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Park Street, Tiverton, EX16

South West

£199,995
Listed on 14/02/2026

Property Details

Bedrooms
4
Type
Terraced house
Area
1023 sqft

Description

This four-bedroom house, located in the heart of Tiverton on Park Street, presents a remarkable opportunity for renovation enthusiasts or investors seeking to maximize value. While currently requiring substantial modernization throughout, the property's generous layout and historical character provide a solid foundation for transformation. The multi-level design offers spacious rooms, including a bright lounge with period features and an adjoining dining room, both awaiting revitalization. The kitchen is ripe for an update to reflect contemporary standards, while the basement presents additional potential as a workshop or storage area, possibly even convertible into living space pending necessary permissions. Upstairs, three large double bedrooms and a versatile attic room await your creative touch, making this an ideal project for those looking to craft their dream home or tap into the rental market. With a sizable west-facing garden and a double garage boosting its practicality in this central location, this property truly is a blank canvas brimming with promise.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -33.1% below area average per sq ft

-33.1%
Potential saving
This Property
£195/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£209
Avg Yield
3.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£328,813
10% above area average per sq ft
Potential ROI
+13.4%
After renovation
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
35%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -8.1% over the last 12 months
3 year growth: -12.0%
5 year growth: +0.2%
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

Park Street, Tiverton, EX16
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £149,996 over 30 years at 4.06% 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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