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Lane To Crabhayne Farm, Axmouth EX12 - Image 1
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Lane To Crabhayne Farm, Axmouth EX12

South West

£575,000

Listed on 04/10/2026

The listing

Property details

Bedrooms
5
Type
Land
Area
3218 sqft

Description

A rural development site at the end of a private drive, with planning consent to convert and extend existing stable buildings into a single-storey five-bedroom home of approximately 299 sq m (3,218 sq ft). The approved scheme combines the two stable wings with a central contemporary section designed for open-plan living, and also includes two garages and a garden store. The site extends to about 4.88 acres, with pasture, hedgerow boundaries and smaller paddocks. A separate adjoining field of approximately 4.98 acres is available by separate negotiation for £125,000. The elevated position looks across the Axe Valley and surrounding countryside. Seaton, Axmouth and the coast are a short drive away, while Axminster, with its mainline rail service, is approximately ten minutes away by car. The consent is subject to conditions and a unilateral undertaking requiring a package treatment plant for the proposed dwelling. The purchaser is responsible for installing that plant, and is expected to arrange a borehole water supply and mains electricity connection. The existing photovoltaic panels will be removed. The stated Community Infrastructure Levy liability is £6,245.05 where an exemption does not apply. Buyers should review the planning documents, conditions, service estimates and site requirements before proceeding.

WHOTS analysis

Our WHOTS verdict

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

60out of 100
Grade CPotential opportunity

Confidence: LOW

At £575,000, the asking price is about £179 per sq ft, well below the local average of £353 per sq ft—an unusually low entry point for a 3,218 sq ft proposed home. The main opportunity is the granted planning consent to convert and extend the stable buildings into a substantial single-storey dwelling, with a contemporary central link, set among nearly five acres of pasture and paddocks with wide countryside views.

This is a major conversion project rather than a finished home: the photographs show agricultural stables, not completed residential accommodation, and do not establish the buildings’ structural condition or suitability for conversion. The score is therefore held back by the scale of the works and limited renovation-economics information; the low asking price and approved scheme give the project its appeal, but the delivery budget and programme need careful assessment.

Key opportunities

  • Use the approved scheme to turn the two stable wings into a five-bedroom, single-storey home, linked by a contemporary central section with open-plan living space.
  • Shape a distinctive rural setting around the proposed home, with nearly five acres of open pasture, fenced paddocks and mature boundaries.
  • Acquire the site at about £179 per sq ft, substantially below the local £353 per sq ft average.

Key risks

  • Converting and extending agricultural stables into a 3,218 sq ft dwelling is a substantial build programme, not a cosmetic refresh; establish the buildings’ suitability, scope and budget before committing.
  • The available information does not provide a renovation estimate or enough detail to assess renovation economics.

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Map

Location

Lane To Crabhayne Farm, Axmouth EX12
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Finance

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

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£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,172
Based on a loan of £431,250 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.

Tax

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

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