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Higher Cotteylands, Tiverton

South West

£230,000
Listed on 17/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
967 sqft

Description

This property, nestled in the desirable Higher Cotteylands area, presents a promising opportunity for those looking to invest in a home with significant renovation potential. The three-bedroom house is situated in an elevated position, providing stunning views across Tiverton and the surrounding countryside, making it an appealing choice for buyers seeking both tranquility and scenic beauty. Inside, the layout offers ample living space with a welcoming lounge featuring a traditional fireplace that serves as a focal point. A versatile second reception room can be utilized as a dining area or converted into a home office, depending on your needs. The kitchen/diner provides direct access to the rear garden, which is ripe for modernization and personalization, allowing future owners to tailor it to their preferences. Upstairs, you will find three bedrooms—two generously sized doubles and a single—accompanied by a family bathroom and additional WC. While the property requires updating throughout, this presents an excellent canvas for buyers to add value through renovations and improvements. The outdoor space is particularly noteworthy; the tiered rear garden boasts lawn areas, mature hedging, and even a greenhouse, ideal for gardening enthusiasts or anyone looking to create an inviting outdoor retreat. The front garden complements the property’s charm with its well-maintained lawn and pathway leading to the entrance porch. In terms of location benefits, this home is conveniently close to local amenities, schools, and transport links. Tiverton itself is known for its vibrant community atmosphere and offers various shops, recreational facilities, and educational institutions. It also provides excellent travel connections to Exeter and Taunton via the North Devon link road and M5 access from junction 27. Overall, this property not only offers comfortable living but also holds significant investment potential in a sought-after neighborhood. Whether you're looking to make it your own or seek out an opportunity for return on investment through renovations, this home certainly warrants consideration.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -18.3% below area average per sq ft

-18.3%
Potential saving
This Property
£238/sq ft
Area Average
£291/sq ft
Avg Rent (weekly)
£210
Avg Yield
3.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£309,643
10% above area average per sq ft
Potential ROI
+12.6%
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

Higher Cotteylands, 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
£843
Based on a loan of £172,500 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