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Towsington Lane, Exminster, Exeter

South West

£995,000

Listed on 30/04/2026

Property Details

Bedrooms
6
Type
Detached
Area
4841 sqft

Description

This Grade II listed farmhouse is nestled in the serene Devon countryside, covering approximately 9.77 acres. It features a self-contained annexe and ample outbuildings including a detached barn, which presents opportunities for conversion into additional living spaces pending planning consent. The property's layout is well-suited for modern family requirements while retaining historical charm, making it an attractive project for renovation enthusiasts or investors seeking to create a versatile family home or generate rental income through the annexe. The extensive grounds encompass gardens, pastures, woodlands, and an orchard, catering to equestrian pursuits or smallholdings. Located within the tranquil hamlet of Kerswell, this property enjoys the dual benefits of privacy and accessibility to Exeter and nearby villages. With five double bedrooms in the main house and additional accommodation in the annexe, there’s significant scope for improvement and personalization throughout. The main house features classic elements such as an inglenook fireplace and oak flooring but may require updates to bring it fully up to date. Don't overlook the potential this property offers for both living and investment purposes.

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£206/sq ft
Area Average
£352/sq ft
Avg Rent (weekly)
£271
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £150,000
Target Value
£1,874,968
10% above area average per sq ft
Potential ROI
+63.8%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
13
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX6)

Area prices are falling by -3.6% over the last 12 months
3 year growth: -10.3%
5 year growth: +1.6%
Investment Disclaimer: Analysis based on EX6 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

Towsington Lane, Exminster, Exeter
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£3,759
Based on a loan of £746,250 over 30 years at 4.45% 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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