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Valley View, Rockbeare, Exeter, Devon, EX5

South West

£230,000
Listed on 30/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
802 sqft

Description

This three-bedroom terraced home presents a unique opportunity for those seeking a property ripe for renovation. With its current layout featuring an entrance leading into a kitchen/diner equipped with ample base and eye-level cupboard space, this area could be transformed into a modern culinary hub with the right upgrades. The adjoining lounge offers access to a lengthy rear garden that, while in need of some maintenance, holds great potential for landscaping or outdoor entertaining. Completing the ground floor is a bathroom fitted with a three-piece suite. Ascend to the first floor to find three spacious double bedrooms, each allowing for personalization and reconfiguration to suit various living arrangements or investment needs. Located in Rockbeare, this home benefits from a close-knit community atmosphere. The village caters to families with amenities like a primary school, village hall, and the historic Grade II listed St Andrews church. For broader options, the nearby town of Cranbrook provides additional schools, shops, eateries, and transportation links via its train station. The property's potential for updating not only allows for personal touches but also makes it an attractive investment for those looking to enhance value and appeal in a desirable area. An internal viewing is highly recommended to explore the possibilities this home has to offer.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -13.3% below area average per sq ft

-13.3%
Potential saving
This Property
£287/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£274
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£291,832
10% above area average per sq ft
Potential ROI
+12.2%
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

Valley View, Rockbeare, Exeter, Devon, EX5
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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
£843
Based on a loan of £172,500 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.

Next Steps

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE