Period farmhouse offers a new lifestyle for buyer in Devon

Agents anticipate that a buyer will soon be found for a superb period farmhouse and lifestyle business in the heart of the South Hams, Devon. Pitt Farm, a popular and profitable holiday cottage complex at East Allington, near Totnes, has come down in price from £2.5 million and the vendors are now inviting offers in excess of £2 million.

Kay Smith, of the Oxford office of joint selling agents Savills, says: “Whoever buys this lovely property will also be able reap the benefits of a successful business established by the current owners. Income from the self-catering cottages is growing year on year and there is potential for further development.”

The stone farmhouse, part of the former Fortescue Estate, is believed to date from the early 19th century and has three reception rooms, conservatory, kitchen, four bedrooms and two bathrooms. With a private garden to the rear, along with paddocks, stabling and a plantation of native deciduous trees, Pitt Farm is an ideal family home. It ceased to be a working farm in the late 1980s, when the adjacent stone barns were converted into holiday accommodation.

The seven cottages, sleeping a total of 53, all have full residential planning permission and so could be let long term as well as for holiday accommodation. Rated 4-star by VisitBritain, Pitt Farm has extensive leisure facilities including a heated swimming pool, sauna and solarium, hard tennis court, games room and children’s play area. The grounds are a delight, with a private garden and sun terrace for each cottage, well maintained communal areas and unspoilt countryside beyond.

For further information and full particulars, contact Kay Smith, Savills Oxford, ksmith@savills.com.