4 Bed Terraced House, Single Let, Torrington, EX38 8HE, £210,000

South Street, Torrington, Devon, EX38 8HE - 4 views - 4 months ago

Sold STC
BTL
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£215K - £575K
Sold Prices/m²£1.6K/m² - £3.7K/m²

 

 

Square Metres

~129.26 m²
Price/m²£1.6K/m²

Value Estimate

£254,100
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£798

Cashflow/mo

£-189

Cashflow/yr

£-2,269

Gross Yield

3%

Local Sold Prices

20 sold prices from £215K to £575K, average is £298.3K. £1.6K/m² to £3.7K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£330K10/220.01 mi8, South Street, Torrington, Devon EX38 8HE4
£385K06/210.04 miThe Boundary, Castle Street, Torrington, Devon EX38 8EZ4
£301.6K03/210.14 miChurch House, New Street, Torrington, Devon EX38 8BN4
£215K11/200.24 mi77a, New Street, Torrington, Devon EX38 8BT4
£228K12/210.31 mi15, Town Park, Torrington, Devon EX38 7AQ4
£420K05/230.34 mi2, Victory Way, Torrington, Devon EX38 7AR4
£575K03/230.47 miUnderhayes, New Street, Torrington, Devon EX38 8BY4
£230K07/210.47 mi188, New Street, Torrington, Devon EX38 8BY4
£277.5K12/200.47 mi200, New Street, Torrington, Devon EX38 8BY4
£280K12/200.48 mi198, New Street, Torrington, Devon EX38 8BY4
£290K09/220.53 mi34, Burwood Road, Torrington, Devon EX38 7NE4
£250K02/210.61 mi60a, Burwood Road, Torrington, Devon EX38 7NQ4
£340K03/230.63 mi3, Hopton Drive, Torrington, Devon EX38 7DE4
£295K04/230.63 mi23, Dartington Fields, Torrington, Devon EX38 7DL4
£305K12/200.66 mi4, Martins Close, Torrington, Devon EX38 7LG4
£325K03/220.66 mi9, Martins Close, Torrington, Devon EX38 7LG4
£400K06/230.66 mi14, Kingsmead Drive, Torrington, Devon EX38 7DD4
£225K02/210.67 mi2, Hoopers Way, Torrington, Devon EX38 7NS4
£260K01/210.67 mi30, Hoopers Way, Torrington, Devon EX38 7NS4
£395K04/230.68 mi4, Fairfax Way, Torrington, Devon EX38 7DA4

Local Rents

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

RentDateDistanceAddressBeds 
£70004/240.05 mi-3
£70003/240.06 miBank House, Great Torrington, Devon2
£71005/240.07 miWell Street, Great Torrington, Devon2
£48504/240.08 miChurch Walk, Great Torrington, Devon1
£65004/240.14 miNew Road, Great Torrington, Devon2
£90004/240.17 miCastle Hill Gardens, Great Torrington, EX383
£87504/240.29 miMorton Drive, Torrington3
£77505/240.34 miVictory Way, Devon2
£1,30004/240.37 miTrafalgar Drive, Torrington5
£1,30004/240.37 miTrafalgar Drive, Torrington5
£1,20010/240.39 mi-5
£6504/240.43 miSandford Gardens, Torrington1
£75004/240.45 miOakwell Close, Great Torrington, Devon2
£90004/241.91 miWest Ford Farm Cottage, Little Torrington, Devon3
£82503/242.28 miSunnyside, Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.14 miles away

Nearest school

0.30 miles away

Nearest train station

6.79 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £210,000

December 17, 2024

Sold for £110,000

2010

Sold for £122,000

2008

Floor Plans

Description

  • Characterful cottage +
  • No onward chain +
  • Popular location +
  • Freehold +

Step into a piece of history with this beautiful four-bedroom terraced characterful cottage that offers charm, comfort and no onward chain.

Nestled in the historic town of Torrington, this unique and diverse Grade II listed 1600's property offers a rare opportunity to own a characterful cottage that is steeped in heritage. Some of the features include wooden panelled walls and fitted window seats and benches.
Stepping through the front door of the property, you are greeted by a porch area and entrance hall. Off of this you have two very reasonable sized and adaptable rooms, with the ability to be used as either extra bedrooms or living spaces, one with a lovely, rare plank and muntin oak screen across one wall and working fireplace. From the entrance hall, you also have a small step up to the utility room/kitchen housing the boiler and further shower room. This part of the property also provides access to the quaint courtyard garden.
Up the stairs to the first floor, you will find yourself in the large, bright and characterful living/ dining room, with window seat, farfetched countryside views and feature fireplace. Passing on through this room, there is a smaller hall, with access to a further two bedrooms and kitchen, comprising an array of base and wall level cupboards and freestanding oven and hob, wall extractor and space for freestanding fridge freezer. There is also a bathroom found on from here with toilet, wash basin and bath.

The property is situated within the market town of Great Torrington. The historic town is surrounded by 365 acres of common land, ideal for walking, offering wonderful views and scenery, and access to the River Torridge.

The town itself has a thriving local community, and offers a great range of local amenities and leisure pursuits including various shops, two doctors and dentists surgeries, local sports clubs, a gym, numerous pubs and restaurants, nurseries, primary and secondary schooling, Lidl supermarket and the ever popular Plough Arts Centre, as well as renowned RHS Rosemoor Gardens. There is also direct access to the Tarka Trail which affords excellent walking and cycling opportunities.

There is a walled courtyard garden to the rear of the property, with plenty of space for garden furniture. There are raised planters surrounding the perimeter and a stone built shed in the corner, with outside tap and power connected with lockable stable door.

A garage is also available by separate negotiation should any prospective purchaser wish to have one. This is a single garage located a short walk away and has a Guide Price of £15,000.

Agent Details

Greenslade Taylor Hunt, Barnstaple

01271 444387

Next Steps?

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