Water reservoir converted into four-bedroom home for sale

By Isobel Williams

This unique four-bed home — a converted subterranean water reservoir — could be yours for less than the price of a London flat.

The stunning property in Barnstaple, Devon, is being auctioned with a guide price of between £400,000 (more than $500,000) and £450,000 (more than $600,000).

Previously a Victorian period reservoir, it now boasts large arched brick ceilings over a reception hall as well as a kitchen, a sitting room, a utility room and three bathrooms.

There is also lots of outdoor space, with over half an acre of countryside, two garages, and a Mediterranean-style brick-floored courtyard.

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The home is for sale by public auction and via livestream June 18 at 2 p.m. at Digby Hall in Sherborne, Dorset.

Auctioneers Jackson-Stops wrote: "An absolutely stunning and characterful four bedroomed conversion of a Victorian reservoir.

"A simply astounding and versatile detached three/four bedroomed home in over half an acre with a glorious outlook and views over the townscape to the River Taw."

According to MoneyWeek, the average sold price for a flat or maisonette in London as of February was £420,635 (more than $550,000).