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Wellsprings Lane, Sampford Courtenay, Okehampton

South West

£725,000

Listed on 21/07/2026

Property details

Bedrooms
4
Type
Detached
Area
1822 sqft

Description

Nestled in the picturesque Mid Devon village of Sampford Courtenay, this four-bedroom detached farmhouse presents a significant renovation opportunity for those looking to create their dream rural residence. The property encompasses approximately 1,822 sq ft of living space, which includes a spacious entrance hall, a generous sitting room, dining room, kitchen, utility room, study, and four well-sized bedrooms on the first floor—including a principal bedroom with an en-suite bath. While the structure shows signs of care over the years, it requires modernisation to fully realise its potential as an inviting family home tailored to personal tastes. Additionally, this farmhouse is complemented by extensive outbuildings that include a sizeable cattle barn and stables, offering excellent storage options or agricultural use ideal for smallholders or equestrian enthusiasts. The accompanying 7.65 acres of level pasture land provide ample opportunities for grazing or other rural activities. The tranquil setting of Sampford Courtenay allows residents to enjoy the scenic beauty while also being conveniently close to Okehampton and access routes like the A30. The community boasts historical charm and local amenities including shops and eateries within easy reach. This property combines agricultural versatility with residential potential—making it a rare find in today’s market and an exceptional investment opportunity for those wanting to invest in countryside living.

Investment analysis

(EX20 area)

Above Market Value

This property is priced +37.8% above area average per sq ft

+37.8%
This Property
£398/sq ft
Area Average
£289/sq ft
Avg Rent (weekly)
£195
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£70,000 - £100,000
Target Value
£578,813
10% above area average per sq ft
Potential ROI
-29.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
5%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -3.2%
5 year growth: +4.3%
Investment Disclaimer: Analysis based on EX20 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

Wellsprings Lane, Sampford Courtenay, Okehampton
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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
£2,739
Based on a loan of £543,750 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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