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Bratton Clovelly, Okehampton, Devon, EX20 - Image 1
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Bratton Clovelly, Okehampton, Devon, EX20

South West

£695,000
Listed on 03/07/2025

Property Details

Bedrooms
3
Type
Detached house
Area
1775 sqft

Description

This charming rural smallholding offers a unique opportunity for renovation and investment, featuring a Grade II* listed farmhouse believed to date back to late medieval times. The property encompasses just under 36 acres of diverse land, including sprawling pasture fields and approximately 3½ acres of woodland, providing ample scope for agricultural use or potential redevelopment. The farmhouse itself, showcasing historic significance as a Hall House where livestock and residents cohabitated, presents a canvas for modernization. Inside, the layout includes an entrance porch leading to functional spaces such as a quaint kitchen equipped with essential units and fixtures. The sitting room boasts an inglenook fireplace with intricate wooden carvings, while the dining room features another inglenook with a cloam oven, giving glimpses into the home’s rich history. A ground-floor bathroom adds convenience to this three-bedroom residence. Surrounding the farmhouse are various outbuildings arranged in a loose L-shape. These include cob and stone barns, a pole barn suitable for storage or garaging, and additional structures that may serve various agricultural needs or be repurposed for other uses. Their proximity to the main building allows for easy access while presenting opportunities for further development. The grounds are mainly laid out as picturesque gardens to the rear, offering a blend of lawn space intermixed with flower beds and raised vegetable patches. Mature trees and shrubs provide privacy along with an established soft fruit orchard and apple orchard in the lower garden area. The extensive land offers potential for livestock grazing or hay production thanks to its mostly level terrain divided into manageable enclosures. The presence of natural hedgerows enhances both aesthetics and habitat diversity on the property. As a freehold offering with vacant possession upon completion, this property is well-positioned within its local community. Its historical significance combined with its substantial land area enhances its investment potential—ideal for those looking to restore it while capitalizing on future growth in this evolving rural landscape.

Investment Analysis

(EX20 area)

Above Market Value

This property is priced +35.0% above area average per sq ft

+35.0%
This Property
£392/sq ft
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
Target Value
£566,323
10% above area average per sq ft
Potential ROI
-30.5%
After renovation
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

Bratton Clovelly, Okehampton, Devon, EX20
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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
£2,546
Based on a loan of £521,250 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