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Upton Pyne, Exeter

South West

£400,000
Listed on 19/03/2026

Property Details

Bedrooms
3
Type
Bungalow
Area
2002 sqft

Description

This property comprises a detached bungalow set on a substantial 0.92-acre plot, accessed via a quiet private lane, ensuring privacy and space from neighbouring homes. The site previously had planning permission for the demolition of the existing structure and the construction of a new four-bedroom house, which indicates strong potential for redevelopment. Although this consent has lapsed, the property lies under Policy H6 of the East Devon Local Plan, which supports replacement dwellings in rural settings, contingent upon design and planning evaluations. This offers a promising opportunity for prospective buyers to pursue a fresh planning application and create a custom home amidst an appealing village backdrop while benefiting from easy access to Exeter's amenities. The location is nestled within the desirable Exe Valley, close to Upton Pyne – a quaint village that boasts community spirit with its historic church, local hall, and social club. The nearby Brampford Speke enhances neighborhood appeal with its primary school, village shop/tea room, and inviting local pub. Surrounded by picturesque countryside ideal for walking and riding enthusiasts, it provides an excellent rural lifestyle. Conveniently positioned between Exeter’s vibrant city life and Crediton’s market charm—both offering diverse shopping and educational facilities—this site is also accessible via major transport links including Exeter St Davids railway station for swift mainline services to London. Given its unique characteristics and development potential, consultation with architects or planning professionals is highly advised before advancing any offer.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -40.4% below area average per sq ft

-40.4%
Potential saving
This Property
£200/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
£738,177
10% above area average per sq ft
Potential ROI
+50.6%
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

Upton Pyne, 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
£1,443
Based on a loan of £300,000 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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