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See how verdicts work1-bedroom flat · EX16 4QA
Sold STCReduced £10k (−10%) on 21 JunListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now - 1 bedroom top floor flat with no onward chain!
This well-presented property offers a spacious double bedroom, fully fitted bathroom, and open plan living space perfect for modern living.
The well-equipped kitchen features ample storage and space for appliances, making it ideal for those who enjoy cooking.
The property is fitted with electric storage heaters and the entrance hall offers a telephone entry system. Outside the door to the flat there is communal space for more storage.
Situated in an excellent location on Canal Hill near the Canal Basin, residents can enjoy easy access to the bus service, local shops, and a short walk to the town centre for added convenience.
The property benefits from a large car park with a designated parking space, ensuring residents always have a secure place to park their vehicle.
Whether spending time outdoors or exploring the nearby amenities, this property on Canal Hill provides a convenient living experience.
The building is accessed with a large communal hall with secure entry phone access, stairs leading to all floors and the communal grounds are well maintained while offering plenty of space for off road parking.
To find the property using what3words///harp.into.youth viewings Strictly by appointment with the award winning estate agents, Diamond Estate Agents If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
Please note Our business is supervised by hmrc for anti-money laundering purposes.
If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To satisfy our obligations, Diamond Estate Agents have to undertake automated id verification, aml compliance and source of funds checks.
As from1st May, 2024 there will be a charge of £10 per person to make these checks. We may refer buyers and sellers through our conveyancing panel.
It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of £100 for recommending you to them.
As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).
Stamp duty may be payable on your property purchase and we recommend that you speak to your legal representative to check what fee may be payable in line with current government guidelines.
We also refer buyers and sellers to The Levels Financial Services. It is your decision whether you choose to use their services.
Should you decide to use any of their services you should be aware that we would receive an average referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.
Location The property is within a short walk of the town and also offers a bus stop providing a regular daily service into the town centre (about one mile distant) with its wide range of shopping and recreational facilities, etc.
The A361 (north Devon Link Road is situated within a few minutes drive leading to The M5 for Parkway mainline station leading to London Paddington and Exeter city airport and city centre.
Garden Communal green area to the front of the property Parking - Allocated Parking Disclaimer Viewings Strictly by appointment with the award winning estate agents Diamond Estate Agents.
If there is at any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
Please note Our business is supervised by hmrc for anti-money laundering purposes.
If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To satisfy our obligations, Diamond Estate Agents have to undertake automated id verification, aml compliance and source of funds checks.
As from 1st May 2024 there will be a charge of £10 per person to make these checks.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About 31 Rena Hobson Court, Tiverton
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