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Aylesbeare, Exeter

South West

£700,000
Listed on 02/11/2025

Property Details

Bedrooms
4
Type
Detached house
Area
3308 sqft

Description

This substantial detached family home offers significant renovation and investment potential, set amidst 2.25 acres of level grounds. With its original construction tailored for the current owner, this property is now available for the first time, providing a unique opportunity for buyers looking to customize and enhance their living space. Situated on the outskirts of Aylesbeare, a quaint village in East Devon, the location combines rural charm with accessibility. The nearby village of West Hill features essential amenities, including a local shop and parish church, while Ottery St. Mary—just four miles away—offers a wider array of shopping, dining, and educational facilities. The property is well-positioned for outdoor enthusiasts, with the East Devon Area of Outstanding Natural Beauty close by, along with easy access to stunning beaches and the famous Southwest Coastal Path. Commuters will appreciate the proximity to the A30 and connections to Exeter and the M5 motorway. The home's layout provides over 2,800 square feet of adaptable accommodation. Entering through a spacious entrance hall leads you to a generously sized sitting room featuring an open fire and garden views—a perfect canvas for modern updates or personalization. Adjacent is a separate dining room that also boasts an open fire and connects to a large kitchen equipped with ample storage space, a Rayburn cooker, and room for casual dining. Off the kitchen, you’ll find a practical utility room that opens onto a rear porch with convenient access to a downstairs WC and shower cubicle. Upstairs, the galleried landing distributes access to four well-proportioned bedrooms—all overlooking picturesque countryside vistas—and includes a family bathroom ripe for modern enhancements. Outside, the extensive grounds host not only ample gardening space but also several outbuildings. Among these is a custom-built timber garden office that could serve various purposes or be expanded into additional workspace opportunities. The land has potential uses ranging from agricultural endeavors to horticultural projects or even woodland nursery businesses (subject to necessary consents). Key utilities include mains electricity and water supply alongside oil-fired central heating; drainage is managed via septic tank systems. While currently under an agricultural tie—which limits occupancy to those employed in local agriculture or forestry—the property presents myriad possibilities for those who wish to invest in or renovate this unique country home in an attractive setting. In summary, this property balances spacious living accommodations with vast potential for transformation and expansion according to personal needs or investment goals.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -36.3% below area average per sq ft

-36.3%
Potential saving
This Property
£212/sq ft
Area Average
£332/sq ft
Avg Rent (weekly)
£288
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£1,209,173
10% above area average per sq ft
Potential ROI
+53.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by +2.3% over the last 12 months
3 year growth: 3.7%
5 year growth: 18.4%
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.

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Location

Aylesbeare, Exeter
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