3 Bed Terraced House, Single Let, Torrington, EX38 7BH, £205,000

Torrington, Devon, EX38 7BH - 7 months ago

Sold STC
BTL
~93 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

~93 m²
Price/m²£2.2K/m²

Value Estimate

£235,768
BMV15%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£51,250

Stamp Duty & Legal Fees

£11,450

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£782

Cashflow/mo

£-173

Cashflow/yr

£-2,081

Gross Yield

4%

Local Sold Prices

50 sold prices from £90K to £375K, average is £220K. £1.7K/m² to £5.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£170K11/220.07 mi101, Well Street, Torrington, Devon EX38 7BN3
£175K11/200.08 mi19, Calf Street, Torrington, Devon EX38 7BG3
£175K11/200.08 mi19, Calf Street, Torrington, Devon EX38 7BG3
£190K11/200.1 mi51, Well Street, Torrington, Devon EX38 7BW3
£250K05/220.12 mi58, Holwill Drive, Torrington, Devon EX38 7LQ3
£267.5K11/220.12 mi4, Holwill Drive, Torrington, Devon EX38 7LQ3
£280K05/220.13 mi54, Holwill Drive, Torrington, Devon EX38 7LQ3
£270K08/220.14 mi55, Holwill Drive, Torrington, Devon EX38 7LQ3
£165K11/200.16 mi12, Calf Street, Torrington, Devon EX38 8EQ3
£237.5K06/230.16 mi4, Calf Street, Torrington, Devon EX38 8EQ3
£190K10/200.17 mi3, Calvesford Close, Torrington, Devon EX38 7DH3
£190K01/210.17 mi9, Calvesford Close, Torrington, Devon EX38 7DH3
£260K08/220.18 mi31, Well Street, Torrington, Devon EX38 8EP3
£255K06/220.18 mi7, Borough Road, Torrington, Devon EX38 7NA3
£190K06/220.18 mi1, Caddywell Lane, Torrington, Devon EX38 7EE3
£260K02/230.2 mi2, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£210K09/210.22 mi28, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£235K02/230.22 mi60, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£210K07/210.22 mi46, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£320K09/220.25 mi11, Castle Street, Torrington, Devon EX38 8EZ3
£203K05/220.25 mi81, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£282.5K08/230.25 mi25, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£350K08/220.26 mi2, Rosemoor Road, Torrington, Devon EX38 7NB3
£250K11/220.26 mi11, Rosemoor Road, Torrington, Devon EX38 7NB3
£200K06/210.26 mi11, Rosemoor Road, Torrington, Devon EX38 7NB3
£250K04/210.26 mi20, Rosemoor Road, Torrington, Devon EX38 7NB3
£371K10/210.26 miPensilva, Castle Street, Torrington, Devon EX38 8EZ3
£177K08/210.26 mi4, Castle Street, Torrington, Devon EX38 8EZ3
£230K06/220.27 mi31, Burwood Road, Torrington, Devon EX38 7NE3
£290K05/210.27 mi4, Burwood Road, Torrington, Devon EX38 7NE3
£220K04/210.27 mi12, Burwood Road, Torrington, Devon EX38 7NE3
£290K09/210.27 miGootyville, Hatchmoor Road, Torrington, Devon EX38 7BU3
£375K04/210.29 miTranquility, School Lane, Torrington, Devon EX38 7AJ3
£167.5K03/210.29 mi4, School Lane, Torrington, Devon EX38 7AJ3
£165K10/200.32 mi34, Hodges Walk, Torrington, Devon EX38 7NP3
£210K03/230.32 mi3, Hodges Walk, Torrington, Devon EX38 7NP3
£225K08/220.32 mi50, Town Park, Torrington, Devon EX38 7AH3
£220K03/210.34 mi48, Town Park, Torrington, Devon EX38 7AH3
£181.5K12/200.34 mi40, Town Park, Torrington, Devon EX38 7AH3
£300K12/220.34 mi35, Town Park, Torrington, Devon EX38 7AH3
£220K02/210.36 mi5, Parkes Road, Torrington, Devon EX38 7NW3
£215K02/210.36 mi12, Parkes Road, Torrington, Devon EX38 7NW3
£90K07/220.36 miKempton House, Whites Lane, Torrington, Devon EX38 8DS3
£195K01/210.38 mi26, Dartington Fields, Torrington, Devon EX38 7DL3
£137.5K06/210.39 mi33a, New Street, Torrington, Devon EX38 8BS3
£240K07/220.39 mi8, Victory Way, Torrington, Devon EX38 7AR3
£202K02/210.41 mi24, Town Park, Torrington, Devon EX38 7AQ3
£182K05/210.42 mi59, Kingsmead Drive, Torrington, Devon EX38 7DB3
£340K04/230.42 mi1, Kingsmead Drive, Torrington, Devon EX38 7DB3
£269.9K07/210.42 mi22, Kingsmead Drive, Torrington, Devon EX38 7DD3

Local Rents

15 rents from £65/mo to £1.3K/mo, average is £775/mo.

RentDateDistanceAddressBeds 
£87504/240.05 miMorton Drive, Torrington3
£65004/240.12 miNew Road, Great Torrington, Devon2
£71005/240.19 miWell Street, Great Torrington, Devon2
£90004/240.25 miCastle Hill Gardens, Great Torrington, EX383
£70004/240.27 mi-3
£70003/240.27 miBank House, Great Torrington, Devon2
£75004/240.28 miOakwell Close, Great Torrington, Devon2
£48504/240.29 miChurch Walk, Great Torrington, Devon1
£77505/240.39 miVictory Way, Devon2
£1,30004/240.4 miTrafalgar Drive, Torrington5
£1,30004/240.4 miTrafalgar Drive, Torrington5
£1,20010/240.41 mi-5
£6504/240.67 miSandford Gardens, Torrington1
£82503/242.09 miSunnyside, Torrington, Devon3
£90004/242.15 miWest Ford Farm Cottage, Little Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.21 miles away

Nearest school

0.20 miles away

Nearest train station

6.53 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £205,000

September 2, 2024

Floor Plans

Description

  • Three Bedrooms +
  • Large Kitchen +
  • Lounge/Diner +
  • Enclosed Garden +
  • Short Walk to Town +
  • Investment Opportunity +

A stunning three-bedroom terraced home located in the heart of Torrington, this beautiful property exudes a warm and homely atmosphere, making it the perfect place to call home!

The home boasts a spacious garden, which is south-facing and ideal for relaxing or entertaining guests whilst remaining easy maintenance yet still providing lots of room for pots, planters and maybe even a greenhouse!

The interior of the property is bright and welcoming, with large windows allowing plenty of natural light to flood in. The open-plan living and dining area is airy and spacious, perfect for bringing the family together. The door leading into the kitchen is a stable door adding to the features of the property. The kitchen is a very generous space and is equipped with all the necessary appliances for convenient everyday living with space for a fridge, freezer, washing machine and a dishwasher – you will never be short of cupboard space here! The breakfast bar to rear of the room is a perfect addition dining space. A back door will lead you to the rear garden, this combining with the window gives you the flexibility of keeping a watchful eye on children and pets.

Upstairs, you will find the family bathroom and three well-appointed bedrooms, each offering ample space for a double bed in each. The landing benefits from addition storage space which will always come in handy. The bedroom to the rear is particularly spacious and benefits from a distant views of the countryside.

With its convenient location, charming features, and modern amenities, this property is sure to impress. Don't miss out on the opportunity to make this house your new home.

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.

Agent Notes:
The rear garden does have a right of way from the property to the right for external access.

The vendor informs us that the property is thought to be constructed of Stone and block under a slate tiled roof. Your surveyor or conveyancer may be able to clarify further following their investigations.

Heating: Gas boiler

Mains water (Emersion) - Mains electric - Mains drainage - Landline telephone.

Broadband coverage: Superfast available up to 80mbps (information taken from Ofcom checker)

Mobile phone coverage: Available onsite (see Ofcom checker for further information)

Directions
From the office by foot or car, continue down Well Street to the A386 turning left towards the petrol station (clearly visible). At the roundabout turn right taking the second exit into calf street where the property can be found a couple of hundred yards down on the right with a number plate clearly displayed..

Agent Details

Bond Oxborough Phillips, Torrington

020 3869 5476

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪