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Cheldon, Chulmleigh, Devon, EX18

South West

£900,000

Listed on 22/05/2026

Property Details

Bedrooms
5
Type
Detached
Area
2442 sqft

Description

Nestled in the tranquil hamlet of Cheldon, this period farmhouse offers a unique opportunity for those looking to invest in a property with considerable charm and renovation potential. With a generous plot of approximately 2.46 acres, this home boasts traditional stone construction under a slate roof, exuding character throughout its spacious five-bedroom layout. While the interiors feature high ceilings and an abundance of natural light, they also present opportunities for modernization and enhancement to suit contemporary living. The principal suite includes an en-suite bathroom that could benefit from updating, while the kitchen, although well-fitted with bespoke cabinetry and quality appliances, may require some refurbishment to meet modern standards. The living spaces include a charming Inglenook fireplace and exposed beams that add rustic appeal, yet could be refreshed with new décor or layout adjustments. Additionally, the property's outbuildings offer significant potential for conversion into functional spaces or even additional accommodation (subject to necessary permissions). This would allow you to capitalize on the already substantial grounds featuring extensive gardens and paddocks. Overall, Cheldon Barton represents a remarkable canvas for creating an extraordinary country residence tailored to your vision.

Investment Analysis

(EX18 area)

Above Market Value

This property is priced +33.1% above area average per sq ft

+33.1%
This Property
£369/sq ft
Area Average
£277/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£743,943
10% above area average per sq ft
Potential ROI
-27.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
2
Average per month
Market Turnover
4%
Properties sold annually

Local Market Trend (EX18)

Area prices are falling by -17.3% over the last 12 months
3 year growth: -12.1%
5 year growth: -2.7%
Investment Disclaimer: Analysis based on EX18 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

Cheldon, Chulmleigh, Devon, EX18
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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
£3,400
Based on a loan of £675,000 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.

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