We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom detached house · EX16 4PY
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented detached four-bedroom family home in a popular location with spectacular views across the surrounding countryside. Open Plan Kitchen/Dining Room. Two Reception Rooms and Conservatory.
Integral Garage & Driveway Parking. Southerly Facing Terraced Garden. Conveniently Located. Tiverton Town Centre 1 Mile. Council Tax Band C. EPC Band D.
Freehold Description - 7 Spencer Drive is situated within the popular area of Tiverton just off Canal Hill, a quiet location approximately a mile from the town centre.
There is easy pedestrian access to several local parks and the popular Grand Western Canal, as well as excellent transport links into the town centre and beyond.
Tiverton offers a wide range of schooling, recreational and retail facilities including banks, building societies, shops, supermarkets, hospital, an 18-hole golf course and a leisure centre.
There is easy access from Tiverton to the M5 at Junction 27, alongside which lies Tiverton Parkway Railway Station.
The property is a spacious four-bedroom detached family home, set in a superb location only a short walk away from Tiverton Town Centre, with exceptional views over the surrounding countryside and beyond.
Externally, the property offers a delightful rear garden including mature plants and shrubbery, a summerhouse and outdoor storage.
To the front the property benefits from driveway parking and garage, some of the garage has been sectioned off to provide space for a separate utility area.
Services - Mains electricity, water, gas & drainage. Gas Central Heating. Ofcom predicted broadband services – Standard & Superfast broadband available.
Ofcom predicted mobile coverage: External - EE, Three, O2 and Vodafone. Local Authority: Mid Devon Council.
Directions - From A361 Gornhay Orchard junction, proceed towards Tiverton and straight across onto Heathcoat Way at the McDonalds roundabout.
At the next roundabout, take the third exit, then turn left. At the roundabout take the first exit onto Canal Hill.
Stay on this road for approximately half a mile and turn right onto Anstey Close, take the second right onto Spencer Drive then immediately right and the property will be found on your left.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Spencer Drive, Tiverton
Explore nearby