3 Bed Terraced House, Single Let, Torrington, EX38 8AL, £160,000

10A Mill Street, Torrington, Devon, EX38 8AL - 1 views - 9 months ago

BTL
62 m²
+7 photos

ValuationOvervalued

Sold Prices£90K - £375K
Sold Prices/m²£1.7K/m² - £5.5K/m²

 

 

Square Metres

62 m²
Price/m²£2.6K/m²

Value Estimate

£141,266

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,200

Total Cash In

£49,200

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£588

Running Costs/mo

£638

Cashflow/mo

£-50

Cashflow/yr

£-595

Gross Yield

4%

Local Sold Prices

50 sold prices from £90K to £375K, average is £217.5K. £1.7K/m² to £5.5K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£260K12/220.02 mi45, Mill Street, Torrington, Devon EX38 8AL3
£350K11/200.12 miPury Cottage, Warren Lane, Torrington, Devon EX38 8AG3
£180K07/210.13 mi50, Mill Street, Torrington, Devon EX38 8AN3
£105K06/210.13 mi30, Mill Street, Torrington, Devon EX38 8AN3
£200K05/230.14 mi63, New Street, Torrington, Devon EX38 8BT3
£196K11/200.14 mi160, New Street, Torrington, Devon EX38 8BU3
£196K11/200.15 mi160, New Street, Torrington, Devon EX38 8BU3
£137.5K06/210.15 mi33a, New Street, Torrington, Devon EX38 8BS3
£90K07/220.16 miKempton House, Whites Lane, Torrington, Devon EX38 8DS3
£250K11/220.17 mi147, New Street, Torrington, Devon EX38 8BU3
£175K10/200.2 mi171, New Street, Torrington, Devon EX38 8BX3
£215K06/230.2 mi177, New Street, Torrington, Devon EX38 8BX3
£295K07/220.2 mi161, New Street, Torrington, Devon EX38 8BX3
£177.5K02/210.21 mi11, Louise Terrace, Torrington, Devon EX38 8DB3
£202K02/210.22 mi24, Town Park, Torrington, Devon EX38 7AQ3
£230K08/220.22 mi9, Louise Terrace, Torrington, Devon EX38 8DB3
£250K10/220.23 mi19, Town Park, Torrington, Devon EX38 7AQ3
£371K10/210.25 miPensilva, Castle Street, Torrington, Devon EX38 8EZ3
£177K08/210.25 mi4, Castle Street, Torrington, Devon EX38 8EZ3
£375K04/210.25 miTranquility, School Lane, Torrington, Devon EX38 7AJ3
£167.5K03/210.25 mi4, School Lane, Torrington, Devon EX38 7AJ3
£320K09/220.25 mi11, Castle Street, Torrington, Devon EX38 8EZ3
£266K05/210.26 mi102, Mill Street, Torrington, Devon EX38 8AW3
£310K06/210.26 mi114, Mill Street, Torrington, Devon EX38 8AW3
£185K12/220.26 mi86, Mill Street, Torrington, Devon EX38 8AW3
£225K08/220.26 mi50, Town Park, Torrington, Devon EX38 7AH3
£220K03/210.27 mi48, Town Park, Torrington, Devon EX38 7AH3
£181.5K12/200.27 mi40, Town Park, Torrington, Devon EX38 7AH3
£300K12/220.27 mi35, Town Park, Torrington, Devon EX38 7AH3
£205K09/210.28 mi4, Moorland Terrace, Torrington, Devon EX38 8DD3
£290K11/210.3 mi209, New Street, Torrington, Devon EX38 8BY3
£250K12/200.3 mi190, New Street, Torrington, Devon EX38 8BY3
£266K02/210.3 mi209, New Street, Torrington, Devon EX38 8BY3
£260K08/220.31 mi31, Well Street, Torrington, Devon EX38 8EP3
£270K11/210.32 mi12, St Marys Close, Torrington, Devon EX38 8AS3
£165K11/200.33 mi12, Calf Street, Torrington, Devon EX38 8EQ3
£237.5K06/230.33 mi4, Calf Street, Torrington, Devon EX38 8EQ3
£260K02/230.35 mi2, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£282.5K08/230.35 mi25, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£203K05/220.36 mi81, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£210K09/210.37 mi28, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£235K02/230.37 mi60, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£210K07/210.37 mi46, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£240K07/220.39 mi8, Victory Way, Torrington, Devon EX38 7AR3
£250K09/220.39 mi95, Trafalgar Drive, Torrington, Devon EX38 7AD3
£190K11/200.39 mi51, Well Street, Torrington, Devon EX38 7BW3
£175K11/200.41 mi19, Calf Street, Torrington, Devon EX38 7BG3
£175K11/200.41 mi19, Calf Street, Torrington, Devon EX38 7BG3
£185K05/210.41 mi14, Trafalgar Drive, Torrington, Devon EX38 7AB3
£166.5K11/200.42 mi91, Trafalgar Drive, Torrington, Devon EX38 7AD3

Local Rents

14 rents from £65/mo to £1.3K/mo, average is £763/mo.

RentDateDistanceAddressBeds 
£6504/240.19 miSandford Gardens, Torrington1
£48504/240.21 miChurch Walk, Great Torrington, Devon1
£70004/240.22 mi-3
£70003/240.22 miBank House, Great Torrington, Devon2
£71005/240.3 miWell Street, Great Torrington, Devon2
£90004/240.36 miCastle Hill Gardens, Great Torrington, EX383
£65004/240.37 miNew Road, Great Torrington, Devon2
£77505/240.39 miVictory Way, Devon2
£1,30004/240.43 miTrafalgar Drive, Torrington5
£1,30004/240.43 miTrafalgar Drive, Torrington5
£1,20010/240.44 mi-5
£87504/240.51 miMorton Drive, Torrington3
£75004/240.68 miOakwell Close, Great Torrington, Devon2
£90004/241.71 miWest Ford Farm Cottage, Little Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.31 miles away

Nearest school

0.50 miles away

Nearest train station

7.01 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £160,000

June 27, 2024

Floor Plans

Description

  • Three bedrooms +
  • Lounge/diner +
  • On road parking +
  • Views +
  • Family bathroom +

A hidden gem situated on one of Torrington’s desirable roads, dwindled amongst the stunning period properties of Mill street sits 10a. You will notice 10a is surrounded by traditional cottages, far reaching views and rolling hills of the Torridge Valley with the village of Taddiport nestled below. All of traditional construction and under a slate roof with rendered and colour washed elevations.

The accommodation comprises a spacious and light Lounge/Diner flowing through to a fitted Kitchen with work surfaces and an outlook to the court yard. To the rear aspect of the property is where the family bathroom is located. On the First Floor are 2 Bedrooms. Bedroom one with built-in storage cupboard.
On the second floor is bedroom Two with stunning views across to the Torridge valley from the Velux window, 10a Mill street benefits from some original features including two stunning stone fire places in the Lounge/Diner.
Conveniently located a short skip from the town square where all your grocery needs can be satisfied. Parking is often a premium here in town but for only a cost of only approx. £1.50 per day you can purchase an annual permit to park in any of the towns public car parks close at hand.

Did you know? Mill Street was the escape route taken by Royalist soldiers fleeing to the west after their defeat at the Battle of Torrington in 1646. Originally, all the houses were thatched, some of them up until the 1960s, but the only thatched buildings remaining are Rose Cottage and the Torridge Inn down at the bottom of the street.

Great Torrington is a beautiful market town located on the top of a hill surrounded by 365 acres of commons allowing for miles of scenic walks with access to the locally renowned Tarka trail, a footpath / cycle way mainly built on the bed of a disused railway where the gradients are gentle. It winds its way following the course of the river Torridge as far North as Ilfracombe or going inland South towards Meeth.

Directions
On foot from Torrington Square proceed up the hill along South Street passing the Co-op and the public car park on your left hand side. At the top as the road bears right into Whites Lane, continue straight on and down the hill into Mill Street where No 10a will be found on your right right side with a number plate clearly displayed. Alternatively, by car from Torrington take the A386 (New Street) towards Bideford and upon leaving the town turn left onto the B3227 signposted Langtree/Holsworthy. Follow the road through the bends and before Taddiport Bridge, take the left hand turning into Mill Street where No 10a will be found on the left hand side with a number plate and for sale board clearly displayed.

Agent Details

Bond Oxborough Phillips, Torrington

020 3869 5476

Next Steps?

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