Worst House on the Street Logo
Hand & Pen Lane, Whimple, Exeter - Image 1
Hand & Pen Lane, Whimple, Exeter - Image 2
Hand & Pen Lane, Whimple, Exeter - Image 3
Hand & Pen Lane, Whimple, Exeter - Image 4
Hand & Pen Lane, Whimple, Exeter - Image 5
Hand & Pen Lane, Whimple, Exeter - Image 6
Hand & Pen Lane, Whimple, Exeter - Image 7
Hand & Pen Lane, Whimple, Exeter - Image 8
Hand & Pen Lane, Whimple, Exeter - Image 9
Hand & Pen Lane, Whimple, Exeter - Image 10
Hand & Pen Lane, Whimple, Exeter - Image 11
Hand & Pen Lane, Whimple, Exeter - Image 12
Hand & Pen Lane, Whimple, Exeter - Image 13
Hand & Pen Lane, Whimple, Exeter - Image 14
Hand & Pen Lane, Whimple, Exeter - Image 15
Hand & Pen Lane, Whimple, Exeter - Image 16
Hand & Pen Lane, Whimple, Exeter - Image 17

Hand & Pen Lane, Whimple, Exeter

South West

£625,000

Listed on 01/06/2026

Property Details

Bedrooms
2
Type
Country House
Area
977 sqft

Description

This smallholding presents a unique opportunity for renovation enthusiasts and investors alike, featuring a two-bedroom bungalow set amidst 6.28 acres of land in a tranquil rural setting. The property, originally built in 1956, has been cherished by the same family for around 70 years and is now ready for modernization. With its part-rendered brick construction and generous double-glazed windows, the bungalow offers scope for enhancement or potential expansion (subject to planning permission). The surrounding land, comprising level pasture and an orchard, is ideal for equestrian use or small-scale farming. The advantageous location near Whimple ensures easy access to village amenities while providing excellent transport links to Exeter and beyond. Outdoors, the property showcases established gardens and adaptable modern farm buildings, including a garage and general-purpose storage space. There's also the potential for further development of the adjacent paddock area under Lot 2 with its own access gateway. Given the configuration of the land and existing structures, this property not only promises a comfortable dwelling but also significant investment potential in a desirable area.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +91.8% above area average per sq ft

+91.8%
This Property
£640/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£358,412
10% above area average per sq ft
Potential ROI
-46.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
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

Hand & Pen Lane, Whimple, Exeter
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,361
Based on a loan of £468,750 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

Next Steps

Explore services to help you with this property purchase.

Get help with this property

Financing, surveys and more – choose a service and we’ll connect you with our trusted partners.