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Rockbeare, Exeter

South West

£195,000

Listed on 29/05/2026

Property Details

Bedrooms
3
Type
Semi Detached
Area
806 sqft

Description

This three-bedroom end of terrace home is located in the charming village of Rockbeare, East Devon, and offers significant potential for renovation and modernisation. The property features a spacious garden at the rear and driveway parking, making it an appealing investment opportunity, particularly as it is being sold with no onward chain. Nestled between Exeter and Honiton, the setting offers both rural tranquility and convenient access to major transport links such as the A30 and M5, ensuring good connectivity. Local amenities can be found in nearby Whimple and Cranbrook, while the beautiful East Devon countryside provides ample opportunities for outdoor activities. The house itself is currently in need of comprehensive refurbishment but provides a solid foundation for those looking to create a comfortable family residence. It comprises well-proportioned accommodation over two levels. The entrance hall leads to a generously sized sitting room at the front, followed by another versatile reception room that could serve as a dining area, family space, or study. The kitchen/breakfast room at the rear, although dated, has room for modern upgrades and connects directly to the extensive garden. A ground floor bathroom rounds out this level. Upstairs are three bedrooms—two doubles and one single—all requiring attention but offering great scope for improvement. The rear garden is particularly noteworthy, being a large enclosed space with potential for landscaping and enhancement; currently laid to lawn with a shed, it affords plenty of possibilities for outdoor living spaces or gardening. Overall, this property presents an exciting chance for buyers looking to undertake a project in a desirable location.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -27.5% below area average per sq ft

-27.5%
Potential saving
This Property
£242/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.8%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£295,681
10% above area average per sq ft
Potential ROI
+20.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -3.9% over the last 12 months
3 year growth: -3.8%
5 year growth: +3.6%
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

Rockbeare, 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
£737
Based on a loan of £146,250 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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