# 2 bedroom terraced house for sale (EX16 5JY) ## Property Details | Key | Value | |-----|-------| | Address | COSY COTTAGE, 4, HIGHER WELLBROOK STREET, TIVERTON, DEVON EX16 5JY | | Price | £165,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | A | | Last sold | £176,500 Dec 2025 | ## Description Charming 2 Bedroom Cottage with South-Facing Garden, Views and Modern Upgrades. This charming two-bedroom cottage has been beautifully enhanced by the current vendor, creating a warm and inviting home that blends character with comfort. Set back from the road, it enjoys views over its own garden and beyond to the green open space of “Westexe Park,” with its mature trees, ponds, bowling green and even a bandstand. The front garden has been transformed into a beautiful and natural lawned space with mature shrub borders, perfectly complementing the cottage’s setting. South-facing, it’s an idyllic spot to enjoy a cappuccino or glass of wine on a sunny day. A stable door opens into the sitting room, where the focal point is a stunning renovated open fireplace with a log burner, adding to the perfect cottage feel. A deep windowsill frames views over the front garden, and the space is light and welcoming. The kitchen has been thoughtfully improved, now benefitting from an additional window which floods the room with natural light. Fitted with cream gloss units, stainless steel fittings, granite-effect laminate work surfaces, inset gas hob, electric oven and stainless-steel hood, it offers both style and practicality. From here, a stable door leads to the rear courtyard/path, the utility room with plumbing and lighting, and rear access to Melbourne Street. Additional under-stairs storage adds to the home’s practicality. Upstairs, there are two bedrooms. The main bedroom is south-facing with lovely views across the green space, while the second bedroom – currently used as an office – enjoys plenty of natural light and overlooks the rear. The bathroom has been updated to include an enclosed double shower, complementing its fresh and modern feel. This is a little gem of a cottage, combining charming period features with tasteful updates, making it ready to move into and enjoy. Services: Mains electric, gas, water, and drainage Tenure: Freehold Council Tax: A Local Authority: MDDC ## Property Photos - ![1](/listings/photos/166215962/629942) - 1 - ![2](/listings/photos/166215962/629943) - 2 - ![3](/listings/photos/166215962/629944) - 3 - ![4](/listings/photos/166215962/629945) - 4 - ![5](/listings/photos/166215962/629946) - 5 - ![6](/listings/photos/166215962/629947) - 6 - ![7](/listings/photos/166215962/629948) - 7 - ![8](/listings/photos/166215962/629949) - 8 - ![1340405-20-689f40...](/listings/photos/166215962/629950) - 1340405-20-689f40... - ![1340405-21-689f41...](/listings/photos/166215962/629952) - 1340405-21-689f41... - ![10](/listings/photos/166215962/629953) - 10 - ![20](/listings/photos/166215962/629956) - 20 - ![9](/listings/photos/166215962/629958) - 9 - ![1340405-23-689f40...](/listings/photos/166215962/629961) - 1340405-23-689f40... - ![1340405-22-689f40...](/listings/photos/166215962/629964) - 1340405-22-689f40... - ![1340405-1-689f3d3...](/listings/photos/166215962/629966) - 1340405-1-689f3d3... - ![1340405-4-689f3d8...](/listings/photos/166215962/629968) - 1340405-4-689f3d8... - ![1340405-6-689f3e2...](/listings/photos/166215962/629970) - 1340405-6-689f3e2... - ![1340405-8-689f3e5...](/listings/photos/166215962/629972) - 1340405-8-689f3e5... - ![1340405-9-689f5a4...](/listings/photos/166215962/629975) - 1340405-9-689f5a4... - ![1340405-11-689f3f...](/listings/photos/166215962/629976) - 1340405-11-689f3f... - ![1340405-13-689f56...](/listings/photos/166215962/629977) - 1340405-13-689f56... - ![1340405-14-689f3f...](/listings/photos/166215962/629978) - 1340405-14-689f3f... - ![1340405-15-689f52...](/listings/photos/166215962/629979) - 1340405-15-689f52... - ![1340405-17-689f43...](/listings/photos/166215962/629980) - 1340405-17-689f43... - ![1340405-18-689f3f...](/listings/photos/166215962/629982) - 1340405-18-689f3f... ## Floorplans - ![Floorplan](/listings/photos/166215962/629984) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/166215962/629986) - EPC Rating Graph - ![EPC](/listings/photos/166215962/629987) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | COSY COTTAGE, 4 HIGHER WELLBROOK STREET, TIVERTON, MID DEVON, DEVON, EX16 5JY | £176,500 | 16/12/2025 | Terraced | | COSY COTTAGE, 4 HIGHER WELLBROOK STREET, TIVERTON, MID DEVON, DEVON, EX16 5JY | £116,000 | 09/05/2014 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 12 KING STREET, TIVERTON, MID DEVON, DEVON, EX16 5JE | £230,000 | 09/01/2026 | Terraced | | 46 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5LA | £252,500 | 18/12/2025 | Terraced | | 19 JOHN STREET, TIVERTON, MID DEVON, DEVON, EX16 5JP | £229,000 | 31/01/2025 | Terraced | | [Same street] 2 HIGHER WELLBROOK STREET, TIVERTON, MID DEVON, DEVON, EX16 5JY | £122,000 | 21/04/2023 | Terraced | | 3 SEYMOUR TERRACE, TIVERTON, MID DEVON, DEVON, EX16 5JR | £264,000 | 19/12/2022 | Terraced | | 53 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5LB | £157,000 | 28/09/2022 | Terraced | | 37 LEAT STREET, TIVERTON, MID DEVON, DEVON, EX16 5LG | £480,000 | 28/09/2022 | Terraced | | 2 LEAT STREET, TIVERTON, MID DEVON, DEVON, EX16 5LJ | £167,500 | 19/08/2022 | Terraced | | HINES COURT WELLBROOK STREET, TIVERTON, MID DEVON, DEVON, EX16 5JW | £150,000 | 09/08/2022 | Terraced | | 20 LEAT STREET, TIVERTON, MID DEVON, DEVON, EX16 5LG | £285,000 | 09/08/2022 | Terraced | | 5 CHURCH STREET, TIVERTON, MID DEVON, DEVON, EX16 5HY | £141,500 | 27/07/2022 | Terraced | | 36 LEAT STREET, TIVERTON, MID DEVON, DEVON, EX16 5LG | £320,000 | 26/07/2022 | Terraced | | 7 SEYMOUR TERRACE, TIVERTON, MID DEVON, DEVON, EX16 5JR | £247,000 | 07/07/2022 | Terraced | | 6 ALEXANDRA TERRACE, TIVERTON, MID DEVON, DEVON, EX16 5JS | £257,500 | 08/04/2022 | Terraced | | 12 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5JZ | £190,050 | 18/03/2022 | Terraced | | 24 JOHN STREET, TIVERTON, MID DEVON, DEVON, EX16 5JP | £187,500 | 03/02/2022 | Terraced | | 53 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5LB | £135,000 | 14/01/2022 | Terraced | | 56 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5LA | £220,000 | 10/11/2021 | Terraced | | 30 MELBOURNE STREET, TIVERTON, MID DEVON, DEVON, EX16 5LA | £178,000 | 01/07/2021 | Terraced | | 1 LEAT STREET, TIVERTON, MID DEVON, DEVON, EX16 5LJ | £210,000 | 30/06/2021 | Terraced | | 10 KING STREET, TIVERTON, MID DEVON, DEVON, EX16 5JE | £220,000 | 22/06/2021 | Terraced | **Street average:** £122,000 (1 sale) **Area average:** £226,078 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £238,415 (38 Terraced, EX16, 2024–2026) - **Deviation:** -30.8% ## Rental Range *ONS Price Index of Private Rents (Mid Devon). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £785/mo - **Realistic:** £872/mo - **Optimistic:** £959/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Mid & East Devon (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £683/mo ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Semi-Detached House, Blundells Square, EX16 | £950/mo | 2 | 1.21 miles | OpenRent | **Average rent: £950/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.58% (weak for cashflow) - **Max investor price (0.8%):** £118,750 - **Target investor price (1%):** £95,000 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £950/mo).* - **Gross yield:** 6.9% - **Cost-to-rent:** 14.5× - **Monthly cashflow:** £180/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.5% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -2.8% - **10y growth:** 24.8% ## House Price Index (HM Land Registry) *Official index for Mid Devon; Terraced series; as of March 2026.* - **1y growth (index):** -2.9% - **5y growth (index):** 11.3% - **10y growth (index):** 41% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)