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Narrow Lane, Tiverton

South West

£180,000
Listed on 11/05/2026

Property Details

Bedrooms
2
Type
Semi Detached
Area
777 sqft

Description

This two-bedroom property offers an abundance of natural light and presents a significant opportunity for refurbishment. Upon entering, you are greeted by a welcoming hallway that leads to a spacious living room, enhanced by large windows that invite plenty of sunlight, making it an ideal setting for relaxation or hosting gatherings. Adjacent to this is the kitchen diner, which is ready for your creative vision; its L-shaped layout provides ample room for cooking and dining, along with valuable under-stairs storage. The adjoining conservatory serves as a bright extension of the living space, boasting views of the expansive rear garden—a fantastic area for outdoor activities or potential landscaping enhancements. The first floor comprises two generous double bedrooms, both offering sufficient space for furnishings and personal touches. The clever built-in storage in bedroom two maximizes functionality without sacrificing style. The family bathroom sits conveniently next to bedroom two and invites modern updates to create a sanctuary tailored to your preferences. Externally, off-road parking adds convenience while the substantial garden is ripe with potential for various outdoor projects or simply enjoying time outside. This home stands as a promising prospect for those looking to invest and create a personalized family dwelling in a sought-after South West location.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -21.2% below area average per sq ft

-21.2%
Potential saving
This Property
£232/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£251,282
10% above area average per sq ft
Potential ROI
+22.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
31
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -9.4% over the last 12 months
3 year growth: -12.0%
5 year growth: -3.4%
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

Narrow Lane, Tiverton
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£642
Based on a loan of £135,000 over 30 years at 3.97% 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.

Stamp Duty Calculator

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