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Hill Crest, Tiverton

South West

£210,000
Listed on 13/10/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1053 sqft

Description

This three-bedroom home presents a promising opportunity for renovation and investment. Located in a desirable area, the property is conveniently situated near local schools and the vibrant town center, making it ideal for families or investors looking to capitalize on its potential. Upon entering, you are welcomed by a spacious lounge filled with natural light, leading into a cozy conservatory – a versatile space that could be used for relaxation or entertaining guests. The adjoining dining room offers ample room for family gatherings. The kitchen, while in need of updates, has good dimensions that allow for creativity in reimagining your cooking space. Additionally, the ground floor includes a convenient WC and under-stair storage. Heading upstairs, you'll find two generously sized double bedrooms complemented by a smaller bedroom suitable for a child's room or home office. The shower room upstairs provides considerable space that could be transformed to meet modern standards. The outdoor area features a sizable rear garden that offers a peaceful retreat, accompanied by a stone outbuilding with potential for conversion into a workshop or extra storage. This property is being sold with no onward chain, providing an efficient pathway to take on this renovation project. With its central location and inherent potential for value enhancement through thoughtful updates, this home stands as an attractive option for those looking to invest in real estate in Tiverton. Schedule a visit to explore how you can make this property your own and unlock its full capabilities.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -31.5% below area average per sq ft

-31.5%
Potential saving
This Property
£199/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£337,181
10% above area average per sq ft
Potential ROI
+34.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
36
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.4% over the last 12 months
3 year growth: -8.9%
5 year growth: 4.2%
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

Hill Crest, 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
£769
Based on a loan of £157,500 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.

Next Steps

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