2-bedroom bungalow · EX16 4ER
Listing removedReduced £9k (−3.5%) on 23 JunListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with vacant possession & no onward chain - Positioned in a highly sought-after location off Canal Hill, just moments from the picturesque Grand Western Canal Country Park, Spurway Road offers an exceptional lifestyle combining countryside tranquillity nearby with town-centre convenience.
This charming two-bedroom semi-detached bungalow is set with an attractive front and rear gardens and benefits from a drive providing off-street parking that provides potential to extend if required and a garage providing light and power.
The property is entered via a practical porch, ideal for coats and muddy boots, leading through to a welcoming entrance hall.
From here, doors open to the well-appointed kitchen and the spacious lounge/dining room.
The kitchen offers ample storage providing space for a cooker with extractor hood and space and plumbing for a washing machine and fridge/freezer.
The lounge/dining room enjoys a generous front-facing window which floods the space with natural light, creating a bright and inviting atmosphere, with ample room for both relaxing and dining.
An inner hallway leads to two well-proportioned double bedrooms with built in wardrobes.
The principal bedroom enjoys views over the front garden, while the second bedroom overlooks the enclosed rear garden.
A neatly presented white suite family bathroom completes the internal accommodation.
Externally, the front garden is laid mainly to lawn with a range of mature shrub borders adding colour and character.
A driveway provides off-road parking and leads to the garage, while a pathway guides you around to the rear of the property.
The rear garden is of a generous size, fully enclosed and enjoys a sunny, open aspect - ideal for relaxing, entertaining or gardening.
Perfect for those who enjoy scenic walks, cycling and outdoor living, the canal provides a stunning backdrop throughout the seasons, while Tiverton’s vibrant town centre, shops and amenities remain just a short distance away.
Tiverton itself is a market town set within the beautiful Exe Valley, offering a range of amenities including shops, leisure facilities, golf club, schooling including Blundells Public School and excellent transport links to Exeter City central for Exeter airport or the M5 for Parkway mainline station to Paddington London A superb opportunity to acquire a well-positioned bungalow in a highly desirable location, offering the perfect balance of town living and countryside charm with walking distance.
Early viewing is highly recommended.
Directions Using what3words App ///split.pounds.eaten viewings Strictly by appointment with the award winning estate agents, Diamond Estate Agents If there is any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
Please note Our business is supervised by hmrc for anti-money laundering purposes.
If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To satisfy our obligations, Diamond Estate Agents have to undertake automated id verification, aml compliance and source of funds checks.
As from1st May, 2024 there will be a charge of £10 per person to make these checks. We may refer buyers and sellers through our conveyancing panel.
It is your decision whether you choose to use this service. Should you decide to use any of these services that we may receive an average referral fee of £100 for recommending you to them.
As we provide a regular supply of work, you benefit from a competitive price on a no purchase, no fee basis. (excluding disbursements).
Stamp duty may be payable on your property purchase and we recommend that you speak to your legal representative to check what fee may be payable in line with current government guidelines.
We also refer buyers and sellers to The Levels Financial Services. It is your decision whether you choose to use their services.
Should you decide to use any of their services you should be aware that we would receive an average referral fee of £200 from them for recommending you to them.
You are not under any obligation to use the services of any of the recommended providers, though should you accept our recommendation the provider is expected to pay us the corresponding Referral Fee.
EPC Rating: C Disclaimer Viewings Strictly by appointment with the award winning estate agents Diamond Estate Agents.
If there is at any point, which is of particular importance to you with regard to this property then we advise you to contact us to check this and the availability and make an appointment to view before travelling any distance.
Please note Our business is supervised by hmrc for anti-money laundering purposes.
If you make an offer to purchase a property and your offer is successful, you will need to meet the approval requirements covered under the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017.
To satisfy our obligations, Diamond Estate Agents have to undertake automated id verification, aml compliance and source of funds checks.
As from 1st May 2024 there will be a charge of £10 per person to make these checks.
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 23 Spurway Road, Tiverton
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