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East Village, Crediton, Devon, EX17

South West

£2,000,000

Listed on 31/03/2026

Property details

Bedrooms
6
Type
Detached
Area
6272 sqft

Description

This Grade II listed farmhouse dates back to the 17th century, offering a compelling mix of historical charm and modern living potential across its expansive 6,200 square feet. Set on a substantial 50-acre estate in rural Devon, this property presents a unique opportunity for renovation and investment. While it boasts generous reception areas and practical spaces including a large home office and utility room, the house requires updating to realize its full potential for family life or as a multi-generational home. The first floor contains spacious bedroom suites with stunning views, alongside an unconverted annex that holds planning permission for additional living space—ideal for creating guest accommodations or personal studios. The second floor also has planning approval for further development. The estate includes multiple outbuildings, notably a restored thatched barn and versatile agricultural structures, providing opportunities for conversion into stables or leisure facilities, subject to necessary consents. The extensive grounds feature formal gardens, orchards, pastures without public access rights, and even a floodlit tennis court—all offering ample space for outdoor activities or potential agrarian projects. With its tranquil location less than ten miles from Exeter and excellent transport links, this property is well-positioned for those looking to invest in a blend of rural lifestyle and modernization efforts.

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Investment analysis

(EX17 area)

Above Market Value

This property is priced +6.8% above area average per sq ft

+6.8%
This Property
£319/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£230
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£2,060,101
10% above area average per sq ft
Potential ROI
-8.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
15
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -3.1% over the last 12 months
3 year growth: -11.2%
5 year growth: +7.1%
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

East Village, Crediton, Devon, EX17
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£7,556
Based on a loan of £1,500,000 over 30 years at 4.45% 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.

Stamp duty calculator

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