27 Boobery, Tiverton, Devon

Description

Three bedroom end of terrace house requiring general refurbishment, situated in a sought-after village location. The property offers good sized accommodation requiring modernisation and features a spacious lounge, dining room, kitchen with potential to modernise, useful outbuildings and a large rear garden.

Accommodation

Ground Floor: Entrance Hallway with Stairs to First Floor, Lounge, Dining Room, Kitchen, Garden Room, Boot Room, Utility, WC. First Floor: Landing, Shower Room, Bedroom One, Bedroom Two, Bedroom Three. Outside: Garden to front and large garden to rear.

Location

Situated in the sought-after village of Sampford Peverell, the property is within easy reach of a village shop, pub, primary school and doctors surgery. The nearby town of Tiverton offers a wider range of amenities, schools and leisure facilities. Transport links include access to Junction 27 of the M5, Tiverton Parkway railway station and the nearby A361 North Devon Link Road.

Tenure / Property Information

Investment Analysis

Recent Land Registry sales on Boobery range from £260,000 in August 2026 to £282,500 in November 2024. These provide a supported market range, although the comparable properties' condition and accommodation are not supplied. A midpoint-based base GDV of £271,250 is used; refurbishment requirements create uncertainty around the final value.

Investment Snapshot

Strategy Recommendation

Proceed only as a survey-led refurbishment opportunity. BTL may be viable at the guide on the supplied asking-rent evidence, but BRRR or flipping should not be underwritten until works, acquisition and selling costs are confirmed.

Works Required

General refurbishment and modernisation as described, including review of the kitchen, shower room, internal finishes and garden/outbuilding areas. The precise scope and cost require inspection and contractor quotations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the base GDV, 75% refinancing would be approximately £203,438. However, total acquisition and refurbishment cost cannot be calculated because no works allowance, purchase premium or seller fees are supplied. The strategy therefore requires a survey, works quotation and finance assessment before bidding.

Buy-to-Let Analysis

The supplied advertised asking-rent evidence is £1,100 pcm, equivalent to £13,200 annually. This indicates a gross yield of 7.33% against the £180,000 guide price before refurbishment, finance, tax and fees. A yield on total project cost cannot be established because refurbishment costs and any seller completion fees are unknown.

Flip Analysis

The supported GDV range is £260,000 to £282,500, with a base case of £271,250. A resale surplus cannot be calculated reliably because refurbishment costs and selling costs are not supplied. The guide-to-GDV spread may provide potential, but the property is explicitly described as requiring general refurbishment.

Investor Risks & Due Diligence

• Refurbishment scope and cost are not quantified.

• The rent evidence is advertised asking rent rather than achieved or passing rent.

• The sold comparables do not include condition or detailed accommodation information.

• Additional seller fees may be payable under the special conditions.

• Parking and heating details require confirmation from the auction centre.

• Gross yield calculations exclude refurbishment, finance, tax and potentially additional fees.

Recommendation

Proceed only as a survey-led refurbishment opportunity. BTL may be viable at the guide on the supplied asking-rent evidence, but BRRR or flipping should not be underwritten until works, acquisition and selling costs are confirmed.

Strategy Rating

Analysis Confidence

There are two recent local sold comparables and rental asking evidence, but no subject survey, comparable condition details, refurbishment costs, parking/heating information or complete fee schedule.