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See how verdicts work1-bedroom flat · EX16 6AH
Listing removedListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No onward chain - Centrally positioned within the town and being subject to a refurbishment stands this top floor apartment that’s ready to move in to.
Longdescription - This well presented one bedroom apartment would appeal to a broad range of buyers that would include those looking to invest in rental properties.
The potential rental income could be £650pcm (approx.) Entered into via a communal hallway, stairs provide access to the second (Top) floor where Flat 6 (F) can be found.
The entrance door leads into a small hall with a security entry phone and doors leading off to all rooms.
The open plan living area has space that will easily accommodate a lounge suite with an adjoining kitchen area.
Three double glazed sash windows look out to the front and allow a vast amount of light into the room. The kitchen area has a modern suite with good cupboard storage.
The suite includes an integral oven, hob and extractor fan above, additional space is provided for white good appliances.
The double bedroom has a built in cupboard that houses the hot water tank, a double glazed sash window looks out to the front.
The fitted bathroom has a modern suite that includes a bath with shower mixer tap, w/c, wash basin and wall mounted heated towel rail.
The property is ideally located for the amenities of the town centre, situated close to several restaurants and bars.
The Pannier Market is a short walk away and the local bus routes provide access to Exeter and Taunton. Services: Mains electricity, water and drainage.
Tenure: Leasehold Term: 125 years from 2006 Flat quarterly & annual payments are as follows: 1. Quarterly service/ maintenance charge £191.07 2. Annual insurance charge £95 3. Annual ground rent £100
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
FAQ
About Bampton Street, Tiverton, Devon
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