Summary - 73 WESTEXE SOUTH TIVERTON EX16 5DJ
2 bed 1 bath Terraced
Light, practical two-bedroom flat near Tiverton town centre — ideal for first-timers or investors..
Private first-floor flat with private access and ground-floor storage
Double glazed throughout; good natural light and central electric fireplace
Good-sized kitchen, integrated oven, gas hob, and walk-in larder/storage
Nearby communal garden; no large private garden attached
Leasehold with approx. 87–88 years remaining — affects mortgages/resale
Very low service charge (£20) and ground rent (£10); insurance contribution applies
Area classified as deprived with above-average crime — consider local risks
Requires some modernisation to maximise value or rental income
Quietly positioned a few minutes’ walk from Tiverton town centre, this two-bedroom first-floor flat offers a practical, well-lit home or a straightforward rental investment. The layout makes good use of 722 sq ft: a bright sitting room with an attractive electric fire, a good-sized kitchen with plenty of cupboards, and two bedrooms with built-in storage and a walk-in wardrobe. Double glazing throughout helps with comfort and efficiency.
The property benefits from private access, a ground-floor storage cupboard, and access to a nearby communal garden — useful for outdoor space without direct maintenance responsibilities. Broadband speeds are fast and mobile signal is excellent, supporting home working or reliable lettings. Council Tax sits in Band A, and on-going charges are low: a £20 annual management/service charge and £10 ground rent (both below typical levels).
Buyers should note this is a leasehold flat with 87–88 years remaining on the lease; that remaining term will affect mortgage options and future resale value. The area is classified as hampered aspiration with signs of local deprivation and above-average crime levels, so purchasers should factor neighbourhood profile into plans. The property appears well maintained but would benefit from some modernisation to maximise rental income or owner-occupier comfort.
Overall, this is a sensible purchase for a first-time buyer seeking central location and low running costs, or an investor after a compact, lettable unit close to town amenities. The combination of nearby services, low ongoing charges and straightforward accommodation makes it easy to live in or to let with minimal immediate capital investment.
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