2-bedroom house · EX16 6TJ
Listing removedListed 104 days
Opportunity summary
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About
A well-presented two bedroom, end-terraced property enjoying a popular cul-de-sac location within the Moorhayes Park development, with low maintenance rear garden and off-road parking 23 Clare Drive is a well-presented, two bedroom property situated within a popular residential area of Tiverton, close to all local amenities and fronting onto a small green area.
Ideally suited for a first time buyer or investment purchaser, this end-terraced property comprises; Front door into the Sitting/Dining Room a spacious reception room with front aspect overlooking the green, providing ample space for a table and chairs along with sofa seating.
A door leads into Kitchen/Breakfast Room which is fitted with a matching range of wall, base and drawer units with continuous work surface over incorporating sink unit.
There is an integral electric oven with four-ring hob and extractor hood over, space for a fridge/freezer and space and plumbing for a washing machine. From here, a door leads to the rear gardens.
From the Sitting Room, stairs rise to the first floor landing, with access to the loft space. Bedroom 2 is a double bedroom with rear aspect.
The Bathroom is fitted with a matching suite comprising bath with shower over, close coupled WC and wash basin. Bedroom 1 is a large double bedroom with front aspect and over stairs storage cupboard.
Outside Approached from the cul-de-sac road, there is allocated parking for two cars.
A pathway leads from the car park to the front gardens, which are predominantly laid to gravel with some small shrubs planted to the borders.
A wooden gate provides rear access to the fully enclosed rear gardens, which provide a low maintenance space that is predominantly laid to paving, along with a small flower bed planted with mature shrubs and wooden garden shed.
Services & outgoings We understand that mains electric, gas, water and drainage are connected to the property. Gas fired central heating. Council Tax: Band B - Mid Devon District Council.
Situation The property is situated in the popular residential area known as Moorhayes on the edge of Tiverton with a small range of shops including Tesco Express.
Tiverton provides an excellent range of shopping, banking, recreational healthcare and educational facilities.
Easy commuting via the North Devon Link Road either to the north coast via Barnstaple or eastward back to the M5 (J27) and Parkway mainline railway station.
Exeter lies some 18 miles to the south and offers a more comprehensive range of facilities as befitting a Cathedral City and Taunton, the County Town of Somerset lies approximately 19 miles to the north, again offering a varied and comprehensive range of facilities.
Directions What3words:///vibes.unions.buyers Additional information Broadband: FTTP-Superfast broadband is available (Openreach). Mobile Coverage: Available via EE, O2, three and vodafone.
For an indication of specific speeds and supply or coverage in the area we recommend contacting your own provider.
Flooding: The property is in an area at a very low risk from River/Sea and Surface Water flooding (defined as the chance of flooding each year as less than 0.1%).
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.
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FAQ
About 23, Clare Drive, Devon
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