2-bedroom detached house · EX16 6RP
To rentReduced £100 (−8.7%) on 23 OctListed 48 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Castle Lodge is a beautifully presented two bedroom cottage located within the historic grounds of Tiverton Castle.
The accommodation comprises of kitchen, sitting room, dining room, downstairs shower room, two double bedrooms and family bathroom.
In addition the property benefits from a private courtyard with parking for two cars. Council Tax Band tbc, Deposit £1,384.00, EPC: D, Available beginning of October, tenant fees apply.
Accomodation Kitchen/Breakfast Room Galley style kitchen with electric oven, gas hob, dishwasher, washer/dryer, wooden worktop, breakfast bench, tiled floor, fridge/freezer, radiator Shower Room Shower cubicle, basin, toilet, tiled walls and flooring, electric towel rail, radiator Dining Room Window to front, fireplace, carpet, radiator.
Under stairs storage Sitting Room Windows to front and side, fire place, carpet, radiator Stairs To First Floor Landing Bedroom 1 Carpet floor, window to front, radiator, fitted wardrobe Bedroom 2 Carpet floor, window to front, radiator, fitted wardrobe Bathroom Cork tiled flooring, tiled walls, electric towel rail, bath with shower, basin and toilet Outside Fenced courtyard with bi storage area.
Parking for two cars. Services Mains Gas, Water & Electric - Council tax tbc Situation Castle Barton is located within the historic grounds of Tiverton Castle.
The castle is located in the centre of Tiverton overlooking the banks of the River Exe.
Directions From Tiverton town centre continue along St Peter Street and turn left at the junction onto park Hill. The property is on the left.
Letting The property is available to let on an assured periodic tenancy, unfurnished and is available beginning of October. Rent: £1,200.00 pcm exclusive of all charges.
Deposit: £1,384.00 returnable at end of tenancy subject to any deductions (all deposits for a property let through Stags are held on their Client Account and administered in accordance with the Tenancy Deposit Scheme and Dispute Service).
References required, viewings strictly through the agents. Pets may be considered at this property subject to a vetting application.
Holding Deposit & Tenant Fees This is to reserve a property and set off against the first month’s rent and deposit.
The Holding Deposit (equivalent of one weeks rent) will be withheld if any relevant person (including any guarantor(s)) withdraw from the tenancy, fail a Right-to Rent check, provide materially significant false information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
For full details of all permitted Tenant Fees payable when renting a property through Stags please refer to the Scale of Tenant Fees available on Stags website, office or on request.
Tenant Protection Stags is a member of the RICS Client Money Protection Scheme and also a member of The Property Redress Scheme.
In addition, Stags is a member of ARLA Propertymark, RICS and Tenancy Deposit Scheme. Renter's Rights Act The first phase of the Renters Rights Act was implemented on the 1st May 2026.
The legislation introduced many reforms affecting how tenancies are conducted.
This includes the introduction of the month to month Assured Periodic Tenancy ending the fixed term agreement and the abolition of section 21 notices now utilising the amended Section 8 notice provisions plus other reforms.
For further information and guidance please contact our offices or visit our Renters Rights Hub at . Agents Note The property is located with the grounds of Tiverton Castle.
Due to this, the garden of the house must be kept in keeping with the surrounding grounds and as such the responsibility of the garden maintenance will be kept with the landlord.
There are periods where the castle grounds are opened to the public. Tenants will be made aware of all events occurring. Some pets may not be allowed.
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 Castle Lodge, Tiverton Castle, Park Hill, Tiverton
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