3-bedroom terraced house · EX16 5PG
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offering an exciting opportunity for renovation and improvement, this generously proportioned three-bedroom terraced house provides plenty of scope for a new owner to update and create a home to their own style.
Offering an exciting opportunity for renovation and improvement, this generously proportioned three-bedroom terraced house provides plenty of scope for a new owner to update and create a home to their own style.
On the ground floor, the entrance leads through to a particularly spacious sitting/dining room, with plenty of room for both living and dining furniture.
The separate kitchen is a good-sized space and offers scope to be redesigned and replaced with a more modern arrangement.
Also on the ground floor is a cloakroom and an additional useful room, providing storage and potential for alternative use.
Upstairs are three bedrooms, comprising two doubles and a good-sized single, together with the family shower room.
The property would now benefit from a comprehensive programme of updating, giving the next owner the opportunity to make their own choices with the kitchen, shower room, flooring, decoration and other improvements throughout.
Outside, there are gardens to both the front and rear. These provide further potential for landscaping and improvement, while a useful outbuilding provides additional storage.
With good-sized accommodation, three bedrooms, gardens, this is a property with plenty of potential for someone looking for a home they can improve and make their own, or investors looking to expand their portfolio.
The property is currently occupied. Services: Mains Gas, electric, water, and drainage Tenure: Freehold Council Tax: A Local Authority: Mddc
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 76, Palmerston Park, Tiverton
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