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Dinneford Street, Thorverton, Exeter - Image 1
Dinneford Street, Thorverton, Exeter - Image 2
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Dinneford Street, Thorverton, Exeter - Image 4
Dinneford Street, Thorverton, Exeter - Image 5
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Dinneford Street, Thorverton, Exeter

South West

£375,000
Listed on 13/10/2025

Property Details

Bedrooms
2
Type
Detached house
Area
835 sqft

Description

This two-bedroom bungalow, nestled in the quaint village of Thorverton, presents a unique opportunity for renovation and investment while enjoying the charm of rural living. Accessed through private gates, the property features an entrance porch that leads to a cozy layout designed for both comfort and practicality. The spacious sitting room is bathed in natural light and connects smoothly to a conservatory—a versatile space that opens up to the rear garden, making it ideal for leisure or entertaining guests. The kitchen remains functional but holds significant potential for modern updates, allowing new owners to tailor it to their personal style. Both bedrooms are generously proportioned, with the primary room offering built-in wardrobes and ample space for furnishings. The bathroom includes essential amenities such as a bath and wash basin, alongside a separate WC that enhances functionality. Externally, the property is surrounded by front and rear gardens thoughtfully arranged with established shrubs, vegetable plots, and fruit beds—creating an inviting outdoor environment that backs onto a serene stream. A driveway provides off-road parking leading to a single garage, with an additional outbuilding available for storage or potential conversion. The property does require some decorative work; however, this aspect adds to its appeal as an investment opportunity for first-time buyers or those seeking to downsize in a picturesque setting just six miles from Exeter's vibrant city life. Thorverton itself is a well-regarded village featuring local amenities including a primary school with preschool facilities, two public houses at its heart, and a nearby farm shop. Additional recreational options can be found through local football and cricket clubs. The neighboring village of Silverton offers further amenities just two miles away. With Exeter providing extensive retail and leisure opportunities alongside good transport links—including regular bus services and direct train access to London Paddington from nearby Tiverton Parkway—this location strikes an excellent balance between rural tranquility and urban convenience. Please note that this property falls within the Thorverton Conservation Area, adding another layer of character to your investment potential. Additionally, there may be Artex present in the bathroom area. Overall, this bungalow stands as an inviting project brimming with possibilities for future enhancement in a delightful community setting.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +35.8% above area average per sq ft

+35.8%
This Property
£449/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £10,000
Target Value
£303,840
10% above area average per sq ft
Potential ROI
-21.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by +6.1% over the last 12 months
3 year growth: 0.1%
5 year growth: 12.3%
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

Dinneford Street, Thorverton, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,374
Based on a loan of £281,250 over 30 years at 4.19% 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE