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Neopardy, Crediton, Devon, EX17

South West

£750,000
Listed on 10/03/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2335 sqft

Description

This Grade II listed former mill house offers a unique opportunity for renovation and investment in the picturesque rural setting of Neopardy. Nestled on the edge of a small hamlet, this property boasts approximately 12.25 acres of land, including gardens, pasture, and river frontage along the charming River Yeo. The residence comprises an entrance hall leading to both a drawing room and a sitting room, along with a spacious kitchen and breakfast area. There are four bedrooms, including a main suite with its own bathroom and two additional bedrooms with en-suites. With historical character features such as open fireplaces and exposed beams throughout, this home retains much of its original charm dating back several centuries. In addition to the living space, the property includes adjoining stone barns which present an excellent opportunity for redevelopment or conversion into additional living quarters or leisure facilities. The expansive grounds also feature stabling for equestrian activities and could be utilized for various agricultural purposes. Though the property has been well-loved for nearly three decades, it is now in need of modernisation to realise its full potential. The location offers easy access to local amenities in nearby Crediton and is just a short drive from Exeter and Dartmoor National Park, making it ideal for those seeking both tranquility and connectivity. This property represents not only a home but a chance to create something truly special in a sought-after area.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +7.1% above area average per sq ft

+7.1%
This Property
£321/sq ft
Area Average
£300/sq ft
Avg Rent (weekly)
£259
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£770,422
10% above area average per sq ft
Potential ROI
-7.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
18
Average per month
Market Turnover
32%
Properties sold annually

Local Market Trend (EX17)

Area prices are stable by -1.9% over the last 12 months
3 year growth: -12.7%
5 year growth: +6.9%
Investment Disclaimer: Analysis based on EX17 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

Neopardy, Crediton, Devon, EX17
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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
£2,705
Based on a loan of £562,500 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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