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5.65 Acres - Bow, Crediton, Devon, EX17 - Image 1
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5.65 Acres - Bow, Crediton, Devon, EX17 - Image 3

5.65 Acres - Bow, Crediton, Devon, EX17

South West

£595,000Guide Price

Listed on 23/10/2026

The listing

Property details

Bedrooms
3
Type
Barn Conversion
Area
1129 sqft

Features

  • Parking

Description

Offered at auction, Station Farmhouse is a detached period property with approximately 1,129 sq ft of accommodation, a courtyard of traditional farm buildings and about 5.65 acres of pasture. The house has a kitchen, dining room, sitting room, utility room and cloakroom on the ground floor, with three bedrooms and a bathroom upstairs. The particulars describe the house as requiring further modernisation and identify potential for extension or reconfiguration, subject to the necessary consents and checks. The adjoining buildings include a car port and storeroom, alongside a range of former agricultural structures in stone, cob, timber, blockwork and steel. Some are described as dilapidated. The land comprises three level pasture fields with mature hedgerow boundaries and access from the farmstead and/or public highway. Mains electricity and water are understood to be connected; drainage is to a private system which the seller assumes may not comply with current General Binding Rules. The freehold property is being sold by public auction and online livestream auction. The particulars also note that parts of the holding are at high risk of river/sea and surface-water flooding, that asbestos may be present in some building materials, and that the holding is subject to a Sustainable Farming Incentive agreement, with further details truncated in the supplied description. Buyers should review the legal pack and verify the condition, services, rights and obligations, and any proposed building use or alterations.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

32out of 100
Grade ELow opportunity

Confidence: MEDIUM

Station Farmhouse has a clear project angle: the photographed rooms are dated, with worn flooring and simple finishes that offer scope for a decorative refresh, while the traditional courtyard buildings and 5.65 acres give the property a distinctive rural setting. The farmhouse appears standing with an intact tiled roof; several of the agricultural structures, however, look weathered and some appear dilapidated. The listing identifies potential to refurbish or diversify them, subject to planning and verification.

The main obstacle is the price. At £595,000, the guide is around £527 per sq ft against a local average of £299, and adding the £9,000–£18,000 refurbishment range still leaves the purchase-plus-works cost stretched against the local benchmark for this floor area. That comparison is not a forecast of renovated value. Bidding can take the hammer above the guide, so the eventual price may not stay this cheap.

Key opportunities

  • Refresh the photographed interiors with updated decoration and flooring while retaining the period farmhouse character.
  • Explore the courtyard buildings’ potential for refurbishment or diversification, subject to planning and condition checks.
  • Make use of the 5.65 acres of pasture, which appears maintained and hedged.

Key risks

  • Several agricultural buildings show weathered coverings and deteriorated timber or sheet elements; their condition and repair scope need close assessment.
  • At this guide, the £9,000–£18,000 refurbishment range does not bring the purchase-plus-works cost into line with the local benchmark for the house’s floor area.
  • Factor in roughly £608,500 including the asking price and quoted works of about £13,500, leaving a gap of around 45% versus area norms for this sqft, so margin after refurbishment is unproven.

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Map

Location

5.65 Acres - Bow, Crediton, Devon, EX17
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,248
Based on a loan of £446,250 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.

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