4-bedroom house · EX16 7BN
Sold STCListed 41 days
Opportunity summary
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About
A spacious canal-side village home offering flexible accommodation and exciting potential for modernisation. Superb Position Overlooking the Canal. Four Bedrooms. Two Bathrooms.
Generous Living/ Dining Room. Private Garden with Views. Off Road Parking. Fantastic Scope to Improve & Modernise. No Onward Chain. Excellent Village Amenities. Council Tax Band D. EPC Band E.
Freehold.
Situation Set in an elevated position close to the village centre, the property has excellent access to all the amenities which include post office and general store, popular pub, primary school, hairdressers, village hall and of course the canal with its excellent Tow Path for walking and cycling.
The M5 (junction 27) and Tiverton Parkway Station are just a convenient 1.7 miles with fast trains to London Paddington.
The property also lies in the catchment for Uffculme school and Blundells which offers discounts to local students.
Description A generously proportioned village property with four bedrooms, and spacious living/dining accommodation, with beautiful views across the Grand Western Canal and beyond.
Offering scope for modernisation, this home presents an exciting opportunity to create a stylish, contemporary residence in a sought-after canal-side location with stunning views over the surrounding countryside.
Accommodation This well-proportioned property offers generous and flexible accommodation arranged over two floors.
The ground floor comprises a spacious living/dining room with glazed doors opening to the rear garden, a compact kitchen with built in appliances, and a shower room.
Upstairs, there are four rooms, three of which are used as bedrooms and one currently serves as a home office, together with a family bathroom.
While the property would benefit from some modernisation, it presents an excellent opportunity for a purchaser to update and personalise the accommodation to their own taste and requirements.
Outside To the rear of the property is a private garden, mainly paved and cobbled providing a low maintenance entertaining space with a variety of mature shrubs.
Beyond, steps lead down giving access to a delightful canal-side garden. The current vendor rents the canal garden for a sum of £50/annum.
The property benefits from one allocated parking space, within a carport. Services Mains electricity, water and drainage.
Heating - there is evidence of a central heating system, buyer to make their own investigations. Ofcom predicted broadband services – Standard, Superfast & Ultrafast available.
Ofcom predicted mobile coverage for voice and data: Internally (variable) -EE, Three and O2. Externally -EE, Three, O2 and Vodafone Local Authority: Mid Devon District Council.
Sampford Peverell Conservation area. Agents Note 2 Turnpike is being sold by the Power of Attorney, therefore limited information is known in regards to the property.
Investment Opportunity For knowledgeable advice on buy-to-let investments, please contact our Lettings department on . Viewings Strictly by appointment with the agents please.
Directions Exit the M5 at Junction 27, proceeding westbound on the A361 (North Devon Link Road).
Take the first exit signposted Sampford Peverell/ Halberton/ Parkway and at the roundabout, take the first exit and remain on this road for 0.7 miles, passing through Sampford Peverell.
As you pass over the canal bridge, 2 Turnpike will be the second property on the left.
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
Agent & docs
FAQ
About 2, Turnpike, Tiverton
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