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Combe Raleigh, Honiton

South West

£1,350,000

Listed on 03/06/2026

Property Details

Bedrooms
6
Type
Detached
Area
5339 sqft

Description

This Grade II Listed farmhouse, dating back to the early 16th century, presents an intriguing opportunity for renovation in a picturesque setting within the Blackdown Hills National Landscape. Nestled on just under 14 acres of land, this property features extensive stone outbuildings and stables that offer potential for agricultural or residential development, pending appropriate consents. The farmhouse boasts a wealth of historical architecture including charming stone fireplaces, exposed beams, and original window detailing. However, modernization is required as some UPVC windows were installed without listed building consent. Currently configured into two distinct living spaces, the main residence provides multiple reception areas and four bedrooms alongside a versatile annexe with kitchenette and separate shower facilities. The exterior includes a spacious barn that can be repurposed and a stable yard with additional storage options. The tranquil rural location provides scope for both private enjoyment and investment potential in farm diversification or holiday let opportunities. Accessed via a shared drive, the expansive grounds offer delightful views over rolling farmland while being conveniently located near Honiton's amenities and transport links.

Investment Analysis

(EX14 area)

Below Market Value

This property is priced -23.2% below area average per sq ft

-23.2%
Potential saving
This Property
£253/sq ft
Area Average
£329/sq ft
Avg Rent (weekly)
£229
Avg Yield
3.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£1,932,478
10% above area average per sq ft
Potential ROI
+20.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX14)

Area prices are falling by -9.2% over the last 12 months
3 year growth: -11.5%
5 year growth: +1.0%
Investment Disclaimer: Analysis based on EX14 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

Combe Raleigh, Honiton
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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
£5,100
Based on a loan of £1,012,500 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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