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Belmont Road, Tiverton, Devon, EX16 - Image 1
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Belmont Road, Tiverton, Devon, EX16

South West

£275,000
Listed on 13/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1613 sqft

Description

This Grade II listed house, dating back to the mid-1800s, presents a unique opportunity for renovation and investment. Located just outside the town center and in close proximity to People’s Park, the property offers both a convenient lifestyle and a charming residential setting. The exterior features a distinctive architectural style with a welcoming veranda that spans its length and eye-catching patterned red tile roofs. While the house requires some refurbishment, it holds significant potential to transform into an exceptional family home. Upon entering, you are greeted by a central hallway that allows natural light to flow through thanks to a deep window in the stairwell. To the left is a spacious living room that runs the full length of the house, offering dual aspect views with sash windows at the rear and French doors leading into a greenhouse/garden room at the front. On the right side of the hallway, there is a separate dining area which also benefits from French doors opening onto the veranda, enhancing indoor-outdoor living. Towards the rear of the property is a breakfast room leading into a single-storey kitchen extension—both areas could benefit from modern updates. The first floor accommodates four bedrooms along with an additional study that could serve as a small fifth bedroom. A bathroom and separate WC are conveniently located at the end of the hallway. The rear exterior includes substantial storage space and an outside WC, which could be adapted into a versatile home office, studio, or workshop depending on your needs. With mains electricity, water, and drainage available, this property is being offered freehold and comes to market with no onward chain. Given its location and potential for enhancement, it appears well-positioned for both immediate enjoyment and long-term investment growth.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -41.5% below area average per sq ft

-41.5%
Potential saving
This Property
£170/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

Belmont Road, Tiverton, Devon, EX16
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