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Thorverton, Exeter

South West

£825,000
Listed on 06/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1312 sqft

Description

This period property presents a unique opportunity for renovation and expansion in the serene Exe Valley, nestled in the heart of mid-Devon. Set on approximately 4.9 acres, this Victorian house combines character with potential, featuring a detached garage and expansive gardens. The charm of Willowpark Lodge is evident through its architectural details and welcoming interior spaces. Currently comprising three bedrooms, the home boasts planning permission for a substantial two-storey extension, allowing for the transformation into a spacious five-bedroom residence. The property's location offers both the tranquility of village life and easy access to Exeter's vibrant amenities just four miles away. With nearby communities like Brampford Speke and Thorverton providing essential services, this property is well-positioned for comfortable family living or as an investment opportunity. Inside, you will find a cozy sitting room with an open fireplace, a well-equipped kitchen leading to a bright dining area, and ample utility space. The first floor features three well-sized bedrooms, each showcasing lovely views of the surrounding countryside. Outside, the extensive grounds include gardens on either side of the house and a large paddock that adds to its appeal. Given its current condition and potential for expansion under the granted planning permission, this property is ripe for sympathetic renovation that enhances its natural charm while expanding its functionality.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +87.6% above area average per sq ft

+87.6%
This Property
£629/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£483,761
10% above area average per sq ft
Potential ROI
-47.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -2.5%
5 year growth: +6.2%
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

Thorverton, 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
£2,975
Based on a loan of £618,750 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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