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Stockleigh Pomeroy, Crediton, Devon

South West

£1,150,000
Listed on 02/04/2026

Property Details

Bedrooms
6
Type
Equestrian Facility
Area
2831 sqft

Description

This expansive farmhouse presents a remarkable investment opportunity, featuring over 2,800 sq ft of living space divided into two distinct units. The property includes not only residential accommodations but also a thriving commercial aspect with a restaurant/café, retail shop with treatment rooms, and ample equestrian facilities. With planning permission already secured for the construction of three additional lodges on the grounds, this site is ripe for further development and business expansion. The main dwelling boasts an inviting layout that merges spaciousness with cozy charm, including a bright sitting room with a feature fireplace and an adjoining study perfect for working from home. The contemporary kitchen showcases modern amenities alongside a charming vaulted ceiling, while three double bedrooms provide comfortable sleeping quarters, one with an en suite. The adjoining annexe serves as an independent living space or guest accommodation and comes complete with its own kitchen, sitting room, and three additional bedrooms. This versatile setup could be reverted to create a large family residence or maintained as separate living quarters for extended family or rental income. Commercially, the existing restaurant building features a full commercial kitchen and multiple dining areas designed to leverage the outstanding views of the surrounding Mid Devon countryside. The property also offers substantial outdoor space with beautifully landscaped gardens and extensive fields totaling approximately 11.35 acres—ideal for grazing or recreational use. Located in a secluded area yet conveniently close to local amenities in nearby Crediton and Tiverton, this property represents both lifestyle appeal and significant earning potential through various business avenues. The current owners are exploring opportunities for changing the use of some commercial elements which could enhance returns even further.

Investment Analysis

(EX17 area)

Above Market Value

This property is priced +36.0% above area average per sq ft

+36.0%
This Property
£406/sq ft
Area Average
£299/sq ft
Avg Rent (weekly)
£246
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£930,026
10% above area average per sq ft
Potential ROI
-28.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by -4.3% over the last 12 months
3 year growth: -12.7%
5 year growth: +5.5%
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

Stockleigh Pomeroy, Crediton, Devon
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£4,073
Based on a loan of £862,500 over 30 years at 3.91% 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

This calculation uses non-residential (land/commercial) tax rates.

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