Initial price	£1,150,000
06/08/25	£975,000
Price Change	-15.22%

This former boutique hotel, known as Broomhill Estate, is situated in a picturesque valley setting on the outskirts of Barnstaple, just 3 miles from the town center and 9 miles from the North Devon coastline. The property offers 7 en-suite bedrooms, a 2-bedroom cottage, and a self-contained 1-bedroom cabin, set amidst 17.7 acres of gardens, grounds, and woodland leading down to a stream. The property has a rich history, having been a licenced wedding venue and featuring an outdoor swimming pool and tennis court. The grounds are a unique selling point, with paths leading down to the pond and stream, and there is potential to build lodges within the grounds or convert the studio building into an additional holiday letting cottage or restaurant. The property is well-located for exploring the North Devon coastline, Exmoor National Park, and the surrounding towns and villages, making it an ideal location for a large holiday letting business specializing in group bookings.