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Meavy, Yelverton, Devon

South West

£1,500,000
Listed on 31/12/2025

Property Details

Bedrooms
6
Type
Detached house
Area
4591 sqft

Description

This remarkable 16th-century farmhouse is steeped in history and offers expansive living space exceeding 4,500 square feet. Nestled in the charming Dartmoor village of Meavy, it boasts impressive character features such as original timber beams, stone mullion windows, and grand fireplaces, reflecting its Grade II* listed status. The property includes not only the main dwelling but also extensive stone-built outbuildings, totaling over 8,000 square feet, which present a significant opportunity for redevelopment or conversion into additional residential units (subject to planning permissions). On the ground floor, the generous layout provides a sitting room with a woodburning stove, a private home office, and multiple reception areas that maintain the elegance of this historic farmhouse. The kitchen retains some traditional elements alongside modern functionality and has ample space for dining. The upper levels feature six double bedrooms with versatile living arrangements including multiple bathrooms and an impressive open landing area. Outside, the grounds span approximately 1.4 acres with beautifully landscaped gardens and rolling lawns; these provide a serene setting while still offering potential for enhancement or extension. With access via a side lane leading to ample parking in a courtyard area, this property not only offers immediate charm but also long-term investment potential due to its location within Dartmoor National Park and proximity to local amenities and transport links. Given the rural backdrop coupled with development prospects from both the main house and outbuildings, this property represents a unique investment opportunity for those looking to restore or reimagine historic real estate.

Investment Analysis

(PL20 area)

Above Market Value

This property is priced +8.5% above area average per sq ft

+8.5%
This Property
£327/sq ft
Area Average
£301/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£200,000 - £400,000
Target Value
£1,521,090
10% above area average per sq ft
Potential ROI
-19.9%
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
61%
Properties sold annually

Local Market Trend (PL20)

Area prices are rising by +12.0% over the last 12 months
3 year growth: +2.1%
5 year growth: +15.0%
Investment Disclaimer: Analysis based on PL20 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

Meavy, Yelverton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£5,410
Based on a loan of £1,125,000 over 30 years at 4.06% 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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