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Westwood, Broadclyst, Exeter - Image 1
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Westwood, Broadclyst, Exeter

South West

£795,000
Listed on 30/07/2025

Property Details

Bedrooms
4
Type
Detached house

Description

This residential farm presents a unique opportunity for renovation and investment within a tranquil rural setting, conveniently located near Exeter. The property encompasses approximately 50.98 acres (20.63 hectares) of level grassland that is ideal for grazing or cropping, along with traditional and modern barns that hold potential for conversion to residential use, subject to the necessary planning permissions. Lower Willyards Farm features a Victorian-style farmhouse in need of refurbishment, offering four bedrooms and original character elements such as timber sash windows and multiple fireplaces. The layout includes inviting living spaces alongside practical utility areas, making it an appealing project for those looking to restore a period property to its former glory. Surrounding the house are lawned gardens, adding to the charm while providing a canvas for landscaping possibilities. The outbuildings add further value; they comprise a mix of traditional stone and cob structures alongside more contemporary agricultural facilities. Notably, some of these buildings may be suitable for change of use under Class Q legislation, thus enhancing their appeal to prospective buyers interested in developing the site. Situated on the edge of the National Trust Killerton Estate and within walking distance of Ashclyst Forest, this location benefits from easy access to local amenities in the nearby villages of Broadclyst and Whimple. These communities offer essential services including schools, shops, and public transport links, with Exeter city just a short drive away for more extensive cultural attractions and educational options. Accessibility is also excellent; major road networks such as the M5 and A30 are easily reachable from here, facilitating travel to cities like London and Bristol as well as scenic destinations in Cornwall. Regular train services from Whimple station connect directly to London Waterloo, adding further convenience. Overall, Lower Willyards Farm is not just a home but a versatile investment opportunity that merges rural tranquility with significant potential for development or personal restoration projects. The blend of residential space with agricultural land presents an exciting prospect for both homeowners and investors alike.

Investment Analysis

(EX5 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£303
Avg Yield
3.9%

Renovation Potential

Est. Renovation Cost
£79,500 - £198,750
10-25% of property value
Monthly Sales
13
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by +3.3% over the last 12 months
3 year growth: 4.7%
5 year growth: 18.8%
Investment Disclaimer: Analysis based on EX5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Westwood, Broadclyst, Exeter
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