1-bedroom house · EX16 6BU
Listing removedListed 123 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A delightful one bedroom terraced cottage located a short walk from Tiverton town centre. EPC Rating E. Council Tax Band A.
A well presented one bedroom terraced property located just a short distance from Tiverton town centre.
The property accommodation comprises Sitting Room with front aspect, Kitchen with door to the rear and stairs rising to the first floor, large double Bedroom with front aspect and family Bathroom with white suite.
EPC Band E. A Holding Deposit equivalent to one weeks rent (£161) is applicable.
This payment will be deducted from the first month’s rent or paid back to the tenant via bank transfer once referencing has been completed and a tenancy start date agreed.
Please see our terms and conditions for more details.
The holding deposit is non-refundable if the tenancy does not go ahead due to the tenants providing false or misleading information, withdrawing their application or failing the right to rent check.
Details will be put in writing to the tenants within 7 days of the application not proceeding.
Additional fees which may apply; • Late payment of rent: 3% above the Bank of England base rate which, after 14 days of non-payment, can be backdated to the day the rent was due.
• Any keys or security devices that are lost or broken by the tenant during the tenancy will be chargeable to the tenant.
• Any alternations/variations to the tenancy agreement and made at the tenant’s request: £50. • Early termination fee (with landlords consent): £360. All charges are inclusive of VAT.
A property cannot be held in reserve until all relevant monies have been paid. Chapel Street is situated close to the centre of Tiverton.
It is predominantly a residential area, although with some mixed commercial usage.
Tiverton is a popular Mid Devon town, straddling the River Exe and affording a good range of commercial, educational and recreational facilities as well as providing convenient access eastwards via the A361 (T) to the M5 (J27).
To the rear of the property is a detached garden, located a short distance away from the property, along a path. The garden is laid to lawn, with well established flowerbeds and borders.
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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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 111, Chapel Street, Devon
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