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Christow, Exeter, Devon, EX6

South West

£900,000
Listed on 13/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
3101 sqft

Description

Nestled within the scenic Teign Valley, this Grade II listed farmhouse, Reed Farm, presents a unique opportunity for those looking to invest in a property with rich historical character and substantial renovation potential. Spanning approximately 8.31 acres, the farm features traditional and contemporary outbuildings that enhance its versatility. Constructed in the late medieval period using rendered cob on stone footings and topped with a slate roof, Reed Farmhouse has seen thoughtful alterations over the decades, particularly in the 1970s. While it retains numerous historic elements, it is primed for updates. In 2019, planning and listed building consent were granted for significant enhancements: new windows have already been installed, and there are approved plans for a kitchen extension and reconfiguration of the internal layout—providing an excellent starting point for further modernisation. The interior boasts spacious living areas ideal for family life. The generous ground floor flows seamlessly from a charming cross passage hall—a highlight being the dual-aspect sitting room adorned with a large inglenook fireplace featuring a wood-burning stove. Adjacent is a study with French doors leading to the garden, creating an inviting workspace. The main reception area serves dual purposes as both dining and sitting space, while the well-appointed kitchen/breakfast room offers picturesque views across the valley toward local landmarks. The first floor comprises five uniquely styled bedrooms, accommodating various family needs and guest arrangements. Current provisions include one bathroom and an additional WC; however, proposed renovations allow for an en-suite facility in one of the bedrooms—further enhancing its appeal. Outside, multiple outbuildings provide considerable flexibility for agricultural use or storage, with potential for alternative uses subject to planning permission. The surrounding fields offer privacy and have previously supported grazing and leisure activities but can also serve conservation purposes. The location of Reed Farm is another key asset. Tucked away yet conveniently positioned near amenities in Christow—just 0.8 miles away—residents can enjoy access to local shops, recreational facilities including a tennis club, primary school services, and a welcoming village pub. Nearby towns Dunsford and Chudleigh each provide essential services within five miles’ reach. Reed Farm lies near Dartmoor National Park’s boundary, renowned for its breathtaking landscapes and outdoor recreational opportunities such as hiking and cycling—including river activities along the nearby Teign River—which flows into Teignmouth just half a mile away. For more extensive urban amenities including shopping and educational options, Exeter is just ten miles northeast. Accessibility is

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -16.9% below area average per sq ft

-16.9%
Potential saving
This Property
£290/sq ft
Area Average
£349/sq ft
Avg Rent (weekly)
£285
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,190,644
10% above area average per sq ft
Potential ROI
+19.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX6)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -8.7%
5 year growth: 9.7%
Investment Disclaimer: Analysis based on EX6 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

Christow, Exeter, Devon, EX6
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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
£3,297
Based on a loan of £675,000 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