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11 Acres with Off-Grid Chalet and Agricultural Potential – Near Cheriton Bishop, Devon

South West

£425,000

Listed on 24/06/2026

Property Details

Bedrooms
2
Type
Smallholding
Area
850 sqft

Description

This property presents a unique opportunity in the serene Devon countryside, encompassing approximately 11 acres of natural woodland and paddocks. Ideally positioned near Dartmoor National Park, this site is not only tranquil but also offers significant potential for development. The existing two-bedroom timber chalet is designed for comfortable off-grid living, powered by solar energy and equipped with a private borehole water supply. It features a cozy log-burning stove and bottled gas heating, providing essential amenities amid nature. For those interested in agricultural pursuits or equestrian activities, this land could serve as an ideal setting for small-scale farming, subject to the necessary consents. Although planning permission for an agricultural barn was granted in 2022 (now expired), it indicates the property's potential for future developments through reapplication. Additionally, the chalet currently has planning permission as a temporary agricultural dwelling requiring an Agricultural Occupancy Condition. With two yard areas available for substantial parking and storage – accommodating up to 20 vehicles – this property stands out as not just a peaceful retreat but also a smart investment opportunity. Its proximity to Exeter and local amenities ensures that whilst secluded, it remains practical and accessible. The nearby village of Cheriton Bishop offers additional charm and convenience for daily needs.

Investment Analysis

(EX6 area)

Above Market Value

This property is priced +42.0% above area average per sq ft

+42.0%
This Property
£500/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£329,214
10% above area average per sq ft
Potential ROI
-34.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX6)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -10.3%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on EX6 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

11 Acres with Off-Grid Chalet and Agricultural Potential – Near Cheriton Bishop, Devon
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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
£1,606
Based on a loan of £318,750 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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