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East Village, Crediton, Devon, EX17 - Image 1
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East Village, Crediton, Devon, EX17

South West

£2,000,000
Listed on 24/06/2025

Property Details

Bedrooms
6
Type
Detached house
Area
6272 sqft

Description

This Grade II listed farmhouse, dating back to the 17th century, presents a unique opportunity for those seeking a substantial renovation project or a long-term investment in the heart of Devon's countryside. Set amidst 50 acres of private land, this property offers both charm and potential, situated in an idyllic rural environment just under 10 miles from Exeter. The main residence boasts over 6,200 square feet of living space spread across three floors, featuring a blend of historical character and opportunities for modern updates. The ground floor consists of generous reception areas including a reception hall that currently serves as a dining space, along with a formal drawing room enhanced by large sash windows. The kitchen, equipped with a traditional oil-fired AGA, leads into an inviting sitting room with views over the expansive gardens. A games room provides additional recreational space while practical elements like the utility room and pantry support day-to-day living. On the first floor, the layout includes two principal suites at either end of the house that take advantage of scenic views. Three additional bedrooms, along with a family bathroom and dressing room, offer ample accommodation for families or guests. Notably, there is also an unconverted annex connected to the residence that has planning permission for modernization into further living spaces—a potential area perfect for generational living or rental income. The second floor features another bedroom and bath along with extensive loft space that holds planning approval for yet another bedroom—allowing for significant growth in usable living area. The property's diverse outbuildings enhance its appeal significantly. These include a historic thatched barn recognized as Grade II listed alongside several traditional cob and stone structures that could be converted into additional accommodation or leisure spaces (subject to necessary permissions). The current configurations lend themselves well to equestrian activities or workshops given their size and location. Surrounding the home are beautifully landscaped gardens that encompass formal lawns and thriving orchards. The grounds are complemented by tranquil meadows leading to a wildlife pond—providing both privacy and natural beauty without public footpaths traversing the land. Located near vibrant towns such as Crediton and Tiverton, with Exeter less than 10 miles away providing transport links to London Paddington in about two hours, this property is not only secluded but also conveniently accessible. The nearby area is known for its scenic walks and cycle routes through picturesque landscapes as well as reputable schools—making it an attractive choice for families looking to reside in this serene setting. Dira Barton represents not just a home but an investment in potential—a canvas awaiting

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +5.1% above area average per sq ft

+5.1%
This Property
£319/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£237
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£250,000 - £400,000
Target Value
£2,093,217
10% above area average per sq ft
Potential ROI
-12.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -11.7%
5 year growth: 10.9%
Investment Disclaimer: Analysis based on EX17 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

East Village, Crediton, Devon, EX17
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£7,327
Based on a loan of £1,500,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE