2 Bed Semi-Detached House, Single Let, Torrington, EX38 7LQ, £190,000

24 Holwill Drive, Torrington, Devon, EX38 7LQ - 5 months ago

BTL
60 m²
+8 photos

ValuationOvervalued

Sold Prices£102K - £329K
Sold Prices/m²£1.6K/m² - £6K/m²

 

 

Square Metres

59.76 m²
Price/m²£3.2K/m²

Value Estimate

£168,362

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£736

Cashflow/mo

£-127

Cashflow/yr

£-1,519

Gross Yield

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.

PriceDateDistanceAddressBeds 
£240K09/220 mi53, Holwill Drive, Torrington, Devon EX38 7LQ2
£160K05/210 mi19, Holwill Drive, Torrington, Devon EX38 7LQ2
£200K01/230.07 mi86, Well Street, Torrington, Devon EX38 7BN2
£190K06/220.09 mi42a, Well Street, Torrington, Devon EX38 7BW2
£160K06/230.09 mi73a, Well Street, Torrington, Devon EX38 7BW2
£180K09/210.11 mi34, Castle Hill Gardens, Torrington, Devon EX38 8ET2
£200K01/230.11 mi42b, Well Street, Torrington, Devon EX38 7BW2
£135K02/210.13 mi70, Calf Street, Torrington, Devon EX38 7BH2
£190K06/230.13 mi78, Calf Street, Torrington, Devon EX38 7BH2
£175K03/220.13 mi2, Caddywell Lane, Torrington, Devon EX38 7EE2
£170K08/230.14 mi54, Calf Street, Torrington, Devon EX38 7BG2
£160K10/200.14 mi101, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£223K10/220.15 mi16, Roscoff Close, Torrington, Devon EX38 7ND2
£200K06/220.16 mi147, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£164K12/200.18 mi38, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£329K04/230.18 mi18, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£250K09/220.2 mi25, Holwill Drive, Torrington, Devon EX38 7LQ2
£317.5K01/230.21 mi39, Rosemoor Road, Torrington, Devon EX38 7NB2
£195K06/210.21 mi8, Rosemoor Road, Torrington, Devon EX38 7NB2
£170K03/210.21 mi21, Rosemoor Road, Torrington, Devon EX38 7NB2
£180K04/230.22 mi4, Cornmarket Street, Torrington, Devon EX38 8EY2
£170K06/210.23 mi5, Oakwell Close, Torrington, Devon EX38 7PA2
£136K03/210.25 miHopton's Folly Cottage, Church Walk, Torrington, Devon EX38 8HS2
£160K12/220.37 mi29, New Street, Torrington, Devon EX38 8BS2
£200K04/210.39 mi63, Burwood Road, Torrington, Devon EX38 7NQ2
£148K05/210.45 mi122, New Street, Torrington, Devon EX38 8BT2
£108K03/210.45 mi97, New Street, Torrington, Devon EX38 8BT2
£190K02/230.47 mi11, Mill Street, Torrington, Devon EX38 8AL2
£280K12/200.47 mi31, Mill Street, Torrington, Devon EX38 8AL2
£102K11/200.47 mi6a, Mill Street, Torrington, Devon EX38 8AL2
£180K07/210.47 mi37, Mill Street, Torrington, Devon EX38 8AL2
£305K07/220.47 mi9, Prideaux Meadow, Torrington, Devon EX38 7NH2
£280K12/220.47 mi8, Prideaux Meadow, Torrington, Devon EX38 7NH2
£222K04/220.48 mi7, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£200K04/210.48 mi2, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£195K07/230.5 mi132, New Street, Torrington, Devon EX38 8BU2
£175K06/210.5 mi88, Trafalgar Drive, Torrington, Devon EX38 7AB2
£320K07/220.52 mi63, Mill Street, Torrington, Devon EX38 8AL2
£217K12/220.52 mi143, New Street, Torrington, Devon EX38 8BU2
£205K01/230.52 mi9, Trafalgar Drive, Torrington, Devon EX38 7AD2
£170K01/210.56 mi176, New Street, Torrington, Devon EX38 8BX2
£190K08/210.58 mi80, Mill Street, Torrington, Devon EX38 8AN2
£220K07/210.58 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£135K07/230.58 mi71, Mill Street, Torrington, Devon EX38 8AN2
£200K07/230.58 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£186K11/200.7 mi88, Mill Street, Torrington, Devon EX38 8AW2
£186K11/200.71 mi88, Mill Street, Torrington, Devon EX38 8AW2
£185K05/210.71 mi94, Mill Street, Torrington, Devon EX38 8AW2
£270K11/210.73 mi12, St Marys Close, Torrington, Devon EX38 8AS2
£240K12/200.74 mi8, St Marys Close, Torrington, Devon EX38 8AS2

Local Rents

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

RentDateDistanceAddressBeds 
£90004/240.14 miCastle Hill Gardens, Great Torrington, EX383
£65004/240.14 miNew Road, Great Torrington, Devon2
£71005/240.16 miWell Street, Great Torrington, Devon2
£87504/240.17 miMorton Drive, Torrington3
£75004/240.24 miOakwell Close, Great Torrington, Devon2
£70004/240.25 mi-3
£70003/240.25 miBank House, Great Torrington, Devon2
£48504/240.28 miChurch Walk, Great Torrington, Devon1
£77505/240.46 miVictory Way, Devon2
£1,30004/240.48 miTrafalgar Drive, Torrington5
£1,30004/240.48 miTrafalgar Drive, Torrington5
£1,20010/240.49 mi-5
£6504/240.64 miSandford Gardens, Torrington1
£82503/242.07 miSunnyside, Torrington, Devon3
£90004/242.07 miWest Ford Farm Cottage, Little Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.25 miles away

Nearest school

0.10 miles away

Nearest train station

6.60 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Price changed to £190,000

January 27, 2025

Listed for £195,000

November 18, 2024

Floor Plans

Description

  • No Onard Chain +
  • Two Bedrooms +
  • Kitchen/Diner +
  • Communcal Parking +
  • Enclosed Garden +
  • Close Proximity to Schools +

A charming and practical home located in a quiet, tucked away cul-de-sac of Holwill drive. Whether you are a first time buyer looking for your first home, an investment buyer or maybe just looking to downsize as you just don’t need the space anymore, I bet you won’t be disappointed with this one.

The home itself is light, airy and spacious and this is something you feel as soon as you walk into the home. You enter the property, passing through a small porch area, and into the lounge. The kitchen sits to the rear of the home and has a large arch connecting to the living room. This works perfectly alongside the front/rear windows and patio door to allow floods of natural light to flow in. Upstairs comprises of two double bedrooms and family bathroom. The master bedroom sits to the front and benefits from multiple storage cupboards.

Entering the garden through the back door of the kitchen you initially step down onto a stone slabbed patio. This is a great space to step up your garden furniture, partake in some alfresco dining and host both family and friends. The rest of the garden is mainly laid to laid, a great space to relax or for the little ones to play.

Resident parking is also available, providing convenience and peace of mind for homeowners. Don't miss out on the opportunity to make this delightful house your new home. Contact us today to arrange a viewing

The home is located in a stunning part of town and is just a short walk away from all the amenities Great Torrington has to offer. A bustling and pretty little town, Torrington offers everything from a local butchers, green grocers, bakery, supermarket, take away’s, the Pannier Market and the some 365 acres of countryside allowing for miles of scenic walks with access to the locally renowned Tarka trail, a 180 mile footpath / cycle way - mainly built on the bed of the disused Tarka line 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.

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

Heating: Electric heating with emersion hot water.

Mains water - 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 Torrington Square take the Well Street exit and at the road junction turn left. At the mini roundabout with the Fire Station directly in front of you, turn right and proceed to the next roundabout whereupon take the B3227 signposted South Molton. Turn right into Borough Road and proceed to the bottom taking the right hand turning into Holwill Drive, follow the road up and around and take the first right where the property will be found straight ahead of you with a number plate and For Sale board 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 💪