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Whimple, Exeter

South West

£5,000,000

Listed on 10/07/2026

Property details

Bedrooms
N/A
Type
Land

Description

Pithayes Farm is a significant agricultural holding with substantial renovation and development potential, situated on the southern edge of the desirable village of Whimple. The property features a detached five-bedroom farmhouse in need of modernisation, alongside a courtyard of traditional brick barns that previously had planning consent for conversion into residential units. With approximately 171 acres of productive Grade 3 arable land and an extensive range of modern agricultural buildings—including those equipped with rooftop photovoltaic panels—this offering presents numerous possibilities for diversification or change of use, subject to obtaining the necessary planning permissions. The farmhouse itself provides ample accommodation but requires refurbishment to unlock its full potential. Additionally, the farm’s location enjoys excellent transport links and local amenities, making it an attractive proposition for both residential and commercial ventures in the future. This property not only offers immediate short-term income through existing tenancies but also promises significant long-term value enhancement through redevelopment efforts.

Investment analysis

(EX5 area)
Area Average
£335/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.7%

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
23
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX5)

Area prices are stable by -1.1% over the last 12 months
3 year growth: -2.3%
5 year growth: +6.3%
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
£18,889
Based on a loan of £3,750,000 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.

Stamp duty calculator

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

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