3 Bed Bungalow, Single Let, Torrington, EX38 8AW, £400,000

Mill Street, Torrington, Devon, EX38 8AW - 1 views - 6 months ago

BTL
~134 m²
+6 photos

ValuationOvervalued

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

 

 

Square Metres

~133.69 m²
Price/m²£3K/m²

Value Estimate

£304,610

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£100,000

Stamp Duty & Legal Fees

£28,700

Total Cash In

£128,700

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£1,392

Cashflow/mo

£-783

Cashflow/yr

£-9,394

Gross Yield

2%

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 
£266K05/210.03 mi102, Mill Street, Torrington, Devon EX38 8AW3
£310K06/210.03 mi114, Mill Street, Torrington, Devon EX38 8AW3
£185K12/220.03 mi86, Mill Street, Torrington, Devon EX38 8AW3
£180K07/210.11 mi50, Mill Street, Torrington, Devon EX38 8AN3
£105K06/210.11 mi30, Mill Street, Torrington, Devon EX38 8AN3
£270K11/210.15 mi12, St Marys Close, Torrington, Devon EX38 8AS3
£350K11/200.21 miPury Cottage, Warren Lane, Torrington, Devon EX38 8AG3
£260K12/220.22 mi45, Mill Street, Torrington, Devon EX38 8AL3
£175K10/200.27 mi171, New Street, Torrington, Devon EX38 8BX3
£215K06/230.27 mi177, New Street, Torrington, Devon EX38 8BX3
£295K07/220.27 mi161, New Street, Torrington, Devon EX38 8BX3
£250K11/220.27 mi147, New Street, Torrington, Devon EX38 8BU3
£290K11/210.27 mi209, New Street, Torrington, Devon EX38 8BY3
£250K12/200.27 mi190, New Street, Torrington, Devon EX38 8BY3
£266K02/210.27 mi209, New Street, Torrington, Devon EX38 8BY3
£196K11/200.27 mi160, New Street, Torrington, Devon EX38 8BU3
£196K11/200.27 mi160, New Street, Torrington, Devon EX38 8BU3
£200K05/230.3 mi63, New Street, Torrington, Devon EX38 8BT3
£230K08/220.31 mi9, Louise Terrace, Torrington, Devon EX38 8DB3
£177.5K02/210.31 mi11, Louise Terrace, Torrington, Devon EX38 8DB3
£205K09/210.31 mi4, Moorland Terrace, Torrington, Devon EX38 8DD3
£250K10/220.35 mi19, Town Park, Torrington, Devon EX38 7AQ3
£137.5K06/210.36 mi33a, New Street, Torrington, Devon EX38 8BS3
£90K07/220.38 miKempton House, Whites Lane, Torrington, Devon EX38 8DS3
£202K02/210.39 mi24, Town Park, Torrington, Devon EX38 7AQ3
£225K08/220.46 mi50, Town Park, Torrington, Devon EX38 7AH3
£220K03/210.47 mi48, Town Park, Torrington, Devon EX38 7AH3
£181.5K12/200.47 mi40, Town Park, Torrington, Devon EX38 7AH3
£300K12/220.47 mi35, Town Park, Torrington, Devon EX38 7AH3
£375K04/210.47 miTranquility, School Lane, Torrington, Devon EX38 7AJ3
£167.5K03/210.47 mi4, School Lane, Torrington, Devon EX38 7AJ3
£371K10/210.49 miPensilva, Castle Street, Torrington, Devon EX38 8EZ3
£177K08/210.49 mi4, Castle Street, Torrington, Devon EX38 8EZ3
£320K09/220.49 mi11, Castle Street, Torrington, Devon EX38 8EZ3
£250K09/220.52 mi95, Trafalgar Drive, Torrington, Devon EX38 7AD3
£166.5K11/200.54 mi91, Trafalgar Drive, Torrington, Devon EX38 7AD3
£240K07/220.55 mi8, Victory Way, Torrington, Devon EX38 7AR3
£185K05/210.55 mi14, Trafalgar Drive, Torrington, Devon EX38 7AB3
£260K08/220.55 mi31, Well Street, Torrington, Devon EX38 8EP3
£165K11/200.57 mi12, Calf Street, Torrington, Devon EX38 8EQ3
£237.5K06/230.57 mi4, Calf Street, Torrington, Devon EX38 8EQ3
£282.5K08/230.58 mi25, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£203K05/220.59 mi81, Castle Hill Gardens, Torrington, Devon EX38 8EX3
£260K02/230.59 mi2, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£210K09/210.6 mi28, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£235K02/230.6 mi60, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£210K07/210.6 mi46, Castle Hill Gardens, Torrington, Devon EX38 8ET3
£190K11/200.63 mi51, Well Street, Torrington, Devon EX38 7BW3
£175K11/200.65 mi19, Calf Street, Torrington, Devon EX38 7BG3
£175K11/200.65 mi19, Calf Street, Torrington, Devon EX38 7BG3

Local Rents

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

RentDateDistanceAddressBeds 
£6504/240.05 miSandford Gardens, Torrington1
£48504/240.44 miChurch Walk, Great Torrington, Devon1
£70005/240.46 mi-3
£70003/240.46 miBank House, Great Torrington, Devon2
£71005/240.54 miWell Street, Great Torrington, Devon2
£77505/240.55 miVictory Way, Devon2
£90004/240.59 miCastle Hill Gardens, Great Torrington, EX383
£1,30004/240.59 miTrafalgar Drive, Torrington5
£1,30004/240.59 miTrafalgar Drive, Torrington5
£1,20010/240.6 mi-5
£65004/240.6 miNew Road, Great Torrington, Devon2
£87504/240.75 miMorton Drive, Torrington3
£75004/240.91 miOakwell Close, Great Torrington, Devon2
£90004/241.51 miWest Ford Farm Cottage, Little Torrington, Devon3
£1,20004/242.35 miMonkleigh, Bideford5

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.53 miles away

Nearest school

0.70 miles away

Nearest train station

7.24 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £400,000

October 19, 2024

Floor Plans

Description

  • Detached bungalow +
  • Driveway parking and garage +
  • 3 Double bedrooms +
  • Generous gardens +
  • Incredible views +
  • Kitchen/Breakfast room +
  • Sitting/Dining room +
  • Close to town centre +

This delightful detached bungalow is situated in a private setting, offering a harmonious blend of peace and accessibility. Featuring three generous bedrooms, this residence is perfect for families or those in need of additional space for guests or a home office. The expansive garden provides a secluded outdoor retreat, ideal for unwinding or hosting gatherings. Complete with off-street parking and a garage, convenience is a key feature of this property. Inside, the well-designed interior includes a bright and spacious living area, a generous and functional kitchen with separate utility, and bathroom. Positioned in a sought-after location, this bungalow grants easy access to local amenities, schools, and transport links, making it an excellent choice for a new home. The property is beleived to be of block build construction under a tiled roof.
From our Great Torrington office follow the square all the way around and continue back up South St. Head past the Sydney House car park and around the corner onto Whites lane. Upon reaching the T junction turn left onto New St. Take the left hand turn onto Limers Hill. Follow this down to the bottom of the hill, turning left at the Torridge Inn back up Mill St. The property can be found a short distance up the hill on the right-hand side.

Agent Details

Webbers Property Services, Torrington

020 3893 2650

Next Steps?

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