4-bedroom house · EX16 6NL
Sold STCListed 1329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Currently an established HMO (house of multiple occupancy), this property provides four bedrooms, a fitted kitchen and basement storage rooms, earning a gross rental income of £24,000 per year.
Description Well established into a thriving HMO, this investment opportunity is offered to the market with no onward chain.
Situated over four floors, the property offers four bedrooms, a communal kitchen/breakfast room, a shower room and a separate bathroom.
There are two basement rooms which have also been let as storage.
All four bedrooms can accommodate double beds and its convenient position within the centre of Tiverton appeals to those working within the town, or travelling to Exeter or Taunton, with great transport links.
With a potential gross rental income of £24,000 per year, this property has a gross rental yield of 15%. For any further information, please contact the agents.
Services & Council Tax Mains Electricity, Water & Drainage Council Tax Band C Grade II Listed Broadband Speeds: Standard20 Mbps Superfast80 Mbps Tiverton Tiverton is a market town in Mid Devon with a wide range of amenities, with a range of shops, recreational and educational facilities, as well as superb travel links to Exeter and Taunton via the North Devon link road, the M5 accessible from here via junction 27.
Sales Enquiries If you have any enquiries, please do not hesitate to contact the office on or email us at .
Disclaimer Whilst every attempt has been made to ensure our sales particulars are accurate and reliable, they are only a general guide to the property, and accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to clarify the position for you.
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 23, Newport Street, Tiverton
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