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Cofton Hill, Exeter

South West

£1,750,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
6
Type
Bungalow

Description

This remarkable detached property offers a unique opportunity for investment and development in a picturesque setting near Starcross. Featuring six bedrooms, the home includes two self-contained annexes that provide potential rental income, along with two holiday let units that require minimal finishing touches to become fully operational. The expansive grounds span approximately two acres, presenting further development potential subject to planning permission. The property boasts stunning sea views and features a private driveway, large gardens, and outdoor spaces ideal for relaxation and entertainment. Nestled in an idyllic valley, this property is conveniently located just outside the historic city of Exeter, providing easy access to local amenities and transport links. The surrounding area is rich in natural beauty, with nearby parks and nature reserves perfect for outdoor enthusiasts. The home itself is designed to bring the outdoors in, with light-filled rooms that open directly onto the beautiful grounds. With its versatile living spaces and potential for additional income, this property is an exceptional find for those looking to invest in a desirable area.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

50out of 100
Grade DWeak opportunity

Confidence: LOW

This beautifully set three-bedroom bungalow boasts stunning sea views and is complemented by two self-contained annexes, presenting a unique opportunity for rental income. While the internal spaces haven't been fully assessed, the exterior and grounds are in good condition, which suggests a solid foundation for potential enhancements. The property offers a significant canvas for improvement, particularly in developing the holiday let units that only require finishing touches. With two acres of land in this desirable area, the possibilities are extensive for someone looking to create a thriving rental business or a family haven.

Although the asking price of £1,750,000 can't be evaluated against local £/sqf averages due to missing floor area data, it stands out for its location and the potential income generation from the annexes. This could be a valuable investment as the coastal village of Starcross offers proximity to both countryside and seaside attractions, along with convenient transport links to Exeter and beyond.

Key opportunities

  • Transforming the two holiday let units into a lucrative rental option.
  • Utilizing the annexes for consistent rental income.
  • Expanding on the existing outdoor space and sea views to enhance property appeal.

Key risks

None recorded.

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Map

Location

Cofton Hill, Exeter
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£6,611
Based on a loan of £1,312,500 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.

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