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See how verdicts work1-bedroom flat · EX16 6PY
For saleListed 776 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor studio apartment close to the town centre and with its own courtyard, within this very smart development on Gold Street.
This ground floor studio is part of an exceptionally smart development of well appointed apartments.
Being one of two ground floor studios, it comes with the benefit of a private, enclosed courtyard area.
Situated in the centre of the town, Gold Street is often referred to as Tivertons "cafe quarter", offering an individual and boutique shopping experience.
The development has been completed by the well regarded "Challenges Properties Ltd" who have a reputation for high quality and attention to detail.
The build of Tamara Court has been carefully considered, time being taken to select the right eco-friendly materials and construction techniques resulting in a thermally efficient building throughout.
Each of the six apartments have been fitted with Howden kitchen units with marble effect worktops, with integrated LED lighting in the wall an base units.
'Lamona' ovens and hobs are included with the kitchens, and space provided for fridge freezers.
The studios offer shower rooms, whilst the larger apartments offer fitted bathrooms with showers above the baths, the fitted mirrors with integrated LED lighting.
The bathrooms are all supplied by Victoria Plumb. A video and voice-controlled secure entrance makes life easy when accepting guests, and all communal areas are well lit and heated.
The historic town of Tiverton has plenty to offer and is very well placed for excellent transport links, with a mainline train station at Tiverton Parkway alongside Junction 27 of the M5 motorway.
Exeter is found further south, with an international and internal Airport. Build Warranty: Each property will be sold with a 10 year 'BuildZone' building warranty.
Further information can be supplied upon request. Potential Rental Income: Potential rental income - £550pcm Services: Mains electricity, water, and drainage.
Each of the apartments benefit from their own electric powered boilers (Storm-e) providing hot water and central heating (wet system).
Tenure: If purchased individually each property will be be held on a 999 year lease. On completion of the final sale, the freehold will be transferred to the residents.
Service Charge: £50 pcm until the last unit sells, at which point the owner will become part of the management company and the service charge can be decided between the individual owners.
Council Tax and Business Rates: Band A Local Authority: Mid Devon District Council
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.
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FAQ
About 1, Tamara Court, Tiverton
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