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Harp Lane, Aylesbeare EX5

South West

£450,000
Listed on 16/03/2026

Property Details

Bedrooms
4
Type
Bungalow
Area
989 sqft

Description

This pre-war 4-bedroom bungalow presents a significant renovation opportunity, ideally situated in a tranquil countryside setting with breathtaking views over Broadhembury. The property occupies a generous plot of just over half an acre, offering ample outdoor space for potential extension, subject to obtaining the necessary planning permissions. Inside, the layout includes four bedrooms, a family bathroom, lounge, dining room, kitchen, study/snug, and a utility conservatory/lean-to. The location benefits from excellent transport links to the Cathedral City of Exeter and access to the M5 motorway while being surrounded by picturesque open countryside. The expansive gardens provide a high degree of privacy and stunning views, complemented by a substantial garage equipped with an inspection pit and several additional storerooms and timber sheds. This property truly stands out for its position and potential—an ideal investment for those looking to create their dream home or capitalize on its development possibilities.

Investment Analysis

(EX5 area)

Above Market Value

This property is priced +35.7% above area average per sq ft

+35.7%
This Property
£455/sq ft
Area Average
£335/sq ft
Avg Rent (weekly)
£283
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £85,000
Target Value
£364,664
10% above area average per sq ft
Potential ROI
-31.8%
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

Harp Lane, Aylesbeare 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
£1,623
Based on a loan of £337,500 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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