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Rockbeare, Exeter

South West

£475,000
Listed on 03/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1076 sqft

Description

Available for the first time in over eight decades, this unique property presents a rare opportunity to transform it into a stunning family residence. Nestled in the picturesque Rockbeare Village on an expansive plot of approximately 0.45 acres, Sydney Cottage stands out for its potential for renovation and investment. Upon entry, you are welcomed by an entrance hall leading to two generously sized reception rooms, both featuring classic open fireplaces that echo the home's historic charm. The fitted kitchen provides lovely views of the rear garden, while a utility room and bathroom complete the ground floor layout. The staircase from the living room leads to the first floor where three well-proportioned bedrooms await, all benefiting from pleasant views over the front garden. Although renovation is needed throughout to modernize this home, the possibilities for creating a beautiful family dwelling are vast and appealing. The exterior offers extensive gardens enveloping the property with multiple seating areas and useful outbuildings including a brick store and greenhouse at the rear. The front garden features attractive borders alongside a quaint well. Additionally, there are two carports, a workshop, and a coal shed enhancing the property's functionality. Originally two cottages, this history adds further character and redevelopment options. Set in Rockbeare—a serene village tucked away in East Devon's countryside—this location combines rural tranquillity with excellent transport links. Just minutes from Ottery St Mary and Exeter, it merges country charm with easy access to amenities. The community is vibrant with local facilities such as a primary school and village hall, while scenic walking routes offer outdoor enthusiasts plenty of adventure. Conveniently located near major roads and rail links, this area is ideal for families seeking peace without sacrificing convenience.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +31.7% above area average per sq ft

+31.7%
This Property
£441/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£396,743
10% above area average per sq ft
Potential ROI
-31.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -2.5%
5 year growth: +6.2%
Investment Disclaimer: Analysis based on EX5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Rockbeare, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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