3-bedroom house · EX16 8AW
Sold STCReduced £15k (−7.5%) on 20 SepListed 129 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Offered to the market with no onward chain is this mid terrace three bedroom home.
In brief there is a kitchen/breakfast room, spacious lounge with doors to the garden, modern shower room and off-road parking.
Description Located in the village of Witheridge is this well-presented three-bedroom mid-terrace home. On approaching the property you will find off-road parking allocated for two vehicles.
On entering the property is a well-equipped kitchen/breakfast room. To rear of the property is a spacious lounge with access to the rear garden. Competing the ground floor is a modern shower room.
Upstairs, there are two double bedrooms and a single. Externally this property benefits from a fantastic rear garden which is laid to lawn with a patio area.
Viewing is advised of this property which is priced to sell! No onward chain.
Kitchen There is a door to the front, a double-glazed window to the front and a door to the lounge, with wall and base units, a stainless-steel sink and drainer, with space for a cooker, washing machine, and a fridge/freezer.
It also features an extractor hood, an understairs cupboard, an electric radiator, usb points, and is partially tiled.
Lounge The lounge has a door to the hall and double-glazed patio-doors to the rear garden. Features a fireplace, electric radiator, storage cupboard, a TV point, and usb points.
Hall The hall has doors to the lounge and shower room, an electric radiator, and stairs up to the first-floor.
Shower Room Has three double-glazed windows to the side, with a WC, a wash hand basin with a cabinet, a wall-hung cabinet, a shower, electric radiator, and is fully tiled to the ceiling.
Landing The landing has doors to all bedrooms, and the loft hatch. Bedroom One Double-glazed window to the rear, with an electric radiator and a built-in storage cupboard.
Bedroom Two Features a double-glazed window to the front, with an electric radiator and an airing cupboard.
Bedroom Three Has a double-glazed window to the front, with an electric radiator and usb points. Loft Space Insulated, with no ladder and not boarded.
Rear Garden The rear garden has a patio area, with one step up to the main garden which is laid to lawn, and benefits from a wooden shed. Also has an outside tap and outside power points and lights.
There is right of access through the neighbouring garden. Agents Note Please note the parking is accessed over a private road owned by North Devon Homes.
There are restrictions against keeping animals such as fowl, pigs, or any other non domestic animal on the property. 1.
Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2.
General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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 3, Merryside Villas, Tiverton
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