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Waylands Road, Tiverton, EX16 6UT

South West

£230,000

Listed on 03/06/2026

Property Details

Bedrooms
3
Type
Terraced
Area
1273 sqft

Description

This three-bedroom townhouse, situated on the established Waylands Road in Tiverton, presents a valuable opportunity for renovation and investment. Spread across three levels, the property is ideal for families or first-time buyers eager to infuse their personal style into a space that requires modernisation. The ground floor consists of a kitchen with direct access to a private garden, and a separate lounge that benefits from ample natural light. On the first floor, you'll find two spacious bedrooms alongside a family bathroom. The top floor is dedicated to an expansive master bedroom featuring an en-suite bathroom and built-in storage solutions. While the property currently needs comprehensive updating, it serves as an excellent blank canvas for those looking to transform it into a contemporary residence in a highly sought-after area.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -38.5% below area average per sq ft

-38.5%
Potential saving
This Property
£181/sq ft
Area Average
£294/sq ft
Avg Rent (weekly)
£231
Avg Yield
3.4%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£411,128
10% above area average per sq ft
Potential ROI
+52.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by -7.6% over the last 12 months
3 year growth: -12.2%
5 year growth: -3.2%
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

Waylands Road, Tiverton, EX16 6UT
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£869
Based on a loan of £172,500 over 30 years at 4.45% 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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