3-bedroom flat · EX16 6LZ
Listing removedListed 97 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This surprisingly spacious three bedroom flat is conveniently located in the heart of Tiverton's town centre. There are two parking spaces available close by for an additional £35 pcm per space.
EPC: C Longdescription You enter the flat into a long hallway which leads off to all rooms.
There are two double bedrooms, a further single bedroom, a bathroom with a shower over the bath and a spacious kitchen diner opening into a decent sized lounge which lets in plenty of natural light.
Situated right in the heart of Tiverton's town centre, the flat provides easy access to local amenities and the bus station which offers regular links into Exeter.
There is the added bonus of up to two parking spaces available close by if required for an additional £35 pcm per space.
Permitted Payments As well as paying the rent, you may also be required to make the following permitted payments.
Before the tenancy starts (payable to Seddons Lettings ‘the Agent’) Holding Deposit: 1 week’s rent Deposit: 5 weeks’ rent The holding deposit, the equivalent of one weeks rent, will be allocated to the first months rent once satisfactory references have been received.
The holding deposit is non refundable, if a tenant withdraws their application once referencing has commenced or, if misleading information is provided or information is withheld on the application form.
For full details of all permitted Tenant Fees payable when renting a property through Seddons please refer to the Scale of Tenant Fees available on Seddons website, office or on request.
For further clarification before arranging a viewing please contact the lettings office dealing with the property.
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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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
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FAQ
About 39A, Fore Street, Devon
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