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The Meadows, Yeoford, EX17

South West

£499,950
Listed on 19/01/2026

Property Details

Bedrooms
4
Type
Detached house
Area
2788 sqft

Description

Eagle Lodge, constructed in the 1980s, presents a remarkable opportunity for renovation and reimagining in a quaint residential cul-de-sac on the edge of Yeoford, a charming village in Mid Devon. Located just a short drive to Crediton and the A30 at Cheriton Bishop, this property combines accessibility with rural tranquility. The village boasts essential amenities, including a small primary school, a train station linking to Exeter and Barnstaple, and the well-known local restaurant, The Duck. This spacious home offers an impressive layout across three floors, complemented by a large boarded loft space that could be utilised for hobbies or additional storage. A striking feature of this property is its bespoke spiral staircase connecting all levels. The entrance level includes a welcoming hallway leading to an expansive living room with fireplace that flows into the conservatory. This floor also contains a separate dining room, kitchen with traditional Rayburn stove (recently serviced), utility room with garden access, study area, and WC. The lower ground floor provides versatile space suitable for various purposes such as a cinema room or gym, complete with sauna and shower facilities. The upper level accommodates four generously sized double bedrooms alongside two bathrooms, each featuring pleasant views. Outside, ample parking is available along with surrounding gardens featuring lawns and patios. The presence of multiple outbuildings adds further potential for conversion into workshops or even an annexe (subject to planning permission). While the house does require updating to fully realise its potential, it offers modern energy efficiencies such as solar PV panels and an air source heat pump. This unique property is ideal for those with vision looking to transform substantial space into their dream home while enjoying contributions from outbuildings for varied uses. Situated without onward chain.

Investment Analysis

(EX17 area)

Below Market Value

This property is priced -40.8% below area average per sq ft

-40.8%
Potential saving
This Property
£179/sq ft
Area Average
£303/sq ft
Avg Rent (weekly)
£235
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£929,240
10% above area average per sq ft
Potential ROI
+57.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (EX17)

Area prices are falling by +2.2% over the last 12 months
3 year growth: -9.9%
5 year growth: 11.5%
Investment Disclaimer: Analysis based on EX17 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

The Meadows, Yeoford, EX17
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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
£1,831
Based on a loan of £374,962 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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