Boiler room (24’5 x 12’7) housing biomass boiler and adjacent Storage room (17’7 x 13’4) both positioned between the stone garage and Root House. Additional outbuilding (44’4 x 18’2) located to the side of Barley Mow and considered an ideal potential games room for the cottages.
Entrance Porch
Dining Room
18' 0" x 17' 2" (5.49m x 5.23m)
Living Room
17' 2" x 14' 7" (5.23m x 4.45m)
Kitchen / Breakfast Room
21' 4" x 17' 5" (6.50m x 5.31m)
Utility Room
14' 10" x 11' 5" (4.52m x 3.48m)
Cloakroom
First Floor Landing
Bedroom One
14' 7" x 11' 6" (4.45m x 3.51m)
En-Suite
Bedroom Two
13' 6" x 8' 0" (4.11m x 2.44m)
Bedroom Three
10' 4" x 10' 4" (3.15m x 3.15m)
Shower Room
Bedroom Four
16' 10" x 9' 5" (5.13m x 2.87m)
Bedroom Five
13' 8" x 10' 3" (4.17m x 3.12m)
Family Bathroom
BARLEY MOW
Lounge / Diner
15' 5" x 14' 2" (4.70m x 4.32m)
Kitchen
13' 9" x 5' 9" (4.19m x 1.75m)
Bedroom One
12' 1" x 9' 9" (3.68m x 2.97m)
Bedroom Two
9' 9" x 9' 9" (2.97m x 2.97m)
Shower Room
7' 8" x 5' 9" (2.34m x 1.75m)
THE ROOT HOUSE
Kitchen / Dining Room
23' 6" x 15' 8" (7.16m x 4.78m)
Bedroom One
15' 8" x 11' 5" (4.78m x 3.48m)
En-Suite
6' 10" x 4' 5" (2.08m x 1.35m)
Bedroom Two
11' 7" x 8' 7" (3.53m x 2.62m)
Bedroom Three
11' 7" x 9' 8" (3.53m x 2.95m)
Bathroom
7' 2" x 6' 10" (2.18m x 2.08m)
STABLE VIEW
Hallway
Kitchen / Dining Room
16' 9" x 15' 8" (5.11m x 4.78m)
Bedroom One
15' 8" x 9' 1" (4.78m x 2.77m)
Bathroom
5' 8" x 4' 9" (1.73m x 1.45m)
Bedroom Two
11' 11" x 9' 1" (3.63m x 2.77m)
En-Suite
5' 8" x 4' 3" (1.73m x 1.30m)
THE BUTTER BARN
Kitchen
11' 4" x 9' 11" (3.45m x 3.02m)
Living Area / Bedroom
15' 8" x 7' 9" (4.78m x 2.36m)
Shower Room
5' 1" x 4' 7" (1.55m x 1.40m)
Outside
The property sits on a generous plot, accessed via driveway and has ample parking and creates a separate access for the holiday cottages. Whilst there are lawned gardens to the front of the farmhouse, the holiday cottages front an expansive area laid sensibly to stone chippings and this area also provides a 7kw electric car charger with smart card access for holiday guests. As one would expect, there are a range of useful outbuildings.
Garage
14' 9" x 8' 3" (4.50m x 2.51m) Of stone construction with double doors for access with storage barn adjacent.
Storage Barn
12' 7" x 9' 2" (3.84m x 2.79m) Offering conversion potential (STPP).
Agents Note
The property has a sewage treatment plant, installed in 2013 and surveyed in 2024.
Prospective purchasers will be asked to provide verification of finances prior to viewing.
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