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Wrigwell Lane, Ipplepen, Newton Abbot

South West

£1,395,000

Listed on 19/06/2026

Property Details

Bedrooms
6
Type
Country House
Area
2534 sqft

Description

Presenting a distinctive opportunity to acquire an expansive residential farmstead that has not been on the market for nearly a century. Nestled within around 28 acres of gently undulating pasture and grazing land, this property features a spacious detached farmhouse alongside a self-contained two-bedroom annexe. The surrounding grounds include an attractive garden linked to a wooded copse and various traditional and contemporary agricultural buildings. Located in a tranquil rural setting on the outskirts of the desirable village of Ipplepen, the estate benefits from impressive countryside vistas and ample potential for further enhancement, diversification, or redevelopment, pending required consents. The main house offers substantial and adaptable living spaces, while the annexe is ideal for accommodating extended family or generating rental income. The land is well-sectioned into paddocks, with several areas enjoying direct access to Wrigwell Lane. Conveniently situated between the historic towns of Totnes (approximately 5 miles) and Newton Abbot (around 4 miles), Wrigwell Farm boasts excellent transport links with access to mainline train services as well as comprehensive local amenities. Ipplepen itself is an active community with essential services including a health centre, school, pub, coffee shop, and recreational facilities. In addition to its captivating natural surroundings, the property includes extensive outbuildings that provide significant storage capacity and may have potential for commercial ventures or alternative development projects, subject to planning permissions.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +78.5% above area average per sq ft

+78.5%
This Property
£551/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
Target Value
£859,634
10% above area average per sq ft
Potential ROI
-46.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (TQ12)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -4.9%
5 year growth: +5.4%
Investment Disclaimer: Analysis based on TQ12 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

Wrigwell Lane, Ipplepen, Newton Abbot
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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
£5,270
Based on a loan of £1,046,250 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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