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Hatherleigh, Okehampton, Devon EX20

South West

£475,000

Listed on 13/05/2026

Property Details

Bedrooms
4
Type
Detached

Description

This unique opportunity presents a charming period farmhouse, nestled in the pristine Devon countryside and spanning approximately 185 sq. metres. With its appealing rendered facades and a plethora of original features, such as exposed timber beams and distinctive fireplaces, this home exudes character across two spacious levels. Marshford Farm is set in a secluded location at the end of a tranquil lane, accessible via a newly constructed bridge or an original ford crossing, enhancing the sense of privacy and arrival. The beautiful surrounding landscape offers an ideal backdrop for those desiring a lifestyle that embraces peace and nature. The property is further enhanced by traditional outbuildings that offer significant scope for conversion or development, pending relevant consents. While the farmhouse does require refurbishment to reach its full potential, it provides an exceptional canvas to craft a bespoke country residence brimming with charm. Set within formal gardens and a courtyard area totalling around 1.4 acres, the property also benefits from approximately 3.7 acres of well-maintained paddock land—perfect for equestrian activities or smallholding ventures. Additional agricultural buildings may be available separately. Internally, the ground floor includes two generous reception rooms: an inviting sitting area and a sunlit dining room featuring impressive inglenook fireplaces with wood-burning stoves that create warm living spaces. A versatile study gives access to an adjoining outbuilding, presenting clear potential for extending the main house (subject to planning approval). The kitchen boasts traditional wooden cabinetry and an oil-fired Aga alongside informal dining space; a utility room adds practical convenience, complemented by a cloakroom. Upstairs are four sizeable bedrooms—one being a principal suite with en suite shower room and decorative fireplace—alongside a family bathroom showcasing a freestanding roll-top bath. From various windows on this level, residents can enjoy picturesque views of the surrounding countryside. This captivating farmhouse represents an excellent opportunity for anyone wishing to embrace the quintessential Devon lifestyle while retaining privacy and character—and also serves as an inviting investment with significant renovation potential.

Investment Analysis

(EX20 area)
Area Average
£288/sq ft
Avg Rent (weekly)
£219
Avg Yield
3.5%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX20)

Area prices are falling by -4.5% over the last 12 months
3 year growth: +1.0%
5 year growth: +8.6%
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

Hatherleigh, Okehampton, Devon EX20
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£1,695
Based on a loan of £356,250 over 30 years at 3.97% 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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