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Petrockstow, Okehampton, Devon, EX20

South West

£1,350,000
Listed on 23/10/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This remarkable Devon barn conversion, set on 15.5 acres of picturesque countryside, presents an exceptional opportunity for renovation and investment while maintaining its unique charm. The property features a stunning blend of historic architecture and modern living, with the main barn carefully designed to allow easy access to both upper and lower levels from the ground. A distinctive roundhouse attached to the front adds a special character to the home, enhancing its appeal as both a residence and a potential investment property. Constructed using local stone, this barn showcases traditional thatched roofs complemented by charming dormer windows. Inside, the generous spaces are filled with warmth and period details such as exposed beams and original roof timbers. The versatile layout includes a spacious sitting room featuring a wood-burning stove and an inviting drawing room with an impressive inglenook fireplace. The roundhouse has been transformed into an additional sitting area with a vaulted ceiling, creating a perfect spot for relaxation or entertaining. The kitchen/breakfast room is well-equipped with quality appliances and offers breathtaking views thanks to windows on three sides. It seamlessly connects to the dining room and provides easy access to outdoor areas. The accommodation comprises five double bedrooms, all boasting lovely views of the surrounding landscape. The self-contained lower ground floor offers privacy options for extended family or guests, while three additional bedrooms are located on the first floor, including a principal suite with an en suite shower room. Beyond the main dwelling lies further potential for development; a two-storey barn currently has full planning consent for transformation into a self-contained annexe. Additional outbuildings include an open-fronted three-bay barn, an American-style stable block, and a large workshop—each offering various possibilities for use or enhancement. The external grounds feature manicured lawns bordered by mature trees and vibrant shrubs, along with a serene wildlife pond that enhances the property's overall aesthetic. With four well-defined enclosures suitable for livestock or other uses—combined with ample parking—the expansive land offers opportunities for agricultural ventures or leisure activities. Located within the tranquil hamlet of Aish Barton, this property benefits from proximity to local amenities in Petrockstow and Hatherleigh while being within reach of Okehampton's more extensive shopping options. Excellent transport links provide easy access to Exeter and beyond; train services from Okehampton facilitate quick journeys to Exeter St David's station in just over half an hour. With excellent schooling options nearby—both primary schools rated Good or Outstanding by Ofsted—this property is not only appealing as a home but also

Investment Analysis

(EX20 area)
Area Average
£290/sq ft
Avg Rent (weekly)
£202
Avg Yield
3.5%

Renovation Potential

Light Refurb
Est. Renovation Cost
£25,000 - £50,000
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

Petrockstow, 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
£4,945
Based on a loan of £1,012,500 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