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Stockland, Honiton

South West

£1,850,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3269 sqft

Description

This Grade II* listed Devon farmhouse, set in a serene valley, presents a unique opportunity for renovation and investment. With just under 3 acres of land, including attractive outbuildings and a guest annexe, this property offers significant potential for development. Built prior to 1263, Townsend Farmhouse is one of the oldest surviving homes in the South West, featuring original architectural details like large inglenook fireplaces and exposed timber beams that can be preserved or enhanced during renovations. The farmhouse includes three spacious reception rooms and an authentic kitchen with a four-oven AGA. The first floor accommodates five bedrooms with potential for reconfiguration and modernisation of the two bathrooms. The nearby barns provide further opportunities; notably, a Grade II listed threshing barn could be adapted for various uses or converted into additional living spaces, subject to necessary permissions. Potential developments could also involve the wagon barn that has already secured planning permission for conversion into a three-bedroom holiday let—ideal for rental income or as a retreat. The expansive grounds include maintained gardens, meadows, and an orchard that could be enhanced or diversely landscaped to add value. Overall, with its rich historical backdrop and multiple usable structures on site, this property embodies considerable investment opportunities within the sought-after village of Stockland.

Investment Analysis

(EX14 area)

Above Market Value

This property is priced +74.4% above area average per sq ft

+74.4%
This Property
£566/sq ft
Area Average
£324/sq ft
Avg Rent (weekly)
£282
Avg Yield
4.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,166,690
10% above area average per sq ft
Potential ROI
-44.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by +2.1% over the last 12 months
3 year growth: -1.9%
5 year growth: 14.2%
Investment Disclaimer: Analysis based on EX14 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

Stockland, Honiton
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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
£6,777
Based on a loan of £1,387,500 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