3-bedroom house · EX16 6RA
Listing removedListed 118 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** UNEXPECTEDLY RE-AVAILABLE ** A three bedroom terraced property is situated conveniently within the centre of Tiverton.
The property comprises of a lounge, a kitchen, three bedrooms and a bathroom as well as a rear garden and parking to the front.
Description - The entrance hallway leads to good size lounge with a bay window to the front and a modern integrated electric fireplace on the chimney breast.
Through the living room to the rear of the property is the kitchen which has been extended by the current owners and created into a kitchen diner, with integrated appliances to include dishwasher and electric hob.
A door from the kitchen takes you to a good sized courtyard at the back. The first bedroom to your left is a large double with built-in cupboards.
The opposite side of the hallway is the 2nd bedroom and the third bedroom is found at the end of hallway, perfect for a nursery or child's bedroom.
The bathroom is has a WC, a hand basin and a shower over bath. The property is heated with modern electric heating.
Tiverton - Tiverton is a market town in Mid Devon with a wide range of amenities, with a range of shops, recreational and educational facilities, as well as superb travel links to Exeter and Taunton via the North Devon link road, the M5 accessible from here via junction 27.
Disclaimer - Whilst every attempt has been made to ensure our lettings particulars are accurate and reliable, they are only a general guide to the property, and accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to clarify the position for you.
General Conditions Lettings - Upon application we require one weeks rent as a holding fee.
This will then be held up to 90 days or until the move in occurs and the money will be used to deduct from the first month’s rent. Terms and conditions apply.
Lettings Enquiries - If you have any enquiries, please do not hesitate to contact the office on or email us at .
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Water Lane, Tiverton
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