Summary - 177 St. Peter Street, The Manse, EX16 EX16 6NU
1 bed 1 bath Flat
Character one-bedroom flat with long lease and strong rental or holiday potential.
- Grade II listed, sympathetically restored building
- Private lower-ground entrance via steps to secluded door
- Bright open-plan living/kitchen with tall sash windows
- Large walk-in storage cupboard and hidden bedroom storage
- Long lease (114 years); service charge £500pa; ground rent £200pa
- Period sandstone walls likely uninsulated; insulation constraints
- High local crime and area deprivation may affect resale/rents
- Listing status restricts alterations and may complicate conversions
A compact, characterful one-bedroom apartment set within The Manse, a fully restored Grade II listed building on sought-after St. Peter Street, Tiverton. The flat benefits from a private ground-floor entrance, bright open-plan living and kitchen with tall sash windows, a sizable walk-in storage cupboard and an intelligently arranged double bedroom with concealed storage. Recent sympathetic refurbishment retains period features while adding contemporary comforts.
This property suits investors, holiday-home buyers or a small-town centre business seeking a distinctive address. Practical positives include a long lease (114 years remaining), modest service charge (£500 pa) and low ground rent (£200 pa). Good transport links via the A361 and Tiverton Parkway add let-ability and wider appeal.
Important practical points are straightforward: the building's Grade II listing limits alterations and may complicate conversions or major works, the neighbourhood records higher crime and local deprivation indicators, and the stone walls are likely uninsulated. Buyers should factor listed-building consenting timescales and potential conservation constraints into renovation or commercial plans.
Offered at a competitive price for the location, the flat presents solid short-term rental or holiday-let potential and scope for modest value-add improvements that respect the listing. Due diligence—particularly around permitted uses, insurance and insulation improvements—is recommended before proceeding.
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