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Petrockstow, Okehampton

South West

£850,000
Listed on 29/12/2025

Property Details

Bedrooms
6
Type
Detached house

Description

This substantial Grade II listed farmhouse offers significant renovation opportunities, set within approximately 10 acres of land and a range of outbuildings. The property features two elegantly proportioned reception rooms, a spacious farmhouse kitchen/breakfast area, and six bedrooms alongside a family bathroom, all ripe for modernization. The layout includes practical spaces such as a store room, utility room, and an old dairy that can be creatively transformed. The exterior showcases a courtyard with traditional farm buildings—three of which have planning permission for conversion into residential units—providing an excellent investment avenue. The extensive grounds include paddocks and woodland, with the potential to enhance the outdoor living experience while enjoying picturesque rural views. With easy access to nearby amenities in Petrockstowe and Hatherleigh, this property stands as a promising canvas for those looking to unlock its full potential in the serene Devon countryside.

Investment Analysis

(EX20 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX20)

Area prices are stable by +0.2% over the last 12 months
3 year growth: 1.5%
5 year growth: 14.1%
Investment Disclaimer: Analysis based on EX20 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

Petrockstow, Okehampton
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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
£3,114
Based on a loan of £637,500 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