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Castle Street, Tiverton, Devon, EX16

South West

£275,000
Listed on 13/10/2025

Property Details

Bedrooms
5
Type
Terraced house
Area
2400 sqft

Description

This substantial Grade II listed townhouse, a notable double fronted structure in the heart of Tiverton, presents a unique opportunity for renovation and investment. Dating back to the 1840s, this property has historical significance, likely serving as a residence for the minister of the adjacent church, with roots tracing back to 1607. The residence is characterized by its impressive size and traditional layout, featuring two generous reception rooms on either side of an inviting entrance hall. The rear of the house includes a striking room with French doors that once opened onto a charming verandah, hinting at the potential for creating an appealing outdoor living space. The kitchen, while functional, offers possibilities for modernization and enhancement with an adjoining utility area that could further expand its utility. A charming turning staircase leads to the upper floors where you will find three spacious double bedrooms. The master suite includes an en-suite bathroom plus a dressing room, designed with a 'Jack and Jill' access arrangement that adds flexibility. An additional family bathroom is conveniently located at the top of the stairs. The second floor features a large attic room that can serve as a teenage retreat or guest suite, complete with bedroom space and a sink. At the rear of the property lies an enclosed garden bordered by walls on two sides and secured by ornamental iron fencing at the end. This peaceful garden backs onto the church car park, providing an added layer of tranquility amid central town life. Situated on Castle Street—one of Tiverton’s historic thoroughfares within a conservation area—this property is close to picturesque highlights such as the famous town leat. Although parking is unrestricted just minutes away along the park, there are also options for purchasing annual permits for nearby central parking facilities. Tiverton itself thrives as a market town offering diverse shopping amenities alongside educational opportunities such as Blundells Independent School and Petroc College. Recreational options abound with local golf courses, sports complexes, and healthcare facilities including Tiverton Hospital. This property not only embodies character and history but also stands as a canvas ripe for modern updates and personalization—ideal for those looking to invest in a unique home in a vibrant community setting.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -60.7% below area average per sq ft

-60.7%
Potential saving
This Property
£115/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£223
Avg Yield
3.3%
Monthly Sales
33
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.5% over the last 12 months
3 year growth: -9.2%
5 year growth: 6.1%
Investment Disclaimer: Analysis based on EX16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

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Location

Castle Street, Tiverton, Devon, EX16
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