1-bedroom flat · EX16 6NU
Listing removedListed 117 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Having a wealth of period features this one bedroom quirky individual grade 2 listed ground floor flat certainly doesn’t disappoint.
Having a wealth of period features this quirky individual grade 2 listed ground floor flat certainly doesn’t disappoint.
Available for those looking for an investment or first buy this flat really does have a huge amount of charm and character.
The kitchen has oodles of character with a central island workstation that incorporates an electric cooking hob and a period style fireplace that really reminds you of its heritage.
Steps from here lead down to a rear lobby area that incorporates a cloakroom with w/c and a door to a room that is currently in use as a temporary spare bedroom but lends itself well to a study or even a gym room.
Stairs then lead around and up to the living room which is a stunning room brimming with character, a particular feature is the fireplace which is a great focal point and also the decorative ceiling.
The bedroom is of good size and has a window to the front and also has an ensuite shower room adjoining.
The property has been updated with a new heating system in 2024 which has made a significant difference to the previous energy rating.
In all this is a wonderful opportunity to purchase a property with a bit of Tiverton history to it. Services: Mains electricity, gas, water and drainage.
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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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 Flat 1, 22 St. Peter Street, Tiverton
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