Stags says ..
A residential and commercial complex for redevelopment/improvement. Whole site 0.45 acres. Over 11,000 sq ft of buildings. Four bed period house. Two bed flat. Former listed house/business premises. Former showroom/stone building. Two garages and parking for 20 vehicles. Walled private gardens. C...
Property Oracle says ..
This property presents a unique opportunity in Tiverton, Devon. It’s a large complex with multiple buildings, including a substantial residential section, potentially with up to eight bedrooms and four bathrooms (the listing is somewhat unclear on the specifics). The substantial grounds add to its appeal, though precise acreage is missing. The location is convenient to schools and the town centre, but public transport details are absent.
However, the property requires extensive refurbishment. The interior photos show outdated decor, damaged areas, and a general need for significant modernisation. The costs associated with bringing this property to a habitable condition are likely substantial, and prospective buyers must be prepared for such an investment. The list price of £595,000 is fairly high considering the current condition and the limited available data on the actual square footage. Whilst the sheer size and land add significant value, buyers should carefully review the cost of renovation against the potential end value to ensure it presents the return on investment they are seeking. The property would suit a buyer looking for a long-term project with potential for considerable return, or a developer interested in capitalising on the existing structures and land. Further due diligence is vital before committing to a purchase.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 6
- Bedrooms
- 8
- Bathrooms
- 4
- Sqft (est)
- 8,967.41
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
- 324,167.00 £Decreased by 11.55 %
- Est sale value
- 2,869,571.20 £Increased by 24.03 %
- Average area rental value
- 949.00 £/moDecreased by 4.72 %
- Est letting value
- 0.00 £/mo
- Est rental Yield
- 3.51 %Increased by 7.67 %
- Crime Rate
- 31.00 %Unchanged by 0.00 %
Agent Activity
Stags created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Castle Primary School | Foundation School | Good | 0.37 KM |
| Two Moors Children'S Centre (Tiverton 2) | Children's Centre | 0.91 KM | |
| Two Moors Primary School | Foundation School | Good | 0.93 KM |
| Heathcoat Primary School | Foundation School | Good | 1.39 KM |
| Tiverton Children'S Centre Service (Wilcombe) 1 | Children's Centre | 1.39 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Coopers Court | £ 0 | 0 | 0.00 KM |
| Belmont Close | £ 225,000 | 0 | 0.00 KM |
| Park Street | £ 168,333 | 0 | 0.00 KM |
| Castle Street | £ 275,000 | 0 | 0.00 KM |
| Crown Walk | £ 192,500 | 0 | 0.00 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Blundells Road, Tiverton | £ 595,000 | BUY | 5 / 10 | 0.00 KM |
| Blundells Road, Tiverton, Devon, EX16 | £ 595,000 | BUY | 5 / 10 | 0.02 KM |
| Station Road, Tiverton | £ 145,000 | BUY | 6 / 10 | 0.10 KM |
| Station Road, Tiverton | £ 125,000 | BUY | 6 / 10 | 0.10 KM |
| Chapel Street, Tiverton, Devon, EX16 | £ 229,995 | BUY | 5 / 10 | 0.18 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 64 Chapel Street | £ 136,000 | 0.19 KM |
| 55 Chapel Street | £ 161,000 | 0.19 KM |
| 39 Chapel Street | £ 95,000 | 0.19 KM |
| 47 Chapel Street | £ 120,000 | 0.19 KM |
| 1a Chapel Street | £ 130,000 | 0.20 KM |