Summary - TOWN LIVING FARM EXBOURNE OKEHAMPTON EX20 3RX
10 bed 7 bath Detached
Large rural holding with income potential and development scope.
- Approximately 4 acres including large paddock and two-storey barn
- Main house: three-bedroom thatched farmhouse with original features
- Three holiday cottages currently trading and generating income
- Partially built cottage with planning (ref 3342/10/FUL) for additional let
- Cob walls and thatch: attractive character but higher maintenance
- Oil-fired heating; secondary glazing; mains services connected
- Council tax above average; area classed as remoter with higher deprivation
- Excellent mobile signal, average broadband speeds; no flood risk
Town Living Farm is a substantial rural holding on the edge of Exbourne, combining a character three-bedroom farmhouse with three successful holiday cottages and a partially built unit with planning for a fourth holiday let. Set in about 4 acres, the plot includes a large paddock, a two-storey barn, garaging and multiple outbuildings, offering immediate income and longer-term development potential.
The farmhouse retains traditional features — thatched roof, exposed beams, original fireplaces and cob walls — creating strong holiday-let appeal but also higher ongoing maintenance requirements associated with thatch, cob construction and an oil-fired heating system. The cottages (Threshing Barn, Hayloft and Cowshed) are configured for short-term lets and family use, providing flexible options for continued holiday operation or ancillary multi-generational accommodation.
Practical considerations are straightforward: mains services are connected, mobile signal is excellent and broadband is average. Council tax for the main house is above average and the property sits in a remoter agricultural area with higher local deprivation, which may affect local workforce and year-round letting patterns. There is planning permission (ref. 3342/10/FUL) for the partially constructed holiday unit; prospective purchasers should confirm details with the local planning authority.
For an investor or buyer seeking a combined lifestyle and revenue property, Town Living Farm offers a rare mix of immediate income, sizable land, and scope to enhance returns through the partially completed cottage, improved marketing or conversion/adaptation of outbuildings. Equally, buyers should budget for thatch and cob upkeep, oil fuel costs and the operational demands of managing multiple lets and a large rural plot.
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