3-bedroom house · EX16 4AH
Listing removedListed 111 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property & location: This is an unfurnished three bedroom terraced house, the property has been fully redecorated with a new kitchen, bathroom and cloakroom and has new flooring thoughout.
Accommodation: The property has electric storage heating, is double glazed and comprises of: Entrance: Enter via the front door into a small hallway entrance at the foot of the stairs living room: A good size light and bright room with a large double-glazed window to the front, one electric storage heater and a useful understairs storage cupboard kitchen: A new fitted kitchen with matching dark grey units, a double-glazed window and door to access the rear garden.
Ample space for dining table and chairs.
Stairs and landing: Leading to, bedroom one: To the front of the property, a good-sized double room with a double-glazed window and one electric storage heater.
A large built in storage cupboard also housing the hot water immersion.
Bedroom two: A good-sized double room with one double glazed window and far reaching views of the countryside from the rear of the property.
One electric storage heater and a built-in wardrobe with two sliding mirrored doors bedroom three: A single room to the front, with a double-glazed window and electric storage heater WC: Next to but separate to the bathroom with one new modern white WC and a double-glazed window to the rear bathroom: A new modern white suite comprising of a floating wash hand basin with pull out storage drawer below, bath with mixer shower over and dark grey electric towel radiator.
One double glazed window to the rear outside: Garden: Low maintenance attractive gravelled area to the front with a wooden side gate to access the rear garden.
The rear garden comprises of multi level gravelled areas, has a useful brick-built storage shed, an outside tap and steps leading the rear kitchen door parking: On street parking please note: The landlord has requested non-smokers appliances: Appliances, where provided will not necessarily be replaced or repaired by the landlord.
This is at the sole discretion of the individual Landlord and any appliances noted in the details will not necessarily remain at the property.
It is the prospective tenant/s responsibility to satisfy themselves by checking with the landlord / agent which appliances will remain in the property prior to paying the holding deposit.
Services: The Tenant is responsible for all services at the property including electricity, gas, water rates, oil, TV licence, telephone and Council Tax.
Rental: The property is to be let on an assured shorthold tenancy at a rental of £1050.00 per calendar month, payable in advance.
In-going costs: A Holding Deposit the equivalent of one week's rent is required to be paid prior to Homefinders taking up references, to reserve a property.
A Deposit the equivalent of 5 weeks rent is required to be paid at the commencement of a tenancy, which is withheld until after the final inspection of the property at the end of the tenancy, subject to any agreed deductions.
All deposits for property let through Homefinders Devon & Somerset Ltd are registered with TDS (Custodial).
Please note that the need for a Guarantor may not become apparent until we start referencing an applicant or joint applicants or until all references for an applicant or joint applicants has been received.
Viewings: Strictly by appointment only These particulars only give a general outline of the property.
It is the prospective tenant/s responsibility to satisfy themselves of the correctness of each of the particulars prior to paying the holding deposit.
Client Money Protection Homefinders (Devon & Somerset) Ltd protect their clients monies through Money Shield.
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 13, Lime Kiln Road, Tiverton
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