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Petrockstowe, Okehampton

South West

£850,000
Listed on 14/02/2026

Property Details

Bedrooms
6
Type
Detached house

Description

This substantial Grade II listed farmhouse, originally from the early C17, boasts historic charm and significant renovation potential. Set in a rural setting on the outskirts of Petrockstowe, this detached farmhouse offers expansive accommodation with two reception rooms, a farmhouse kitchen/breakfast area, and six bedrooms upstairs alongside a family bathroom. The property is surrounded by approximately 10 acres of land that includes pasture paddocks and an area of woodland, providing diverse outdoor opportunities. The courtyard brings access to numerous outbuildings that hold great redevelopment possibilities; planning permission was previously granted for various barn conversions—one of which is partially underway, while other permissions could be re-instated subject to consent. With its attractive countryside views and proximity to local amenities in nearby Hatherleigh and Okehampton, this property presents an excellent opportunity for those looking to invest in a renovation project that can enhance both its functionality and value. As it stands, some areas require updating, particularly the bedroom accessed from a secondary staircase and the potential en suite facilities in the principal bedroom.

Investment Analysis

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

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £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

Petrockstowe, Okehampton
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£3,066
Based on a loan of £637,500 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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