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See how verdicts work2-bedroom terraced house · EX16 5LB
For saleReduced £5k (−2.3%) on 23 OctListed 54 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ref 1117LW A beautifully presented and characterful two bedroom terraced home, offering deceptively spacious accommodation arranged over three floors and combining period charm with comfortable modern living.
The property is full of character, with exposed brickwork, feature fireplaces, wooden floors and traditional detailing throughout.
On the ground floor, the property offers two generous reception areas. To the front is a welcoming sitting room with a feature fireplace, built-in shelving and plenty of space for comfortable seating.
This flows through into the dining room, creating a sociable and versatile living space.
The dining room features an attractive exposed brick chimney breast with wood-burner, space for a good-sized dining table and access to the staircase leading to the upper floors.
To the rear is a well equipped kitchen with a range of white fitted units, wooden work surfaces, patterned flooring and useful shelving and storage.
The first floor provides a spacious double bedroom with an attractive period fireplace, wooden flooring and built-in storage.
Also on this floor is a particularly impressive bathroom, featuring a freestanding roll top bath, separate shower area, traditional patterned flooring and striking blue and white décor.
The second bedroom is located on the top floor and is a fantastic feature of the property.
This spacious and characterful room benefits from exposed brickwork, wooden beams, a feature fireplace and plenty of room for bedroom furniture, while also offering space for a desk or dressing area.
Outside, the property benefits from an outside courtyard and storage area currently used as a utility area leading to an established rear garden with lawn, mature planting and colourful borders.
A pathway leads through to a paved seating area at the rear, providing an ideal space for outdoor dining and entertaining, along with useful garden storage.
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
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FAQ
About 49, Melbourne Street, Tiverton
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