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See how verdicts work1-bedroom house · EX16 6TT
Listing removedListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one-bedroom home with private parking for two vehicles and an enclosed garden, offering buyers the opportunity to modernise, add value and create a place of their own.
This one bedroom house offers an excellent opportunity for buyers seeking a home they can make their own.
Arranged over two floors, the accommodation feels more substantial than many one bedroom apartments and provides a practical layout with a comfortable living space together with a fitted kitchen offering good storage and workspace.
Upstairs, the property benefits from a double bedroom, while the bathroom is positioned on the ground floor, creating a layout that differs from the more conventional arrangement and makes good use of the available space.
The property would now benefit from some cosmetic updating in places, giving future owners the opportunity to refresh and adapt the accommodation to suit their own tastes and requirements over time.
Outside, one of the property's strong features is the large enclosed rear garden, providing a good amount of outdoor space with room to sit out, garden, or enjoy the warmer months.
In addition, the property benefits from parking for two vehicles nearby, a particularly useful feature for a home of this size.
Conveniently situated for access into Tiverton and nearby amenities, the property also offers straightforward access towards the North Devon Link Road and M5.
Overall, this is a sensible option for first time buyers, investors, or buyers looking for a property with outside space, parking and scope to add their own touch over time.
Council tax Band A Tenure Freehold Utilities Mains electric, water, and drainage Local Authority Mid Devon District Council
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
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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
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FAQ
About 24, Banksia Close, Tiverton
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