2 Bed Terraced House, Single Let, Torrington, EX38 8JE, £180,000
ValuationUndervalued
| Sold Prices | £102K - £329K |
| Sold Prices/m² | £1.6K/m² - £6K/m² |
| |
Square Metres | ~68.11 m² |
| Price/m² | £2.6K/m² |
Value Estimate | £189,197£189,197 |
| BMV | 5% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £45,000£45,000 |
Stamp Duty & Legal Fees | £6,600£6,600 |
Total Cash In | £51,600£51,600 |
| |
Cash Out | |
Rent Range | £65 - £1,300£65 - £1,300 |
Rent Estimate | £588 |
Running Costs/mo | £700£700 |
Cashflow/mo | £-112£-112 |
Cashflow/yr | £-1,345£-1,345 |
Gross Yield | 4%4% |
Local Sold Prices
50 sold prices from £102K to £329K, average is £190K. £1.6K/m² to £6K/m², average is £2.8K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £186K | 11/20 | 0.86 mi | 88, Mill Street, Torrington, Devon EX38 8AW | £3,049 | 61 | 2 | Terraced House | |
| £185K | 05/21 | 0.86 mi | 94, Mill Street, Torrington, Devon EX38 8AW | £3,033 | 61 | 2 | Terraced House | |
| £186K | 11/20 | 0.86 mi | 88, Mill Street, Torrington, Devon EX38 8AW | £3,049 | 61 | 2 | Terraced House | |
| £170K | 01/21 | 0.87 mi | 176, New Street, Torrington, Devon EX38 8BX | £1,753 | 97 | 2 | Terraced House | |
| £217K | 12/22 | 0.92 mi | 143, New Street, Torrington, Devon EX38 8BU | £3,145 | 69 | 2 | Terraced House | |
| £190K | 08/21 | 0.94 mi | 80, Mill Street, Torrington, Devon EX38 8AN | £2,093 | 91 | 2 | Terraced House | |
| £220K | 07/21 | 0.94 mi | Pickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN | - | - | 2 | Terraced House | |
| £135K | 07/23 | 0.94 mi | 71, Mill Street, Torrington, Devon EX38 8AN | - | - | 2 | Terraced House | |
| £200K | 07/23 | 0.94 mi | Pickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN | - | - | 2 | Terraced House | |
| £195K | 07/23 | 0.94 mi | 132, New Street, Torrington, Devon EX38 8BU | £2,671 | 73 | 2 | Terraced House | |
| £270K | 11/21 | 0.97 mi | 12, St Marys Close, Torrington, Devon EX38 8AS | - | - | 2 | Semi-Detached House | |
| £205K | 01/23 | 0.98 mi | 9, Trafalgar Drive, Torrington, Devon EX38 7AD | - | - | 2 | Terraced House | |
| £202K | 05/21 | 0.98 mi | 24, St Marys Close, Torrington, Devon EX38 8AS | £3,311 | 61 | 2 | Semi-Detached House | |
| £240K | 12/20 | 0.98 mi | 8, St Marys Close, Torrington, Devon EX38 8AS | £2,535 | 95 | 2 | Detached House | |
| £148K | 05/21 | 0.99 mi | 122, New Street, Torrington, Devon EX38 8BT | £2,145 | 69 | 2 | Terraced House | |
| £108K | 03/21 | 0.99 mi | 97, New Street, Torrington, Devon EX38 8BT | £2,298 | 47 | 2 | Terraced House | |
| £175K | 06/21 | 0.99 mi | 88, Trafalgar Drive, Torrington, Devon EX38 7AB | £2,465 | 71 | 2 | Terraced House | |
| £320K | 07/22 | 1 mi | 63, Mill Street, Torrington, Devon EX38 8AL | £2,254 | 142 | 2 | Terraced House | |
| £190K | 02/23 | 1.03 mi | 11, Mill Street, Torrington, Devon EX38 8AL | £2,405 | 79 | 2 | Terraced House | |
| £280K | 12/20 | 1.03 mi | 31, Mill Street, Torrington, Devon EX38 8AL | £2,393 | 117 | 2 | Semi-Detached House | |
| £102K | 11/20 | 1.03 mi | 6a, Mill Street, Torrington, Devon EX38 8AL | £1,645 | 62 | 2 | Terraced House | |
| £180K | 07/21 | 1.03 mi | 37, Mill Street, Torrington, Devon EX38 8AL | £1,837 | 98 | 2 | Terraced House | |
| £160K | 12/22 | 1.07 mi | 29, New Street, Torrington, Devon EX38 8BS | £2,192 | 73 | 2 | Semi-Detached House | |
| £136K | 03/21 | 1.18 mi | Hopton's Folly Cottage, Church Walk, Torrington, Devon EX38 8HS | - | - | 2 | Terraced House | |
| £180K | 04/23 | 1.23 mi | 4, Cornmarket Street, Torrington, Devon EX38 8EY | £6,000 | 30 | 2 | Terraced House | |
| £200K | 01/23 | 1.32 mi | 42b, Well Street, Torrington, Devon EX38 7BW | £4,444 | 45 | 2 | Detached House | |
| £170K | 08/23 | 1.32 mi | 54, Calf Street, Torrington, Devon EX38 7BG | £1,921 | 89 | 2 | Terraced House | |
| £160K | 06/23 | 1.35 mi | 73a, Well Street, Torrington, Devon EX38 7BW | £1,702 | 94 | 2 | Terraced House | |
| £190K | 06/22 | 1.35 mi | 42a, Well Street, Torrington, Devon EX38 7BW | £2,317 | 82 | 2 | Terraced House | |
| £200K | 06/22 | 1.35 mi | 147, Castle Hill Gardens, Torrington, Devon EX38 8EX | £3,571 | 56 | 2 | Terraced House | |
| £250K | 09/22 | 1.37 mi | 25, Holwill Drive, Torrington, Devon EX38 7LQ | £4,310 | 58 | 2 | Semi-Detached House | |
| £160K | 10/20 | 1.38 mi | 101, Castle Hill Gardens, Torrington, Devon EX38 8EX | £2,807 | 57 | 2 | Terraced House | |
| £135K | 02/21 | 1.38 mi | 70, Calf Street, Torrington, Devon EX38 7BH | £1,957 | 69 | 2 | Terraced House | |
| £190K | 06/23 | 1.38 mi | 78, Calf Street, Torrington, Devon EX38 7BH | £2,933 | 65 | 2 | Terraced House | |
| £180K | 09/21 | 1.39 mi | 34, Castle Hill Gardens, Torrington, Devon EX38 8ET | £3,069 | 59 | 2 | Semi-Detached House | |
| £200K | 01/23 | 1.42 mi | 86, Well Street, Torrington, Devon EX38 7BN | £2,410 | 83 | 2 | Terraced House | |
| £160K | 05/21 | 1.43 mi | 19, Holwill Drive, Torrington, Devon EX38 7LQ | - | - | 2 | Terraced House | |
| £240K | 09/22 | 1.43 mi | 53, Holwill Drive, Torrington, Devon EX38 7LQ | £4,444 | 54 | 2 | Semi-Detached House | |
| £223K | 10/22 | 1.54 mi | 16, Roscoff Close, Torrington, Devon EX38 7ND | £4,130 | 54 | 2 | Semi-Detached House | |
| £175K | 03/22 | 1.56 mi | 2, Caddywell Lane, Torrington, Devon EX38 7EE | £3,138 | 56 | 2 | Semi-Detached House | |
| £164K | 12/20 | 1.61 mi | 38, Caddywell Meadow, Torrington, Devon EX38 7NZ | £2,828 | 58 | 2 | Semi-Detached House | |
| £329K | 04/23 | 1.61 mi | 18, Caddywell Meadow, Torrington, Devon EX38 7NZ | £5,062 | 65 | 2 | Detached House | |
| £200K | 04/21 | 1.63 mi | 2, Crowbeare Meadow, Torrington, Devon EX38 7DX | £3,030 | 66 | 2 | Semi-Detached House | |
| £222K | 04/22 | 1.63 mi | 7, Crowbeare Meadow, Torrington, Devon EX38 7DX | - | - | 2 | Semi-Detached House | |
| £317.5K | 01/23 | 1.64 mi | 39, Rosemoor Road, Torrington, Devon EX38 7NB | - | - | 2 | Detached House | |
| £195K | 06/21 | 1.64 mi | 8, Rosemoor Road, Torrington, Devon EX38 7NB | £3,197 | 61 | 2 | Detached House | |
| £170K | 03/21 | 1.64 mi | 21, Rosemoor Road, Torrington, Devon EX38 7NB | £2,485 | 68 | 2 | Terraced House | |
| £170K | 06/21 | 1.66 mi | 5, Oakwell Close, Torrington, Devon EX38 7PA | £2,977 | 57 | 2 | Semi-Detached House | |
| £200K | 04/21 | 1.82 mi | 63, Burwood Road, Torrington, Devon EX38 7NQ | - | - | 2 | Semi-Detached House | |
| £305K | 07/22 | 1.89 mi | 9, Prideaux Meadow, Torrington, Devon EX38 7NH | £4,064 | 75 | 2 | Detached House |
Local Rents
15 rents from £65/mo to £1.3K/mo, average is £775/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £65 | 04/24 | 0.9 mi | Sandford Gardens, Torrington | 1 | Flat | |
| £775 | 05/24 | 1.03 mi | Victory Way, Devon | 2 | Semi-Detached House | |
| £1,200 | 10/24 | 1.03 mi | - | 5 | Terraced House | |
| £1,300 | 04/24 | 1.04 mi | Trafalgar Drive, Torrington | 5 | Terraced House | |
| £1,300 | 04/24 | 1.04 mi | Trafalgar Drive, Torrington | 5 | Terraced House | |
| £485 | 04/24 | 1.16 mi | Church Walk, Great Torrington, Devon | 1 | Flat | |
| £700 | 03/24 | 1.18 mi | Bank House, Great Torrington, Devon | 2 | Flat | |
| £700 | 04/24 | 1.18 mi | - | 3 | Flat | |
| £710 | 05/24 | 1.27 mi | Well Street, Great Torrington, Devon | 2 | Flat | |
| £650 | 04/24 | 1.3 mi | New Road, Great Torrington, Devon | 2 | Flat | |
| £900 | 04/24 | 1.39 mi | Castle Hill Gardens, Great Torrington, EX38 | 3 | Flat | |
| £875 | 04/24 | 1.4 mi | Morton Drive, Torrington | 3 | Terraced House | |
| £1,200 | 04/24 | 1.46 mi | Monkleigh, Bideford | 5 | Detached House | |
| £750 | 04/24 | 1.67 mi | Oakwell Close, Great Torrington, Devon | 2 | Semi-Detached House | |
| £900 | 04/24 | 1.8 mi | West Ford Farm Cottage, Little Torrington, Devon | 3 | Semi-Detached House |
Local Area Statistics
Population in EX38 | 8,2608,260 |
Town centre distance | 1.19 miles away1.19 miles away |
Nearest school | 1.40 miles away1.40 miles away |
Nearest train station | 7.59 miles away7.59 miles away |
| |
Rental growth (12m) | -8%-8% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +34%+34% |
Property History
Listed for £180,000
November 12, 2024
Floor Plans
Description
- Two Bedrooms +
- On road parking +
- Large Detached Garden +
- Stroll Away From Tarka Trail +
- Period Features +
- Stone outbuildings +
Welcome to 4 Rakeham Cottage, a charming and cosy period, mid terrace cottage and is just a stone’s throw away from the picturesque village of Frithelstock.
The accommodation comprises a spacious dining room faced with a feature Marland brick fire place. To the rear of the cottage is an impressive living room where the larger stone fireplace can be found featuring a log burner. The living room leads to the bright kitchen where you benefit from multiple windows, plenty of work surfaces & fitted oven. With the multiple windows to the rear, you take advantage of an open outlook to the shared lane. From the kitchen is the downstairs shower room. On the First floor there are two double bedrooms, bedroom one gaining rear aspect views. Just a few paces away from the cottage, you will find a fantastic sized mature garden with a high degree of privacy and partly enclosed. Perfect for those alfresco dining evenings.
Yes there is work to be done but once complete, would make a lovely home away from it all; somewhere to relax and enjoy the best of the fresh air that Devon has to offer. Conveniently located in a quiet area, this lovely home offers a serene escape from the hustle and bustle of day-to-day life. Whether you're a nature enthusiast, seeking a peaceful sanctuary, or simply looking for a cosy cottage to call your own, this super cottage ticks all the boxes. Don't miss out on this wonderful opportunity to live in a truly charming abode. Allocated parking is situated to the rear of the cottage. Arrange a viewing today and discover the allure of this delightful cottage!
Heating: Electric heating Hot water supplied by an electric over sink heater. Mains Water supply - Mains electric – Private septic drainage supplied for all 5 cottages on Rakeham Hill -
Landline telephone.
Broadband coverage: Available up to 42mbps (information taken from Ofcom checker)
Mobile phone coverage: Available onsite (see Ofcom checker for further information)
Directions
Leaving Torrington's main square via South Street and Whites Lane turn left onto New Street. Continue out of Torrington towards Bideford. Passing the 'Puffing Billy' on your right hand side and crossing the River Torridge, take the next left hand turning signposted Frithelstock / Monkleigh. The property will be situated after a short distance on your right hand side.