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Whitestone, Exeter

South West

£875,000
Listed on 02/04/2026

Property Details

Bedrooms
4
Type
Detached
Area
1411 sqft

Description

This detached bungalow, basking in southern sunlight and nestled within an expansive 25 acres of land, presents a unique opportunity for renovation and investment. Located on a private drive just outside the quaint village of Whitestone, it boasts scenic views unobstructed by urban sprawl while still being conveniently close to Exeter. The property comprises a well-structured bungalow featuring a dual aspect kitchen/sitting room, a separate lounge, three bedrooms, and a family bathroom. Recently, the integral garage has been repurposed into an additional bedroom with an en-suite shower room, enhancing its potential as a multi-functional space. Significant investment potential lies in the existing workshops and agricultural building, which comes with planning approval for conversion into a residential dwelling—ideal for those looking to expand their property portfolio or develop further accommodation in this desirable rural setting. The property includes beautifully maintained gardens complemented by agricultural land and woodland features, making it perfect for anyone seeking privacy and outdoor space in the South West region. With utility connections already in place and additional planning permissions obtainable, this bungalow invites creative visionaries to transform it into their dream rural retreat or profitable venture.

Investment Analysis

(EX4 area)

Above Market Value

This property is priced +87.5% above area average per sq ft

+87.5%
This Property
£620/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£299
Avg Yield
5.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£513,435
10% above area average per sq ft
Potential ROI
-47.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
38
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX4)

Area prices are stable by -1.2% over the last 12 months
3 year growth: -2.0%
5 year growth: +10.6%
Investment Disclaimer: Analysis based on EX4 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

Whitestone, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,099
Based on a loan of £656,250 over 30 years at 3.91% 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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