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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 enchanting Grade II listed farmhouse is situated on approximately 9.77 acres of serene Devon countryside, making it a unique opportunity for renovation and investment. The property includes a self-contained annex, woodlands, an orchard, and pastureland, all enhancing its appeal for those looking to create a versatile family home or an income-generating space. Located in the picturesque hamlet of Kerswell, this residence combines historical charm with potential for modern living. The main house features an inviting entrance hall leading to spacious reception rooms, including a kitchen/dining area equipped with an AGA and integrated appliances. An impressive inglenook fireplace graces the principal sitting room, while additional spaces include a study and functional utility areas. Upstairs, there are five generously sized double bedrooms; the fifth has an en suite shower room, along with a well-appointed family bathroom. The attached annexe adds further flexibility and could be reintegrated into the main house if desired. Complementing the property is a range of outbuildings, notably a detached barn offering excellent conversion potential into additional living space (subject to planning approval). The expansive grounds provide ample opportunity for equestrian uses or smallholding activities. Private yet conveniently located near Exeter and local villages, this farmhouse invites creative updates to enhance its features while preserving its character. Please note that the property contains leasehold titles alongside freehold ownership; details can be obtained through inquiry.

Investment Analysis

(EX6 area)

Below Market Value

This property is priced -41.2% below area average per sq ft

-41.2%
Potential saving
This Property
£206/sq ft
Area Average
£350/sq ft
Avg Rent (weekly)
£253
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,861,921
10% above area average per sq ft
Potential ROI
+70.0%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (EX6)

Area prices are falling by -2.7% over the last 12 months
3 year growth: -11.9%
5 year growth: +2.3%
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 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£3,550
Based on a loan of £746,250 over 30 years at 3.97% 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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