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Seven Crosses, Tiverton

South West

£675,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Detached
Area
1622 sqft

Description

This small farm, nestled in a picturesque spot near Tiverton, boasts 23 acres of land with breathtaking views over the Exe Valley. The characterful detached house presents an opportunity for modernisation, featuring four bedrooms and various original features like an inglenook fireplace and wood-burning stove. The property includes gardens, an outbuilding suitable for storage or animals, and a separate garage. The surrounding pasture land is ideal for those interested in equestrian activities or livestock farming. Mogridge Farm's combination of accessibility to Tiverton's amenities and its rural charm makes it a compelling investment for those looking to develop or enhance a rural property. The house has rendered walls under a clay tile roof and benefits from mostly uPVC double glazing, though some updating is needed throughout. With accommodation comprising a kitchen, shower room with walk-in shower, office space, and four bedrooms (three large enough for doubles), there is significant potential to reconfigure the layout for better functionality. The outdoor spaces include sloped fields and wooded areas that could be utilised creatively, In summary, Mogridge Farm offers the perfect blend of rural living with renovation possibilities that could realize its full potential.

Investment Analysis

(EX16 area)

Above Market Value

This property is priced +41.6% above area average per sq ft

+41.6%
This Property
£416/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£227
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£524,466
10% above area average per sq ft
Potential ROI
-32.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -11.3% over the last 12 months
3 year growth: -13.0%
5 year growth: -2.3%
Investment Disclaimer: Analysis based on EX16 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

Seven Crosses, Tiverton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,391
Based on a loan of £506,250 over 30 years at 3.91% 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.

Price History

-2.9% since listed
£675,000£20,000(-2.9%)
11/01/2026
Current price
£695,000Initial listing
16/03/2025

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