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Near Shebbear

South West

£600,000
Listed on 09/01/2026

Property Details

Bedrooms
4
Type
Detached
Area
1353 sqft

Description

This secluded small farm presents an exciting opportunity for investors and renovators looking to tap into potential in the heart of Devon. Spanning 9.22 acres, the property includes a traditional four-bedroom farmhouse ripe for renovation, along with two barns that come with planning consent for conversion into residential homes. The main dwelling offers a charming south-facing aspect but requires considerable improvement to meet modern living standards. The location is serene, situated in the quaint hamlet of Gidcott surrounded by picturesque rolling fields and the distant Dartmoor National Park peaks. Nearby, the village of Shebbear (just 2 miles away) provides essential amenities such as a shop, pub, and school, while the larger market town of Holsworthy (7 miles) boasts a wider variety of shops including a Waitrose supermarket. This small-holding not only provides ample space for agricultural or leisure activities across its three grass fields but also includes various structures that can be converted to enhance its residential appeal. Given its freehold status and potential for further development, this property is ideal for those eager to invest in rural living with significant upside potential.

Investment Analysis

(EX22 area)

Above Market Value

This property is priced +43.0% above area average per sq ft

+43.0%
This Property
£443/sq ft
Area Average
£310/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£461,671
10% above area average per sq ft
Potential ROI
-45.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX22)

Area prices are stable by +0.6% over the last 12 months
3 year growth: -18.9%
5 year growth: +3.5%
Investment Disclaimer: Analysis based on EX22 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

Near Shebbear
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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
£2,125
Based on a loan of £450,000 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

Price History

-33.0% since listed
£600,000£100,000(-14.3%)
11/03/2026
Current price
£700,000£195,000(-21.8%)
05/03/2026
£895,000Initial listing
10/01/2026

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