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Turnpike, Sampford Peverell, Tiverton

South West

£350,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1482 sqft

Description

This canal-side home in a charming village presents a unique opportunity for those looking to invest in renovation and modernization. With four bedrooms and two bathrooms, the property offers spacious living and dining areas that provide both comfort and versatility. Large glazed doors lead from the living space to a private garden, which features appealing views of the Grand Western Canal and surrounding countryside. Situated in an elevated location near the village center, this home benefits from excellent access to local amenities, including a post office, general store, popular pub, primary school, hairdressers, and a village hall. The nearby canal provides scenic walking and cycling paths, ideal for those who appreciate outdoor activities. For commuters, the M5 (junction 27) and Tiverton Parkway Station are just 1.7 miles away, offering quick transport links to London Paddington. The property’s interior is generous and flexible; on the ground floor, you’ll find a spacious living/dining room along with a compact kitchen equipped with built-in appliances and a shower room for convenience. Upstairs, three of the four rooms serve as bedrooms while one is currently set up as a home office. A family bathroom completes this level. While the home does require some modernisation, it presents an ideal canvas for personalization according to your taste. Outside, the rear garden is primarily paved and cobbled—designed for low maintenance but still featuring mature shrubs that add character. Steps lead down to a delightful canal-side garden area that can be rented from the current vendor for £50 per year. Off-road parking is provided with one allocated space within a carport. This property has potential not only for creating a contemporary residence but also for appreciating in value given its desirable location within the Sampford Peverell Conservation area. It falls within the catchment area for Uffculme School and Blundell's School—a significant advantage for families seeking quality education options. With essential services such as mains electricity, water, drainage, and evidence of central heating available (subject to buyer verification), along with predicted broadband capabilities ranging from standard to ultrafast speeds, this home meets both practical needs and future lifestyle aspirations. Viewings are available by appointment only; please reach out if you wish to explore this investment potential further.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -18.9% below area average per sq ft

-18.9%
Potential saving
This Property
£236/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£474,551
10% above area average per sq ft
Potential ROI
+15.7%
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

Turnpike, Sampford Peverell, 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
£1,282
Based on a loan of £262,500 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.

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