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See how verdicts work2-bedroom house · EX16 6QU
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefitting from No Onward Chain! Lilac Terrace is a charming 2 bed terraced cottage with an enclosed garden, close to the town centre.
Lilac Terrace is a stone's throw from the town centre of Tiverton. The property benefits from two double bedrooms, a gated courtyard at the front, and an enclosed rear orchard garden.
The entrance hall leads into the open plan sitting/dining room with a feature fireplace and ample space for a dining table.
An archway leads into the kitchen, which has space for an oven with extractor hood over, and space and plumbing for a washing machine. There is also a door leading out to the rear garden.
The hallway benefits from a convenient understairs storage cupboard. Stairs lead to the first floor, where there is a double bedroom enjoying a lovely view out to the front of the property.
Also on the first floor is the family bathroom, fitted with a bath, pedestal wash basin and WC, as well as a useful storage cupboard.
There is a further large double bedroom on the second floor, with a window to the front enjoying panoramic views, and access to eaves storage.
Outside - The property is accessed via a pedestrian path from Barrington Street. To the front is a good sized gated courtyard.
In the rear garden, steps lead to an area which is laid to gravel and an array of potted plants, alongside a paved path leading to the patio.
Tiverton offers a wide range of amenities including both private and state schooling, a leisure centre, hospital, banks, building societies, shops and supermarkets, catering for a variety of needs.
There is easy access from Tiverton to the M5 at Junction 27, alongside which lies Tiverton Parkway Railway Station. Services: Mains gas, electric, water, and drainage.
Tenure: Freehold Council Tax: Band B Local Authority: Mddc
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
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FAQ
About 4, Lilac Terrace, Tiverton
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