Knowstone, South Molton, Devon, EX36
South West
£1,100,000
Listed on 28/07/2026
Listed on 28/07/2026
The listing
Property details
Bedrooms
5Type
DetachedArea
4059 sqftFeatures
- Garden
Description
This unique smallholding offers a rare investment opportunity nestled within the stunning Devon countryside. Comprising approximately 63 acres, this property features a traditional Grade II listed farmhouse with five to six bedrooms, showcasing historical character and charm but requiring substantial modernization to maximize its potential as a family home or rural enterprise. The farmhouse boasts original features such as exposed beams and an inglenook fireplace, providing a solid foundation for sympathetic renovation. In addition, a range of adaptable farm buildings hold considerable promise for diverse agricultural or equestrian uses, pending necessary planning permissions. The surrounding land includes productive pastures and areas of woodland, contributing to the property's versatility for multiple lifestyle options. With its secluded location yet ease of access to local amenities and transport links, East Kidland presents an exceptional candidate for those looking to create their dream rural retreat or income-generating smallholding.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
62out of 100
Grade CPotential opportunity
Confidence: MEDIUM
East Kidland’s standout appeal is the setting and scale: a character Grade II Listed farmhouse within a private 63-acre smallholding, with pasture, woodland, stream frontage and traditional farm buildings. The farmhouse is usable but would benefit from light modernisation; exposed beams and an inglenook give the reception rooms a strong period character, while the bathroom is dated. That offers scope to refresh the house while retaining its historic features.
At £1.1m, the asking price is about £271/sq ft, around 4.5% below the local average of £284/sq ft, so the price comparison is a modest positive. The overall score is a C: the property’s fundamentals and rural versatility are strong, though the economics leave only a modest margin against current local average value. The agricultural buildings’ visibly weathered roofs warrant inspection, and any alternative uses for the traditional barns would be subject to the necessary consents.
Key opportunities
- Refresh the farmhouse while preserving period details such as exposed beams and inglenook fireplaces.
- Make use of the extensive pasture, woodland and stream frontage for a rural, agricultural or equestrian lifestyle.
- Explore the traditional farm buildings’ potential for alternative uses, subject to necessary consents.
Key risks
- Several agricultural buildings have visibly rusted and patched corrugated roof sheets; their condition and repair requirements need investigation.
- The economics are moderate, with only a modest margin against current local average value.
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Transport
Nearest stations
Kings Nympton Rail Station
9.5 miles
Train · Kings Nympton
Eggesford Rail Station
10.2 miles
Train · Eggesford
Lapford Rail Station
10.2 miles
Train · Lapford
Portsmouth Arms Rail Station
11.0 miles
Train · Kingford
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£4,495
Based on a loan of £825,000 over 30 years at 5.13% 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.
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