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Hewish Mill Holiday Cottages in Muddiford has been put up for sale with a £2m guide price.
The freehold property in North Devon includes a three-bedroom farmhouse and five renovated, income-producing cottages set within 4.6 acres.
The estate, a former water mill dating to 1751, has been refurbished in recent years while retaining period features. The cottages, each with private gardens, reopened at full capacity in April 2024 following investment by the current owners. The business has traded for one year, and there is potential to convert existing barns – subject to planning – including the Old Stables and the Old Dairy, which has lapsed consent for a two-bedroom unit.
Other features include a stable block with tack room, paddocks currently used as a secure dog-walking area, woodland with a stream and a large agricultural barn. The property also has an EV charging point.
Miranda Ashcroft, Savills Hotel Capital Markets who is handling the sale, said: “This is an exceptional lifestyle and investment opportunity. Hewish Mill is beautifully presented, in a peaceful location just three miles from Exmoor National Park and within 25 minutes of some of England’s finest beaches.
“Signs of recovery have emerged in the domestic tourism market in the first half of 2025, as trips rose by 16.3% compared to the same period in 2024, suggesting the domestic tourism market may be turning a corner. Additionally, this seems to be translating into increased spend, which is +5.6% up across the market compared to 2022 in real terms. We expect strong interest in this unique offering.”
The owners added: “Hewish Mill has been our tranquil sanctuary and truly is a special property. We have thoroughly enjoyed our time here and hope the next owners will appreciate the unique character the property has to offer.”
