3-bedroom terraced house · EX16 5LR
Listing removedListed 232 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A must-see three bedroom family home, set in a peaceful spot and ready to put your own stamp on – with no onward chain!
Longdescription - A great opportunity to purchase this three-bedroom family home - with no onward chain! To the front of the property is an entrance lobby with useful storage space.
From here, a second door opens into the hallway, with the sitting room located to the left.
The sitting room is a bright and welcoming space with a large window to the front, allowing plenty of natural light to fill the room.
Off the hallway, a door leads to a separate WC and storage space, which could also be adapted for use as a useful utility area.
At the rear of the property is the kitchen/dining room, fitted with a range of wall and base units and featuring doors that open onto the patio.
A further door from the kitchen leads into the conservatory—an attractive additional living space with direct access to the garden.
Upstairs, there are three good sized bedrooms, a family bathroom equipped with a shower, corner bath, WC and basin. An airing cupboard housing the boiler is found on the landing hallway.
The rear garden offers a mix of paved, lawned, and gravelled areas, with a slabbed pathway to the end of the garden. There is useful side access from the property.
The property benefits from driveway parking and front garden. Shortridge Mead is ideally situated within walking distance of the town centre.
Nearby amenities include two popular primary schools, as well as the high school and college, all just a short walk away.
This is a fantastic opportunity to secure a lovely home in a peaceful, tucked away position, while still being within easy reach of everything you may need.
Services Mains electricity, gas, water, and drainage. Local Authority Mid Devon District Council - Tenure Freehold Council Tax Band B
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Shortridge Mead, Tiverton, Devon
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