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Cheriton Farm, Honiton, EX14

South West

£250,000
Listed on 20/02/2026

Property Details

Bedrooms
4
Type
Detached house

Description

This traditional agricultural building presents a compelling opportunity for transformation, with full planning permission (ref: 24/0433/FUL) already secured for its conversion into a spacious four-bedroom residence spanning approximately 2,583 sq ft (240 sqm). The proposed design aims to harmoniously merge the rustic charm of the original structure with modern living requirements. Plans include three ensuite bedrooms and an additional double bedroom, complemented by an expansive open-plan kitchen, dining, and living area. The ground floor is thoughtfully laid out to feature a lounge, utility room, and dedicated home office space. A carefully designed timber-framed extension will further enhance the property’s character while maintaining its historical essence. Notably, significant preparatory work has been accomplished under previous planning considerations (20/0199/FUL), addressing crucial aspects such as archaeology and landscaping. An approved private access road will provide an elegant approach to the property. This barn conversion not only offers the chance to create a personalized family home in the serene East Devon countryside but also holds potential for expansion—there may be opportunities (subject to approvals) to integrate with Lot 2, resulting in an expansive single dwelling. Situated in Lower Cheriton, this property benefits from excellent connectivity; major routes like the A30 and M5 are easily accessible, while Exeter Airport and Tiverton Parkway ensure convenient travel options to various destinations including London Paddington in just under two hours and thirty minutes. Residents will also appreciate the proximity to the exquisite Jurassic Coast, recognized as a UNESCO World Heritage site.

Investment Analysis

(EX14 area)
Area Average
£325/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
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
25%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by -7.2% over the last 12 months
3 year growth: -9.1%
5 year growth: +8.4%
Investment Disclaimer: Analysis based on EX14 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

Cheriton Farm, Honiton, EX14
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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
£902
Based on a loan of £187,500 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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