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West Hook Farm, Okehampton

South West

£1,500,000
Listed on 01/03/2026

Property Details

Bedrooms
6
Type
Detached house

Description

West Hook Farm presents a rare opportunity for investors and renovators, featuring a substantial seven-bedroom farmhouse in need of comprehensive restoration. This traditional property includes two bathrooms and an array of spacious reception areas, ideal for creating a family home or retreat. In addition to the main residence, the estate encompasses various outbuildings including a large chaff house, threshing barn, and multiple pole barns—all of which require attention but hold significant potential for redevelopment. Spanning approximately 160 acres of mixed farmland alongside 27 acres of woodland, this property offers extensive agricultural possibilities and stunning views over Dartmoor. The gently sloping land is easily accessible via an internal stone track and is well-suited for diverse farming activities or leisure development. The presence of mains electricity and private water supply helps facilitate immediate use while renovations are planned. Given the scale of work ahead, West Hook Farm represents an enticing project for those looking to make their mark in this picturesque Devon setting.

Investment Analysis

(EX20 area)
Area Average
£287/sq ft
Avg Rent (weekly)
£193
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£300,000 - £500,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -4.4% over the last 12 months
3 year growth: +2.4%
5 year growth: +7.9%
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

West Hook Farm, Okehampton
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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
£5,410
Based on a loan of £1,125,000 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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