Land for sale in Penstone, Colebrooke, Crediton EX17

Guide price £675,000
Land for sale
Interested in this property? Call +44 1769 307941 * or Request Details

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Property features

  • 2 barns with pp
  • 47.5 Acres pasture
  • Quiet sheltered valley
  • Stream water
  • 12 Miles North of Exeter
  • Unspoilt rural suroundings
  • Far reaching Views
  • Crediton 5 Miles

Property description

Set in just over 47 acres two barns with outline planning permission to convert into residential dwelling houses set in A rual unspoilt valley overlooking its own adjacent pasture land.this is A rare opportunity to establish A well located smallholding with two dwellings in this attractive part of devon just 12 miles north of exeter.


Penstone is a small Hamlet in Mid Devon about 4 miles North East from Crediton and 12 Miles or so North of the City of Exeter widely recognised as one of the most attractive cities to live currently in the UK. Both the Dartmoor and Exmoor National Parks are within easy driving distance as is the attractive Taw Valley with its Tarka Railway line which runs regularly between Exmouth overlooking the English Channel, Exeter the County City and Barnstaple on the North Coast.

The Smallholding

The barns with pp and land offer an extremely rare chance to establish a smallholding with a good sized block of pasture land ring fenced formed by a pretty sheltered valley running up to a higher level area with the most wonderful views of unspoilt rural farmland which surrounds the property in this lovely part of Devon. Off grid could be a possibility as the Barns have a south facing aspect and water could be sourced from a borehole subject to survey. Penstone is a quiet Devon Hamlet yet the City of Exeter is only 12 Miles or so to the South. The land is contained within a ring fence has stream water access is well fenced and subdivided into 6 enclosures by wire or Devon Banks.


Access is available from Lower Combe Lane. Entry onto the land for viewing purposes is at the sole responsibility/risk of viewers.


From Exeter Take the A377 to Crediton follow the road out of Crediton and turn left to Coleford where follow the signs to Penstone. Upon entering the village under the Railway Bridge drive up the unmarked lane known as 'lower combe lane' passing residential property on the left and right and the entrance to the land will be found on the right hand side through a pair of galvanised gates.


Planning permission has been granted by Mid Devon Council for the Prior notification for the change of use of agricultural building to a dwelling by virtue of Approval consent 20/01967 dated 25th Jan 2021. Planning permission has also been granted by Mid Devon Council for the conversion of an agricultural building ( the shippon) to a dwelling by virtue of Approval consent 20/01969 dated 20th Jan 2021.

Local Authority

Mid Devon Council Phoenix House, Phoenix Ln, Tiverton EX16 6PP


Mains electricity and Mains water are closeby Sewage treatment plant proposed drainage.

Maps & Plans

A plan which is not to scale is included in these details for identification purposes only.


The property is freehold and will be offered for sale with vacant possession.

Method Of Sale

The property will be offered for sale by private treaty.

Important Notice

Nancekivell & Co, their clients and any joint agents give notice that:
(1) They are not authorised to make or give any representations or warranties in relation to the property either here or elsewhere, either on their own behalf or on behalf of their client or otherwise. They assume no responsibility for any statement that may be made in these particulars. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
(2) Any areas, measurement or distances are approximate. The text, photographs and plans are for guidance only and are not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building regulation or other consents and Nancekivell & Co have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

Property info

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Nancekivell & Co, EX36 on +44 1769 307941 * (local rate)

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