2-bedroom semi-detached house · EX16 6UQ
Listing removedListed 314 days
Opportunity summary
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About
An immaculately presented two bedroom semi-detached property situated within a popular cul-de-sac within Moorhayes Park, close to all local amenities and with off-road parking DESCRIPTION Offered to the market with no onward chain, 17 Magnolia Court is a superbly presented two bedroom semi-detached property situated within a quiet cul-de-sac situated close to the local Tesco Express within Moorhayes Park and within easy access of the A361 and M5.
The property offers an ideal opportunity for a first time purchaser of investment buyer with a potential rental income of £900 per calendar month, the accommodation comprises; Front door into the Entrance Hall with stairs rising to the first floor and space for coats and boots.
The Kitchen enjoys a front aspect and is fitted with a modern matching range of wall, base and drawer units with continuous wood work surface over incorporating acrylic sink unit.
Integral electric oven with induction hob and extractor hood over, integral fridge/freezer and space and plumbing for washing machine.
The Sitting/Dining Room is a great reception room with rear aspect via French doors to the rear garden, offering ample space for a table and chairs as well as sofas and central fireplace.
Stairs rise to the first floor landing with storage cupboard and access to the loft space. Bedroom 1 is a large double bedroom with rear aspect.
The Family Shower Room is fitted with a modern white suite comprising large walk-in shower cubicle with inset mains shower, wash basin set with vanity unit with mirror over and close coupled WC.
Bedroom 2 is a double bedroom with front aspect and storage cupboard over the stairs.
OUTSIDE Approached from the main cul-de-sac road, a tarmac-laid driveway provides off-road parking for two vehicles, with rear access gate.
To the front of the property, a low wooden fence with gate borders the front garden, which is predominantly laid to gravel chippings with a pathway leading to the front door.
The rear gardens are fully enclosed within fencing, with large paved patio area providing the ideal space for outdoor dining and entertaining with a wooden storage shed.
The higher level of garden is laid to astro turf with sleeper borders. SERVICES & OUTGOINGS All mains services are connected, including gas. Council Tax: Band B - Mid Devon District Council.
SITUATION The property is situated in the Moorhayes development on the edge of Tiverton with a Tesco Express, hairdressers and takeaway.
Tiverton provides an excellent range of shopping, banking, recreational, healthcare and educational facilities.
Easy commuting via the North Devon Link Road either to the north coast via Barnstaple or eastward to the M5 (J27) and Parkway mainline railway station.
Exeter lies some 18 miles to the south and Taunton, the County Town of Somerset lies approximately 20 miles to the north, both offering a comprehensive range of facilities as befitting County and regional centres.
DIRECTIONS What3words:///sparrows.endearing.trash ADDITIONAL INFORMATION Broadband: FTTP—Ultrafast broadband is available (Openreach). Mobile Coverage: Available via EE, O2, THREE and VODAFONE.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a VERY LOW RISK from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
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 17, Magnolia Court, Tiverton, Devon, EX16
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