Bampton Street, Tiverton, Devon, EX16
By Seddons
£ 350,000
Seddons says ..
A fantastic investment opportunity - A large, mixed residential and commercial let, providing a strong yield, in the centre of Tiverton.<br /><br /> Situated in a busy trading area within the centre of Tiverton, this is a fantastic opportunity to purchase a secure investment proposition.<br /><br />The ground floor offers two commercial lets, between them generating an annual income of £14,000: and a large maisonette currently generating £8,340 - a total of £22,340 p.a.<br /><br />The tenants of both the shop units and the maisonette above have declared their intent to remain. All tenants have been trading / occupying the property for several years and the current level of rent offers a gross yield in excess of 6%.<br /><br />Both businesses have been successfully trading for some time, are well known in the area and have a strong following. Each shop unit has access to additional storage in the cellar.<br /><br />The maisonette is sizeable and arranged over three floors. It has its own private entrance between the two shop units. The accommodation is versatile, currently arranged as four bedrooms. Two attic rooms provide excellent storage and subject to planning, there is further potential. The maisonette is served by a gas combination boiler which is housed in the dressing room to the main bedroom. The property is Grade II listed and retains the rather attractive sash windows.<br /><br />This is a secure investment that is worthy of serious consideration.<br /><br />Local Authority:<br />Mid Devon District Council - <br /><br />Services: Main's electricity, gas, water and drainage<br /><br />
- Bedrooms
- 5
- Bathrooms
- 2
- Sqft (est)
- 3,415.60
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Metrics Year-on-Year
- Average area value
- 273,747.00 £Decreased by 7.23 %
- Est sale value
- 1,250,109.60 £Increased by 23.65 %
- Average area rental value
- 1,032.00 £/moDecreased by 0.77 %
- Est letting value
- 3,415.60 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.52 %Increased by 6.86 %
- Crime Rate
- 67.00 %Unchanged by 0.00 %
Agent Activity
Seddons created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Castle Primary School | Foundation School | Good | 0.37 KM |
| Heathcoat Primary School | Foundation School | Good | 0.95 KM |
| Ace Tiverton Special School | Free Schools Special | 1.06 KM | |
| Tiverton High School | Foundation School | Good | 1.09 KM |
| St John'S Catholic Primary School | Academy Converter | Requires improvement | 1.10 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Crown Walk | £ 192,500 | 0 | 0.00 KM |
| Castle Street | £ 275,000 | 0 | 0.00 KM |
| Park Street | £ 168,333 | 0 | 0.00 KM |
| Bridge Street | £ 0 | 0 | 0.00 KM |
| Coopers Court | £ 0 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Bampton Street, Tiverton, EX16 | £ 190,000 | BUY | 6 / 10 | 0.02 KM |
| Bampton Street, Tiverton, EX16 | £ 120,000 | BUY | 6 / 10 | 0.04 KM |
| Bampton Street, Tiverton | £ 125,000 | BUY | 5 / 10 | 0.04 KM |
| Bampton Street, Tiverton, Devon, EX16 | £ 89,950 | BUY | 5 / 10 | 0.05 KM |
| Bampton, Tiverton | £ 1,200,000 | BUY | Unknown | 0.06 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 37a Bampton Street | £ 74,970 | 0.09 KM |
| 32b Bampton Street | £ 90,000 | 0.09 KM |
| 37 Bampton Street | £ 50,000 | 0.09 KM |
| 30 Bampton Street | £ 180,000 | 0.09 KM |
| 14a Gold Street | £ 158,000 | 0.09 KM |