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See how verdicts work2-bedroom flat · EX16 6NR
For saleListed 279 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A super basement flat offering character, good sized gardens overlooking the River Exe and off-road parking.
Description Situated within a superb Grade II Listed Georgian building within the heart of Tiverton, this apartment forms part of a building that was converted a number of years ago into four attractive and well-proportioned apartments.
With arguably the most favoured position, 54d benefited from a rear door opening straight into its own private gardens, overlooking the River Exe.
Deceptively spacious, the accommodation comprises; The main front door into the Communal Entrance Hall with stairs leading down to the basement apartment (54d), with under stairs storage cupboard.
Front door into the Entrance Hall with attractive stone tiled flooring and Airing Cupboard housing the hot water tank and immersion heater.
The Family Bathroom is fitted with a matching white suite comprising corner bath, pedestal wash basin, close coupled WC and wall-mounted heated towel rail.
The Sitting Room provides a superb reception space, enjoying a rear aspect across the private gardens with window seat and central former fireplace (currently blocked), with cast-iron inset and wood surround.
Bedroom 1 is a good sized double bedroom with interconnecting door into Bedroom 2.
The En-Suite is fitted with a modern suite comprising stylish double shower enclosure with inset mains shower, wash basin set in a vanity unit, close coupled WC and wall-mounted heated towel rail.
Bedroom 2 is a double bedroom with side aspect and built-in wardrobes. From the Sitting Room, steps lead up to the Kitchen/Breakfast Room with window and door leading to the gardens.
The Kitchen is fitted with a range of dual-coloured gloss wall, base and drawer units with continuous Quartz work surface over incorporating sink unit.
A range of built-in appliances include Neff oven, Neff hob, dishwasher and washer/drier, along with space for a large fridge/freezer and a table and chairs.
Outside The property is approached from St Peter Street, with an off-road parking space allocated for apartment 54d.
To the rear of the property, there is deceptively spacious rear garden, with a large paved terrace with covered storage area, enjoying views across the River Exe.
Steps lead down to a gravelled area, which is bordered and interspersed with an abundance of mature shrubs and trees, with a large garden shed.
Steps continue down to a lower level, with a beautifully planted circular terrace benefitting from stunning views across the river, with a gated side access leading directly down to the river.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating.
There is also a 25% responsibility for the electricity to the communal areas (electricity). Council Tax: Band A - Mid Devon District Council.
Lease Information: The property is offered on a leasehold basis and benefits from a share of the freehold. The term of the lease is 999 years from May 2006.
There is an annual service charge of £272.87 payable annually, to cover the buildings insurance. Situation St.
Peters Street is situated close to the centre of Tiverton which provides an excellent range of shopping, banking, recreational, healthcare and educational facilities, with easy commuting via the North Devon Link Road either to the north coast via Barnstaple or eastward back to the M5 (J27) and Parkway mainline railway station.
Exeter lies to the south and offers a more comprehensive range of facilities as befitting a Cathedral City.
Directions What3words:///pillow.bubble.festivity Additional information Broadband: FTTP-Ultrafast broadband is available (Openreach). Mobile Coverage: Available via EE, O2, three and vodafone.
For an indication of speeds, we recommend contacting your own provider. Flooding: The property is in an area at a very low risk.
Rights & Restrictions: The property falls within Tiverton Conservation area and is Grade II Listed.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 54D, St. Peter Street, Devon
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