Summary - Lot 7 - Land At Keaton Farm, Ermington, Ivybridge, Devon, PL21 PL21 0LB
1 bed 1 bath Land
Highly diversified rural holding with income streams and development potential.
97 acres of pasture, woodland and productive Grade 3 soils
Includes principal farmhouse and ten income-producing cottages
Range of traditional outbuildings with conversion potential (subject consents)
Woodland with driven pheasant shoot and double-bank River Erme fishing
Multiple road access points; good links to Modbury, Ivybridge, A38
High flood risk affecting parts of the holding
Very slow broadband may limit remote-working or digital businesses
Outbuildings/equipment require maintenance and potential refurbishment
A diverse 97-acre country estate in the South Hams combining productive pasture, woodland and amenity water. The holding includes a principal farmhouse, a range of traditional outbuildings, and ten let cottages that provide immediate rental income alongside farming activity. Grade 3 soils are free-draining and suitable for grazing, mowing and some arable cropping.
The buildings and yard offer genuine potential for alternative uses and added value, subject to obtaining necessary planning consents. Woodland supports a driven pheasant shoot and the River Erme provides double-bank fishing — attractive lifestyle and leisure assets for tenants or holiday letting. Good road links place Modbury, Ivybridge and the A38 within easy reach while Dartmoor and the South Devon coast are nearby.
Buyers should note material constraints: parts of the land are at high flood risk and broadband speeds are very slow, which may affect some rural businesses or home working. The outbuildings were last used for storage and equestrian purposes and will require investment and planning for any change of use. Overall, the estate suits farming operators, lifestyle buyers or investors seeking diversified income and refurbishment potential.
Land for sale in Lot 8 - Land At Higher Keaton, Ermington, Ivybridge, Devon, PL21 — £525,000 • 1 bed • 1 bath
7 bedroom detached house for sale in Lot 1 - Keaton House, Ermington, Ivybridge, Devon, PL21 — £3,500,000 • 7 bed • 5 bath
Land for sale in Lot 4 - West Worthele Farm, Ermington, Ivybridge, Devon, PL21 — £2,050,000 • 1 bed • 1 bath
Land for sale in Lot 5 - Land At Marjery Cross, Ermington, Ivybridge, Devon, PL21 — £200,000 • 1 bed • 1 bath
Land for sale in Lot 6 - Land At Tod Moor, Ermington, Ivybridge, Devon, PL21 — £225,000 • 1 bed • 1 bath
Land for sale in Broadhempston, Totnes, Devon, TQ9 — £420,000 • 1 bed • 1 bath
