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Whimple, Exeter

South West

£6,450,000

Listed on 16/06/2026

Property Details

Bedrooms
12
Type
Land

Description

Pithayes Farm is an expansive agricultural property situated on the edge of the desirable village of Whimple. This unlisted detached farmhouse features five bedrooms and presents a significant opportunity for modernization and renovation, making it ideal for those looking to invest in a property with potential. The traditional brick barns surrounding the farmhouse offer promising prospects for conversion into residential units, subject to obtaining the necessary planning permissions. The modern agricultural buildings, equipped with rooftop photovoltaic panels, are also capable of supporting various commercial uses or further development. With approximately 164 acres of productive arable land available, buyers can explore multiple avenues for generating income or diversifying uses. The farmhouse itself requires comprehensive updating to unlock its full potential, including modernization of internal spaces such as the kitchen and bathrooms. Additionally, since some existing building leases are set to expire in 2027, there is the possibility of securing vacant possession in the medium term. Overall, Pithayes Farm combines immediate rental income opportunities with an advantageous position for future development and diversification.

Investment Analysis

(EX5 area)
Area Average
£334/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£200,000 - £300,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.6%
Investment Disclaimer: Analysis based on EX5 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

Whimple, Exeter
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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
£24,367
Based on a loan of £4,837,500 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

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

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