2 Bed Bungalow, Single Let, Torrington, EX38 8NG, £330,000

Fore Street, Langtree, EX38 8NG - 7 months ago

BTL
~63 m²
+15 photos

Valuation

Sold Prices£137K - £245K
Sold Prices/m²£2.9K/m² - £2.9K/m²

 

 

Square Metres

~63.40 m²
Price/m²£5.2K/m²

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£900 - £900

Rent Estimate

£900

Running Costs/mo

£1,231

Cashflow/mo

£-331

Cashflow/yr

£-3,975

Gross Yield

3%

Local Sold Prices

3 sold prices from £137K to £245K, average is £235K.

PriceDateDistanceAddressBeds 
£137K12/201.25 miHolly Cottage, 4, Cucumber Cottages, Stibb Cross, Torrington, Devon EX38 8LH2
£245K06/221.29 mi4, Council Bungalows, Stibb Cross, Torrington, Devon EX38 8LW2
£235K03/211.62 miSunrise, Berry Cross, Langtree, Torrington, Devon EX38 8NT2

Local Rents

1 rents from £900/mo to £900/mo, average is £900/mo.

RentDateDistanceAddressBeds 
£90004/241.91 miWest Ford Farm Cottage, Little Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

3.75 miles away

Nearest school

0.20 miles away

Nearest train station

10.47 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £330,000

September 14, 2024

Floor Plans

Description

  • New Build Property +
  • Detached Bungalow +
  • 2 Bedrooms +
  • Spacious Accommodation +
  • Modern Fitted Kitchen +
  • Modern Bathroom +
  • Garage with Driveway Parking +
  • Fully Enclosed Rear Garden +
  • Solar Panels & EV Charger +

Plot 3 is a detached 2 bedroom bungalow situated close to the entrance of this popular new development.

The property itself has a level access into the property which opens into a welcoming hallway where you will find doors to the two bedrooms, both of which are double bedroom together with access to the family bathroom.

To the rear of the property is a spacious living area with patio doors leading out to the garden. There is an opening into the fully fitted kitchen which overlooks the front of the property.

To the rear of the property is a fully enclosed garden which enjoys a South Westerly aspect and is a good size. To the front of the property is a single garage with electric up and over door, EV charger and driveway parking.

Agent Details

BLaK Property, Bideford

01237 871102

Next Steps?

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