5 Bed Terraced House, Single Let, Torrington, EX38 8BT, £385,000

Porch House, Torrington, EX38 8BT - 7 months ago

Sold STC
BTL
~229 m²
+13 photos

ValuationUndervalued

Sold Prices£170.7K - £410K
Sold Prices/m²£1K/m² - £3.5K/m²

 

 

Square Metres

~229.28 m²
Price/m²£1.7K/m²

Value Estimate

£477,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£96,250

Stamp Duty & Legal Fees

£27,200

Total Cash In

£123,450

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£1,345

Cashflow/mo

£-736

Cashflow/yr

£-8,831

Gross Yield

2%

Local Sold Prices

6 sold prices from £170.7K to £410K, average is £315K. £1K/m² to £3.5K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£390K10/200 mi83, New Street, Torrington, Devon EX38 8BT5
£170.7K04/210.23 mi202, New Street, Torrington, Devon EX38 8BY5
£355K06/210.27 mi23, Castle Street, Torrington, Devon EX38 8EZ5
£275K09/210.7 mi28, Burwood Road, Torrington, Devon EX38 7NE5
£253K07/230.79 mi47, Burwood Road, Torrington, Devon EX38 7NG5
£410K07/230.86 mi17, Kingsmead Drive, Torrington, Devon EX38 7DB5

Local Rents

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

RentDateDistanceAddressBeds 
£48504/240.17 miChurch Walk, Great Torrington, Devon1
£70003/240.19 miBank House, Great Torrington, Devon2
£70005/240.2 mi-3
£6504/240.25 miSandford Gardens, Torrington1
£77505/240.26 miVictory Way, Devon2
£71005/240.29 miWell Street, Great Torrington, Devon2
£1,30004/240.3 miTrafalgar Drive, Torrington5
£1,30004/240.3 miTrafalgar Drive, Torrington5
£1,20010/240.31 mi-5
£65004/240.33 miNew Road, Great Torrington, Devon2
£90004/240.4 miCastle Hill Gardens, Great Torrington, EX383
£87504/240.46 miMorton Drive, Torrington3
£75004/240.68 miOakwell Close, Great Torrington, Devon2
£90004/241.81 miWest Ford Farm Cottage, Little Torrington, Devon3
£1,20004/242.43 miMonkleigh, Bideford5

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.24 miles away

Nearest school

0.50 miles away

Nearest train station

6.94 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Price changed to £385,000

January 23, 2025

Listed for £400,000

September 6, 2024

Floor Plans

Description

  • Period Home +
  • Full of Character and Charm +
  • Breathtaking Sitting Room +
  • Multiple Log Burners +
  • Large Family Kitchen/Dining Room +
  • Five Bedrooms +
  • Large South Facing Garden +
  • Two Outbuildings +
  • Period Features Throughout +
  • Part of a Historic Town +

Porch House – A Stunning Grade II Listed Georgian Townhouse in the Heart of the Historic Great Torrington Welcome to Porch House, an exquisite five-bedroom period residence brimming with character and historic charm. Situated in the heart of the picturesque town of Great Torrington, this Grade II listed property offers the perfect blend of timeless elegance and modern convenience, all within walking distance to local amenities and two highly regarded schools. Stepping through the charming porch entrance, you are immediately captivated by the impressive entrance hall, featuring beautiful flooring and intricate coving, setting the tone for the characterful interior that lies beyond. The kitchen-diner a true family hub, boasting ample space for large gatherings around the dining table. Thoughtfully designed with classic wooden wall panelling, beautiful shutters, and tiled flooring, it is completed by a cozy log burner—perfect for warming the home during colder months. The kitchen also offers plenty of room for modern appliances while maintaining its period charm.  As you continue through the hallway, you’ll find a convenient utility area and a downstairs WC, leading you to the heart of the home—the breathtaking family sitting room. Now the sitting room, this grand space showcases decorative panelled walls, sweeping picture rails, and floor-to-ceiling windows that flood the room with natural light, all anchored by yet another delightful log burner. The room’s striking views over the garden create an inviting atmosphere for both relaxation and entertaining. Adjacent to the sitting room is a versatile studio/office, which also benefits from a log burner and idyllic views of the garden, making it an ideal retreat for work or creative pursuits. Ascending the breathtaking staircase to the first floor, you are greeted by the fifth bedroom, currently utilised as a dressing room but generously sized to accommodate a double bed. The charming second bedroom, adorned with decorative panelling, is currently a nursery but would serve equally well as a spacious double bedroom. The family bathroom is both stylish and practical, offering a separate walk-in shower, a full bath, and tasteful decor with a separate W/C. The impressive master bedroom completes the first floor, featuring dual-aspect views over the garden and ample built-in storage. On the second floor, you’ll find the third and fourth bedrooms—each filled with the same period charm and character that is present throughout the home. There is also convenient attic space, providing additional storage. Outside, the property boasts a generous south-facing garden, a true sanctuary combining lawned areas and patios, perfect for outdoor dining and relaxation. The garden also features two outbuildings, offering excellent potential as workshops or home offices, though they require some renovation to unlock their full potential. Porch House is a rare opportunity to own a remarkable piece of Great Torrington’s history. With its stunning original features, spacious layout, and unbeatable location in this beautiful historic town, this property is a must-see for those seeking both charm and convenience. Parking is on street yet there is the opportunity to purchase a garage as part of the sale which is only a short walk from the property.  Agent Notes:  Freehold  Grade II Listed  Services: Main Gas, Mains Electric, Mains Water/Sewage EPC: Exempt  Council tax: C  The fuse board, boiler and hot water tank have all been recently renewed Viewings are strictly with sole agent only

Agent Details

Daisy Layland LTD, North Devon

01237 871189

Next Steps?

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