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Thorverton, Exeter

South West

£735,000
Listed on 18/04/2026

Property Details

Bedrooms
3
Type
Detached
Area
1312 sqft

Description

This Victorian residence, set in the picturesque Exe Valley, presents a promising opportunity for those looking to invest in a property with potential. Willowpark Lodge, while already charming and comfortable, has been granted planning permission for a substantial two-storey extension that will transform it into an impressive five-bedroom family home. The property features appealing period characteristics and lies in a strategic location just four miles from Exeter's vibrant city life. It includes attractive gardens, a timber-framed garage with additional upper storage space, and a gravel driveway leading to off-road parking. The existing layout offers a welcoming entrance hall, cozy sitting room with fireplace, modern kitchen with adjoining utility room, and three well-proportioned bedrooms upstairs providing excellent rural views. Renovating this property is not just about enhancing its beauty but also about maximizing its value through thoughtful updates and the approved expansion.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +67.8% above area average per sq ft

+67.8%
This Property
£560/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£481,884
10% above area average per sq ft
Potential ROI
-40.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -7.9% over the last 12 months
3 year growth: -5.7%
5 year growth: +2.5%
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 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£2,603
Based on a loan of £551,250 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.

Stamp Duty Calculator

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