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Toby Lane, Woodbury Salterton, Exeter - Image 1
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Toby Lane, Woodbury Salterton, Exeter

South West

£550,000
Listed on 24/02/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1536 sqft

Description

This detached residence is situated on a generous half-acre plot, offering picturesque views of the surrounding countryside in a semi-rural area. The accommodation spans over 1,500 square feet, featuring three bedrooms, two en suite bathrooms, a cloakroom, and amenities such as a sitting room and a conservatory. The property includes substantial outdoor space with established gardens, a timber garage and workshop, as well as potential for expansion or redevelopment (subject to necessary permissions). Located near the quaint village of Woodbury Salterton in East Devon, this property is just eight miles from Exeter and is conveniently close to various local facilities. The expansive grounds provide ample parking and areas to enjoy the scenic landscape. However, it's worth noting that the house was built around the late 1920s using non-standard construction methods and may require assessment for asbestos within its walls. This home represents an opportunity for investors or those looking to undertake significant renovations to create their ideal living space.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +7.4% above area average per sq ft

+7.4%
This Property
£358/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£272
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£563,059
10% above area average per sq ft
Potential ROI
-12.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
48%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -4.9% over the last 12 months
3 year growth: -0.5%
5 year growth: +9.2%
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

Toby Lane, Woodbury Salterton, 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
£1,984
Based on a loan of £412,500 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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