2 Bed Bungalow, Single Let, Torrington, EX38 8AL, £325,000

Torrington, Devon, EX38 8AL - a month ago

Sold STC
BTL
~68 m²
+24 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£4.8K/m²

Value Estimate

£191,889

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£81,250

Stamp Duty & Legal Fees

£21,200

Total Cash In

£102,450

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£1,157

Cashflow/mo

£-548

Cashflow/yr

£-6,581

Gross Yield

2%

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 
£320K07/220.02 mi63, Mill Street, Torrington, Devon EX38 8AL2
£190K02/230.03 mi11, Mill Street, Torrington, Devon EX38 8AL2
£280K12/200.03 mi31, Mill Street, Torrington, Devon EX38 8AL2
£102K11/200.03 mi6a, Mill Street, Torrington, Devon EX38 8AL2
£180K07/210.03 mi37, Mill Street, Torrington, Devon EX38 8AL2
£190K08/210.08 mi80, Mill Street, Torrington, Devon EX38 8AN2
£220K07/210.08 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£135K07/230.08 mi71, Mill Street, Torrington, Devon EX38 8AN2
£200K07/230.08 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£195K07/230.16 mi132, New Street, Torrington, Devon EX38 8BU2
£148K05/210.16 mi122, New Street, Torrington, Devon EX38 8BT2
£108K03/210.16 mi97, New Street, Torrington, Devon EX38 8BT2
£217K12/220.17 mi143, New Street, Torrington, Devon EX38 8BU2
£170K01/210.2 mi176, New Street, Torrington, Devon EX38 8BX2
£160K12/220.2 mi29, New Street, Torrington, Devon EX38 8BS2
£186K11/200.2 mi88, Mill Street, Torrington, Devon EX38 8AW2
£186K11/200.21 mi88, Mill Street, Torrington, Devon EX38 8AW2
£185K05/210.21 mi94, Mill Street, Torrington, Devon EX38 8AW2
£270K11/210.26 mi12, St Marys Close, Torrington, Devon EX38 8AS2
£136K03/210.27 miHopton's Folly Cottage, Church Walk, Torrington, Devon EX38 8HS2
£202K05/210.27 mi24, St Marys Close, Torrington, Devon EX38 8AS2
£240K12/200.27 mi8, St Marys Close, Torrington, Devon EX38 8AS2
£180K04/230.29 mi4, Cornmarket Street, Torrington, Devon EX38 8EY2
£200K06/220.37 mi147, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£250K09/220.37 mi25, Holwill Drive, Torrington, Devon EX38 7LQ2
£160K10/200.4 mi101, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£200K01/230.41 mi42b, Well Street, Torrington, Devon EX38 7BW2
£180K09/210.42 mi34, Castle Hill Gardens, Torrington, Devon EX38 8ET2
£175K06/210.43 mi88, Trafalgar Drive, Torrington, Devon EX38 7AB2
£205K01/230.44 mi9, Trafalgar Drive, Torrington, Devon EX38 7AD2
£160K06/230.44 mi73a, Well Street, Torrington, Devon EX38 7BW2
£190K06/220.44 mi42a, Well Street, Torrington, Devon EX38 7BW2
£170K08/230.46 mi54, Calf Street, Torrington, Devon EX38 7BG2
£160K05/210.5 mi19, Holwill Drive, Torrington, Devon EX38 7LQ2
£240K09/220.5 mi53, Holwill Drive, Torrington, Devon EX38 7LQ2
£135K02/210.52 mi70, Calf Street, Torrington, Devon EX38 7BH2
£190K06/230.52 mi78, Calf Street, Torrington, Devon EX38 7BH2
£200K01/230.52 mi86, Well Street, Torrington, Devon EX38 7BN2
£175K03/220.63 mi2, Caddywell Lane, Torrington, Devon EX38 7EE2
£223K10/220.64 mi16, Roscoff Close, Torrington, Devon EX38 7ND2
£164K12/200.66 mi38, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£329K04/230.66 mi18, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£317.5K01/230.7 mi39, Rosemoor Road, Torrington, Devon EX38 7NB2
£195K06/210.7 mi8, Rosemoor Road, Torrington, Devon EX38 7NB2
£170K03/210.7 mi21, Rosemoor Road, Torrington, Devon EX38 7NB2
£170K06/210.71 mi5, Oakwell Close, Torrington, Devon EX38 7PA2
£200K04/210.89 mi63, Burwood Road, Torrington, Devon EX38 7NQ2
£222K04/220.9 mi7, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£200K04/210.9 mi2, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£305K07/220.97 mi9, Prideaux Meadow, Torrington, Devon EX38 7NH2

Local Rents

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

RentDateDistanceAddressBeds 
£6504/240.14 miSandford Gardens, Torrington1
£48504/240.26 miChurch Walk, Great Torrington, Devon1
£70005/240.27 mi-3
£70003/240.27 miBank House, Great Torrington, Devon2
£71005/240.35 miWell Street, Great Torrington, Devon2
£90004/240.41 miCastle Hill Gardens, Great Torrington, EX383
£65004/240.42 miNew Road, Great Torrington, Devon2
£77505/240.42 miVictory Way, Devon2
£1,30004/240.46 miTrafalgar Drive, Torrington5
£1,30004/240.46 miTrafalgar Drive, Torrington5
£1,20010/240.47 mi-5
£87504/240.56 miMorton Drive, Torrington3
£75004/240.73 miOakwell Close, Great Torrington, Devon2
£90004/241.66 miWest Ford Farm Cottage, Little Torrington, Devon3
£1,20004/242.47 miMonkleigh, Bideford5

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.35 miles away

Nearest school

0.60 miles away

Nearest train station

7.06 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £325,000

March 6, 2025

Floor Plans

Description

  • NO ONWARD CHAIN +
  • Detached Bungalow +
  • Countryside views +
  • South Facing Garden +
  • Two Bedrooms +
  • Parking for multiple cars +
  • Garage +
  • Close to Torrington Commons +

WOW! Situated in the market town of Great Torrington, this charming detached bungalow offers a tranquil retreat with stunning views of the surrounding countryside. The layout of this home has truly been thought out making maximum use of large, well placed windows providing plenty of opportunities to take a step back and just really appreciate how lucky you are to enjoy such a view. Not only just the view, but a south facing view allowing natural light to flood into the bungalow creating a special combination.

The bungalow is sat towards the top of Mill Street meaning it’s a short stroll up the hill and into town where you will find all that Torrington has to offer. A local butchers, green grocers, bakery, supermarket, take away’s, The Plough Arts Centre and of course the Pannier Market. At the bottom of Mill Street you will find direct access onto the Torrington Commons and valley with the river Torridge sat below. The some 365 acres of countryside allows 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 bungalow is privileged to feature off road parking for multiple cars whilst also benefitting from a garage for additional room should you require.

Upon entering the property the hallway feels wide granting extra space especially for wheelchair access should that be a consideration for you. The bathroom was upgraded 5 years ago to a wet room with wall panels making it low maintenance and easy to clean down. The toilet is separate providing maximum room in the wet room. The kitchen sits to the rear of the home and I can’t think of anywhere locally I would rather stand and do my washing up. The window stretches across almost the whole back wall taking advantage of those countryside views. The kitchen itself is also a respectable size with space for your white goods and maybe even a small breakfast table. The living room again sits to the rear and I just want to say wow again. The added benefit of the bay, it almost doesn’t matter where you are positioned as your reap the benefits of the views. Again you do also have room in here for a small dining table should you wish. The two bedrooms are both doubles, the master sits to the front of the bungalow and the second bedroom sits to the rear enjoying more views and built in wardrobes. Accessed via outside is a basement workshop giving addition storage space or an extra room depending on your needs.

I want to start by saying that yes, the garden is a great size but please do take note that part of the garden does slope down going all the way to the commons. Exiting via either the kitchen or living room, there is an initial patio space proving a perfect space for your external furniture when you get the chance to partake in some alfresco dining with the family and friends. To the side of the bungalow is space that used to home a shed and still provides a perfect space for this or potentially even a greenhouse should you enjoy growing your own flowers and/or produce. The garden does have different tires giving space for you to utilise, whether that’s just general gardening, growing or an addition spot to sit and bathe in the best of the Devon sun. The bottom half of the garden does need some maintence but could become a pathway leading down to your own commons entrance maybe? The bungalow does also benefit from access down both sides.

With its scenic location and peaceful ambiance, this property presents an ideal opportunity for those seeking a serene lifestyle in a beautiful setting. Don't miss the chance to make this delightful bungalow your new home. Contact us today to arrange a viewing.

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

Heating: Gas boiler that also heats the hot water tank. The vendor has also mentioned the hot water tank can work on immersion should you need to.

Mains water - Mains electric - Mains drainage – Mains gas - Landline telephone.

Broadband coverage: Superfast available, up to 80mbps download speed (information taken from Ofcom checker).

Mobile phone coverage: Available onsite, indoor limited and outdoor likely (see Ofcom checker for further information.

Directions
By car from our Torrington Office 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 left signposted Bideford. Proceed along New Street and upon leaving the town turn left onto the B3227 signposted Langtree/Holsworthy. Proceed down the hill for approximately ½ a mile and after passing the old dairy on the right hand side, take the left hand turning into Mill Street. Continue up Mill Street where No 53 will be found a short way along on the right hand side with numberplate 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 💪