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Rockbeare, Exeter EX5

South West

£475,000
Listed on 04/03/2026

Property Details

Bedrooms
3
Type
Detached house
Area
1098 sqft

Description

Available for the first time in over eight decades, this unique property offers a remarkable opportunity for renovation and investment. Nestled on an expansive plot of approximately 0.45 acres in Rockbeare Village, Sydney Cottage presents significant potential to transform into a stunning family residence. The entrance hall welcomes you into two spacious reception rooms, each featuring traditional open fireplaces, perfect for creating inviting living spaces. The kitchen overlooks the rear garden, while the ground floor also includes a utility room and bathroom, making it functional yet ripe for modern updates. Ascending from the living room to the first floor, you will find three generously sized bedrooms that provide pleasant views over the front garden, offering plenty of scope for personalization and improvement. While the property is in need of refurbishment, its charm is undeniable, presenting a rare chance to customize and enhance a dwelling with historical significance. Outside, the extensive gardens wrap around the home and include various seating areas along with practical outbuildings such as two carports, a workshop, and a coal shed; remnants of its original dual-cottage structure that add character and possibilities for further development. The attractive borders and charming well in the front garden are additional features that enhance its appeal. Located in a serene part of East Devon yet close to key amenities, Rockbeare Village combines rural tranquility with excellent transport links to nearby Ottery St Mary and Exeter. The village has a solid community spirit with essential facilities like a primary school and church nearby. Scenic walking routes beckon outdoor enthusiasts while maintaining good connectivity for commuters via the A30 and Cranbrook railway station.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +29.1% above area average per sq ft

+29.1%
This Property
£433/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£404,855
10% above area average per sq ft
Potential ROI
-28.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
28
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (EX5)

Area prices are falling by -6.2% over the last 12 months
3 year growth: -2.5%
5 year growth: +6.2%
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 EX5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,713
Based on a loan of £356,250 over 30 years at 4.06% 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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