Westexe South, Tiverton, Devon, EX16
SE

Westexe South, Tiverton, Devon, EX16

By Seddons

£ 300,000

Reviews

1 out of 5 stars

Seddons says ..

DEVELOPMENT OPPORTUNITY Full detailed planning permission for 9 residential units. MDDC Planning Reference: 22/01755/FULL

Property Oracle says ..

This property is a development opportunity in Tiverton, Devon. The current state of the building is poor, requiring complete renovation. The location is close to several schools, including Heathcoat Primary School (0.44km), Ace Tiverton Special School (0.47km), and St John’s Catholic Primary School (0.88km), all within a reasonable distance. However, information on nearby transportation is lacking. The listed price of £300,000 is significantly higher than comparable properties in the area. Nearby terraced houses range from £60,000 to £230,000. The absence of square footage data for the subject property makes a precise price-per-square-foot comparison impossible. However, given the extensive renovation needed and the higher price point compared to other properties, the asking price appears high. The development plans suggest the creation of multiple residential units, which could potentially justify the higher price if successfully executed. However, the significant risk and investment associated with such a project must be considered.

Therefore, we give this property 3 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
2
Location
6
Land
3
Bedrooms
11
Bathrooms
11

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
440,000.00 £
Increased by 33.42 %
from 329,780.00 £
Average area rental value
850.00 £/mo
Increased by 13.64 %
from 748.00 £/mo
Est rental Yield
2.32 %
Decreased by 14.71 %
from 2.72 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Seddons created the listing.

Nearby Schools

NameTypeOfstedDistance
Heathcoat Primary SchoolFoundation SchoolGood0.44 KM
Ace Tiverton Special SchoolFree Schools Special0.47 KM
St John'S Catholic Primary SchoolAcademy ConverterRequires improvement0.88 KM
Castle Primary SchoolFoundation SchoolGood1.03 KM
Tiverton High SchoolFoundation SchoolGood1.28 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Amory Road £ 000.00 KM
Collipriest Road £ 000.00 KM
Bridge Street £ 000.00 KM
Morville Place £ 000.00 KM
Landboat Cottages £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Westexe South, Tiverton, Devon, EX16 £ 300,000BUY3 / 100.00 KM
Carpenter Close, Tiverton, Devon, EX16 £ 90,000BUYUnknown0.06 KM
Westexe South, Tiverton, Devon, EX16 £ 125,000BUYUnknown0.14 KM
Guardian Court, Worthing, BN13 2EE £ 130,000BUY6 / 100.16 KM
Broad Lane, Tiverton, Devon, EX16 £ 280,000BUY7 / 100.17 KM

Nearby Properties

AddressPriceDistance
126 Westexe South £ 60,0000.03 KM
8 Exe Vale Terrace £ 200,0000.13 KM
4 Exe Vale Terrace £ 230,0000.13 KM
2 Exe Vale Terrace £ 190,0000.13 KM
7 Exe Vale Terrace £ 151,5000.13 KM