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Castle Street, Tiverton

South West

£280,000
Listed on 29/12/2025

Property Details

Bedrooms
4
Type
Terraced house

Description

This impressive Grade II listed property in Tiverton presents a rare chance to invest in a characterful home with significant renovation potential. The spacious layout features two reception rooms adorned with high ceilings and original fireplaces, alluding to the property's historical charm. The well-proportioned kitchen and bathroom on the ground floor lay the groundwork for modern updates that can enhance functionality while preserving key features. The accommodation is spread over three levels, with four bedrooms offering ample living space—two of which are generously sized doubles. The presence of two basement rooms introduces an exciting opportunity for conversion into additional living areas, subject to obtaining necessary permissions. The first floor includes a shower room alongside two large bedrooms, while the upper floor houses two more bedrooms and a separate WC, making it ideal for families or guests. An enclosed rear garden provides a tranquil outdoor space perfect for relaxation or entertaining. Although the property requires some refurbishment, its charming details and prime location close to Tiverton’s town centre offer tremendous appeal for those looking to create their dream home or rental investment.

Investment Analysis

(EX16 area)
Area Average
£292/sq ft
Avg Rent (weekly)
£205
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
35
Average per month
Market Turnover
31%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.6% over the last 12 months
3 year growth: -9.8%
5 year growth: 1.6%
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.

Location

Castle Street, Tiverton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,026
Based on a loan of £210,000 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE