Four-bedroom terrace with rental potential and refurbishment upside, sold at auction.
Central Tiverton location, walking distance to town amenities
A central Tiverton mid-terrace offering four double bedrooms and clear rental potential close to town amenities. Sold at auction, the freehold property is currently in need of renovation and internal reconfiguration, presenting an investor or hands-on buyer the chance to add value and improve returns. With an indicated potential rental income of £790 pcm (approx. 5.2% yield at the guide price), it suits a lettings portfolio or a buyer prepared to refurbish for owner-occupation.
Accommodation is arranged over three storeys with a front sitting room, kitchen/breakfast room, rear utility, two bathrooms and a small rear courtyard. The interior is a mix of period character and more recent fittings (modern kitchen noted) but overall the property requires updating in places; buyers should allow for remedial works and possible internal reconfiguration. Broadband is fast and mobile signal excellent, helping tenant demand despite the constrained local rental market classification.
Important practical points: the area is classified as deprived with a high local crime score, and the plot is very small with direct street frontage. The property will be sold under auction conditions — contracts exchange on the fall of the hammer — so purchasers must review the legal pack and arrange finance and inspections beforehand. No flood risk is recorded and council tax banding is low (Band A).