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Grove Road, Whimple EX5

South West

£575,000

Listed on 05/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
1730 sqft

Description

This generously sized property presents a remarkable opportunity for those looking to invest in a renovation project. While it currently requires modernisation, the space offers considerable potential, featuring adaptable layouts that can cater to various living arrangements. At the heart of the home is a triple-aspect kitchen equipped with ample wall and base units, work surfaces, and a built-in oven and hob. This area is complemented by a breakfast room with built-in seating and storage, along with a separate utility room for added convenience. The dual-aspect living room boasts character with its wood-burning stove that also provides heating to the radiators, ensuring a cozy atmosphere. The rear lobby leads to an annexe which includes a bedroom, an open-plan kitchen/living area, and a bathroom—ideal for multi-generational living or rental opportunities. Upstairs, four spacious double bedrooms are available, including a principal bedroom featuring an en-suite shower room. A family bathroom completes this level of the property. Set on approximately 0.63 acres of land, the exterior of the property is equally impressive with two independent driveways providing access to a garage. The front garden features mature shrubs and lawns, while extensive back gardens include additional sheds and greenhouse space. The location in Whimple offers residents access to local amenities including shops, schools, and recreational facilities like tennis and cricket clubs. With proximity to Exeter's more extensive services and transport links—including rail connections to London—this property represents an excellent investment opportunity within a charming village setting.

Investment Analysis

(EX5 area)

Below Market Value

This property is priced -0.3% below area average per sq ft

-0.3%
Potential saving
This Property
£332/sq ft
Area Average
£334/sq ft
Avg Rent (weekly)
£289
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £70,000
Target Value
£634,651
10% above area average per sq ft
Potential ROI
-1.6%
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

Grove Road, Whimple EX5
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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
£2,172
Based on a loan of £431,250 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.

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