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Sampford Peverell, Devon, EX16

South West

£625,000
Listed on 29/03/2026

Property Details

Bedrooms
6
Type
Detached
Area
2479 sqft

Description

Morrells Farmhouse, a distinguished Grade II Listed property, presents a rare opportunity for those looking to invest in a character-rich residence with significant renovation potential. Currently configured as two separate living spaces, this farmhouse could easily be reverted back to its original layout as a single dwelling if desired. Nestled in the heart of Sampford Peverell, it boasts ample off-road parking, including a capacious carport and a substantial stone-built outbuilding that holds potential for conversion into additional living or working space, subject to the necessary permits. The expansive gardens are well-established and offer various outdoor areas, from productive vegetable patches to landscaped flowerbeds, ideal for both relaxation and cultivation. Internally, the property features charming details such as original parquet flooring and sash windows providing natural light throughout. With modernisation considerations in mind, refurbishing the interiors could enhance its appeal while preserving historical elements. The location benefits from local amenities and proximity to Exeter and Tiverton for further conveniences, making this property not just a home but also an investment that could yield rental income or future value appreciation.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -13.8% below area average per sq ft

-13.8%
Potential saving
This Property
£252/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£797,755
10% above area average per sq ft
Potential ROI
+7.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -10.2% over the last 12 months
3 year growth: -13.0%
5 year growth: -1.5%
Investment Disclaimer: Analysis based on EX16 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

Sampford Peverell, Devon, EX16
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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
£2,254
Based on a loan of £468,750 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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