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Turnpike, Sampford Peverell, Tiverton

South West

£400,000
Listed on 12/09/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1482 sqft

Description

This canal-side village home offers an impressive canvas for renovation and investment, situated in a desirable location with scenic views over the Grand Western Canal. Comprising four bedrooms and two bathrooms, the property presents flexible living spaces that can be tailored to meet contemporary lifestyle needs. Inside, the generous living and dining room forms the heart of the home, featuring large glazed doors that open onto the private garden. A compact kitchen with built-in appliances and a convenient shower room complete the ground floor. On the upper level, you will find four rooms: three are currently utilized as bedrooms, while one serves as a home office, along with a family bathroom. Though requiring modernization, this residence provides ample opportunity for enhancement to create a stylish and personalized living environment. The outdoor space includes a low-maintenance garden primarily paved and cobbled for easy entertaining. Steps lead down to an attractive canal-side garden, which is currently rented for £50 per year. Additionally, there is allocated parking within a carport. Located conveniently close to the village center, residents will benefit from nearby amenities including a post office, general store, popular pub, primary school, and hairdressers. The property is well-situated for access to walking and cycling paths along the canal. For commuters, the M5 (junction 27) and Tiverton Parkway Station are just 1.7 miles away, providing quick links to London Paddington. The property falls within the catchment area for Uffculme School and Blundell’s School, which offers discounts for local students—adding further appeal for families seeking educational opportunities. In summary, this property not only provides comfortable accommodation but also holds significant potential for those looking to invest in a project that can be transformed into a modern family home or rental property in an attractive village setting.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -7.5% below area average per sq ft

-7.5%
Potential saving
This Property
£270/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£40,000 - £100,000
10-25% of property value
Target Value
£475,611
10% above area average per sq ft
Potential ROI
-4.9%
After renovation
Monthly Sales
26
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.0% over the last 12 months
3 year growth: -7.3%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on EX16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Turnpike, Sampford Peverell, Tiverton
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