3-bedroom terraced house · EX16 5LB
For saleListed 2 days
Opportunity summary
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About
A charming and deceptively spacious three-bedroom Victorian terraced home, conveniently situated within walking distance of Tiverton town centre, local amenities, schools and Westexe Park.
Offering flexible and well-presented accommodation arranged over three floors, this attractive family home combines character features with modern convenience.
51 Melbourne Street is a well-maintained and versatile three-bedroom family home, occupying a popular residential position close to the heart of Tiverton.
Ideally located within easy reach of the town centre, local schooling and everyday amenities, this characterful property offers generous living space perfectly suited to modern family life.
The accommodation begins with an entrance lobby leading into a spacious living room, featuring a front aspect, central fireplace and attractive Victorian-style surround, creating a warm and welcoming reception space.
The adjoining dining room is light and airy, benefitting from a feature brick-built fireplace and ample room for a family-sized dining table, making it ideal for both everyday living and entertaining.
The dining room flows seamlessly into the fitted kitchen, which is equipped with a range of matching wall, base and drawer units with work surfaces over and an inset sink unit.
Integrated appliances include an eye-level double oven, gas hob with extractor hood and fridge/freezer, whilst there is additional space and plumbing for a washing machine.
Beyond the kitchen, the utility room provides valuable extra storage and workspace, fitted with an extensive range of base units and a door leading to the rear garden.
Stairs rise from the living room to the first-floor landing. Bedroom Two is a generous double room overlooking the rear garden and benefits from built-in storage.
Bedroom Three is another spacious double bedroom enjoying a front aspect and built-in storage.
The family bathroom is fitted with a white suite comprising a panelled bath with electric shower over, low-level WC and wash hand basin set within a vanity unit.
A further staircase rises to the second floor, where the impressive principal bedroom occupies the entire top floor.
This spacious dual-aspect room offers an abundance of natural light together with useful built-in storage.
Melbourne 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 some 18 miles to the south and offers a more comprehensive range of facilities as befitting a Cathedral City and Taunton, the County Town of Somerset lies approximately 19 miles to the north, again offering a varied and comprehensive range of facilities.
To the front of the property, a small gravelled garden is complemented by a pathway leading to the entrance door.
The enclosed rear garden has been designed with ease of maintenance in mind and provides a private outdoor space ideal for relaxing and entertaining.
A paved patio offers the perfect setting for al fresco dining, whilst the remainder of the garden is laid principally to decorative gravel and leads to a useful timber storage shed.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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 Melbourne Street, Tiverton, Devon, EX16
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