International real estate advisor Savills has launched the sale of Broomhill Estate in Muddiford, near Barnstaple, North Devon, on behalf of NAKO Modular, for a guide price of £1.15 million. The freehold estate presents a rare redevelopment opportunity.
Previously operating as a seven-bedroom hotel with a restaurant, bar, lounge and conference facilities, the 18-acre estate has mature gardens, open meadows and established woodland. The grounds also feature a tennis court and scenic walking trails, offering potential to support future residential or leisure development, subject to planning permission.
The property includes spacious owners’ accommodation in the East Wing, comprising a kitchen, two lounges and two bedrooms. The accommodation benefits from both private external access and internal access to the main hotel, making it ideal for live-in operators or suitable for reconfiguration.
Pre-application feedback from North Devon Council supports returning the former hotel to residential use. Subject to planning, up to nine units may be delivered through conversion alone, including the existing hotel and two outbuildings. This creates a potential fallback position for redeveloping the site with nine new build units.
For those looking to reinstate the hotel, North Devon Council has confirmed via a separate pre-app that they are supportive of increasing the number of letting rooms within the existing building; introducing new lodges within the grounds; and adding additional amenities such as a spa and gym.
Accessed via a tree lined driveway, the estate is 1.2 miles from the A39 and 4.7 miles from the A361 North Devon Link Road, providing quick access to the M5 at Tiverton. Barnstaple train station is 3.8 miles away, while Exeter Airport is 48 miles to the south.
Harriet Fuller, Associate Director, Savills Hotel Capital Markets, says, “The Broomhill Estate offers strong value add potential, whether through reinstating the hotel or pursuing residential conversion in a sought-after part of North Devon. Hotel investment in the South West totalled over £147 million in the first half of 2025, a 95% increase on the whole of 2024, reflecting rising investor demand for assets outside London and the South East. As a result, we anticipate high levels of interest in this unique opportunity.”