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Belmont Road, Tiverton

South West

£160,000
Listed on 17/03/2026

Property Details

Bedrooms
4
Type
Detached
Area
1536 sqft

Description

This property presents a substantial opportunity for investors or buyers looking for a project. Offering three floors of accommodation, the layout includes a dining room, lounge, kitchen with utility space, and four bedrooms across the upper levels. Key renovation work has commenced but is not yet complete, allowing new owners to put their personal touch on the finishing touches. The first floor includes two double bedrooms alongside an unfinished bathroom where initial work has begun to convert one bedroom into an en-suite facility. The second floor contains two additional bedrooms as well as another shower room that remains in its current state. Given that many original features may still be intact, this property allows for creative restoration while significantly enhancing its value post-renovation. Note that checks on utilities and services are advised before proceeding with renovations.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -64.4% below area average per sq ft

-64.4%
Potential saving
This Property
£104/sq ft
Area Average
£293/sq ft
Avg Rent (weekly)
£232
Avg Yield
3.6%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £90,000
Target Value
£494,292
10% above area average per sq ft
Potential ROI
+97.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -10.2% over the last 12 months
3 year growth: -13.0%
5 year growth: -1.5%
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

Belmont Road, Tiverton
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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
£577
Based on a loan of £120,000 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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