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Petrockstow, Okehampton, Devon, EX20

South West

£1,350,000
Listed on 29/12/2025

Property Details

Bedrooms
5
Type
Detached house

Description

Old Aish Barn is a historically significant barn conversion nestled in the tranquil Devon countryside, offering an expansive 15.5 acres of land with immense potential for further development. This charming property, constructed from local stone and featuring distinctive thatched roofs with eyebrow dormer windows, showcases the heritage of traditional Devon architecture while inviting modern upgrades. The main residence boasts spacious interiors filled with character, including exposed beams and a welcoming wood burning stove in the sitting room. The layout provides flexibility, with five double bedrooms and a self-contained lower ground floor ideal for guest accommodation or rental income. Notably, the property includes a two-storey barn that currently has planning consent for use as an annexe, making it perfect for creating additional living space or holiday rentals. Outdoor areas are well-maintained, providing ample opportunity for landscaping or agricultural endeavors on the surrounding grounds. Located near the quaint village of Petrockstow and just a short drive to Hatherleigh and Okehampton, residents will enjoy both rural peace and convenient access to essential amenities. With nearby schools receiving good ratings and excellent transport links to Exeter and London, this property is not only a serene retreat but also an investment opportunity catering to various lifestyle needs.

Investment Analysis

(EX20 area)
Area Average
£289/sq ft
Avg Rent (weekly)
£187
Avg Yield
3.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -4.0% over the last 12 months
3 year growth: +0.8%
5 year growth: +11.2%
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 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£4,869
Based on a loan of £1,012,500 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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