2-bedroom house · EX16 5JB
Listing removedListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A tucked-away gem near the town centre, offering a peaceful setting, stylish interiors and a beautifully designed modern patio garden.
Longdescription Tucked away in a quiet position just off St Paul’s Square, this attractive end-terrace home offers well-proportioned accommodation, ideal for buyers seeking a blend of character, practicality and modern presentation.
The ground floor is centred around a bright open-plan lounge and dining area, creating a sociable living space with defined zones for relaxing and entertaining.
To the rear, the kitchen is well fitted with a range of storage units and enjoys a pleasant outlook over the garden, with a useful rear lobby and ground floor cloakroom completing this level.
On the first floor are two double bedrooms and a generous family bathroom fitted with both a bath and separate double shower.
The principal bedroom occupies the front of the property and looks out to St. Pauls Church, offering a private retreat with characterful proportions.
Outside, the rear garden has been thoughtfully upgraded and now features a large modern tiled patio ideal for outdoor dining, a lawned garden, and a sizeable garden shed for storage.
The remainder of the garden is lawned, level and easy to maintain. The property is presented in good condition throughout and benefits from gas central heating, and uPVC double glazing.
Services: Mains electric, gas, water, and drainage Tenure: Freehold Council Tax: B Local Authority: Mddc
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 12, Wethered Close, Tiverton
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