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Belmont Road, Tiverton, Devon EX16 - Image 1
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Belmont Road, Tiverton, Devon EX16

South West

£275,000
Listed on 07/10/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1613 sqft

Description

This Grade II listed property presents an excellent opportunity for renovation, with the potential to become a remarkable family residence. Dating back to the mid-1800s, this home showcases distinctive architectural features rarely seen in the area, making it a unique find worth exploring. Located just outside the town center and a short walk from People’s Park, the property benefits from both convenience and green space. The charming veranda stretches along the front of the house, offering a sheltered area to enjoy outdoor moments regardless of the weather. The patterned red tile roof adds character to the exterior, hinting at its historical significance. Inside, you are welcomed by a central hallway that leads to various living spaces. To one side is a spacious living room with dual-aspect sash windows that fill the room with natural light, while French doors open into a greenhouse or garden room—perfect for those who appreciate plants or want a serene space to relax. Opposite is a separate dining room featuring French doors that connect directly to the veranda, enhancing indoor-outdoor flow. The back of the house includes a breakfast room and a single-story kitchen extension that provides ample space for culinary endeavors. On the first floor, there are four bedrooms plus an additional small study or fifth bedroom, allowing flexibility for different needs. At the end of the hallway lie a bathroom and separate WC. A notable feature of this property is the large storage building at the rear, which offers significant potential for conversion into a home office, studio, or workshop—ideal for those seeking dedicated work spaces or creative outlets. With mains electricity, water, and drainage services already in place and no onward chain complicating matters further, this property stands ready for new owners eager to invest in its transformation into a stunning family home.

Investment Analysis

(EX16 area)

Below Market Value

This property is priced -41.6% below area average per sq ft

-41.6%
Potential saving
This Property
£170/sq ft
Area Average
£292/sq ft
Avg Rent (weekly)
£239
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£27,500 - £68,750
10-25% of property value
Target Value
£517,652
10% above area average per sq ft
Potential ROI
+50.6%
After renovation
Monthly Sales
26
Average per month
Market Turnover
23%
Properties sold annually

Local Market Trend (EX16)

Area prices are falling by +7.0% over the last 12 months
3 year growth: -7.3%
5 year growth: 9.2%
Investment Disclaimer: Analysis based on EX16 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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, Devon EX16
Map showing location of Belmont Road, Tiverton, Devon EX16
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