2 Bed Terraced House, Single Let, Torrington, EX38 8EP, £170,000

8 Well Street, Torrington, Devon, EX38 8EP - 8 days ago

BTL
70 m²
+11 photos

ValuationUndervalued

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

 

 

Square Metres

70 m²
Price/m²£2.4K/m²

Value Estimate

£197,211
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£9,700

Total Cash In

£52,200

 

 

Cash Out

 

Rent Range

£65 - £1,300

Rent Estimate

£609

Running Costs/mo

£673

Cashflow/mo

£-64

Cashflow/yr

£-769

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 
£180K04/230.04 mi4, Cornmarket Street, Torrington, Devon EX38 8EY2
£136K03/210.07 miHopton's Folly Cottage, Church Walk, Torrington, Devon EX38 8HS2
£200K01/230.09 mi42b, Well Street, Torrington, Devon EX38 7BW2
£160K06/230.11 mi73a, Well Street, Torrington, Devon EX38 7BW2
£190K06/220.12 mi42a, Well Street, Torrington, Devon EX38 7BW2
£170K08/230.14 mi54, Calf Street, Torrington, Devon EX38 7BG2
£200K06/220.14 mi147, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£180K09/210.15 mi34, Castle Hill Gardens, Torrington, Devon EX38 8ET2
£160K10/200.17 mi101, Castle Hill Gardens, Torrington, Devon EX38 8EX2
£160K12/220.18 mi29, New Street, Torrington, Devon EX38 8BS2
£160K05/210.18 mi19, Holwill Drive, Torrington, Devon EX38 7LQ2
£240K09/220.18 mi53, Holwill Drive, Torrington, Devon EX38 7LQ2
£250K09/220.19 mi25, Holwill Drive, Torrington, Devon EX38 7LQ2
£200K01/230.19 mi86, Well Street, Torrington, Devon EX38 7BN2
£135K02/210.19 mi70, Calf Street, Torrington, Devon EX38 7BH2
£190K06/230.19 mi78, Calf Street, Torrington, Devon EX38 7BH2
£148K05/210.27 mi122, New Street, Torrington, Devon EX38 8BT2
£108K03/210.27 mi97, New Street, Torrington, Devon EX38 8BT2
£190K02/230.3 mi11, Mill Street, Torrington, Devon EX38 8AL2
£280K12/200.3 mi31, Mill Street, Torrington, Devon EX38 8AL2
£102K11/200.3 mi6a, Mill Street, Torrington, Devon EX38 8AL2
£180K07/210.3 mi37, Mill Street, Torrington, Devon EX38 8AL2
£195K07/230.31 mi132, New Street, Torrington, Devon EX38 8BU2
£175K03/220.32 mi2, Caddywell Lane, Torrington, Devon EX38 7EE2
£223K10/220.32 mi16, Roscoff Close, Torrington, Devon EX38 7ND2
£217K12/220.34 mi143, New Street, Torrington, Devon EX38 8BU2
£320K07/220.34 mi63, Mill Street, Torrington, Devon EX38 8AL2
£164K12/200.36 mi38, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£329K04/230.36 mi18, Caddywell Meadow, Torrington, Devon EX38 7NZ2
£175K06/210.36 mi88, Trafalgar Drive, Torrington, Devon EX38 7AB2
£170K01/210.38 mi176, New Street, Torrington, Devon EX38 8BX2
£205K01/230.38 mi9, Trafalgar Drive, Torrington, Devon EX38 7AD2
£317.5K01/230.4 mi39, Rosemoor Road, Torrington, Devon EX38 7NB2
£195K06/210.4 mi8, Rosemoor Road, Torrington, Devon EX38 7NB2
£170K03/210.4 mi21, Rosemoor Road, Torrington, Devon EX38 7NB2
£190K08/210.41 mi80, Mill Street, Torrington, Devon EX38 8AN2
£220K07/210.41 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£135K07/230.41 mi71, Mill Street, Torrington, Devon EX38 8AN2
£200K07/230.41 miPickwick Cottage, 89, Mill Street, Torrington, Devon EX38 8AN2
£170K06/210.41 mi5, Oakwell Close, Torrington, Devon EX38 7PA2
£186K11/200.53 mi88, Mill Street, Torrington, Devon EX38 8AW2
£186K11/200.53 mi88, Mill Street, Torrington, Devon EX38 8AW2
£185K05/210.53 mi94, Mill Street, Torrington, Devon EX38 8AW2
£270K11/210.57 mi12, St Marys Close, Torrington, Devon EX38 8AS2
£200K04/210.58 mi63, Burwood Road, Torrington, Devon EX38 7NQ2
£222K04/220.58 mi7, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£200K04/210.59 mi2, Crowbeare Meadow, Torrington, Devon EX38 7DX2
£202K05/210.59 mi24, St Marys Close, Torrington, Devon EX38 8AS2
£240K12/200.59 mi8, St Marys Close, Torrington, Devon EX38 8AS2
£305K07/220.66 mi9, Prideaux Meadow, Torrington, Devon EX38 7NH2

Local Rents

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

RentDateDistanceAddressBeds 
£71005/240.03 miWell Street, Great Torrington, Devon2
£70004/240.07 mi-3
£70003/240.07 miBank House, Great Torrington, Devon2
£48504/240.09 miChurch Walk, Great Torrington, Devon1
£65004/240.09 miNew Road, Great Torrington, Devon2
£90004/240.17 miCastle Hill Gardens, Great Torrington, EX383
£87504/240.24 miMorton Drive, Torrington3
£77505/240.32 miVictory Way, Devon2
£1,30004/240.35 miTrafalgar Drive, Torrington5
£1,30004/240.35 miTrafalgar Drive, Torrington5
£1,20010/240.37 mi-5
£75004/240.42 miOakwell Close, Great Torrington, Devon2
£6504/240.47 miSandford Gardens, Torrington1
£90004/241.95 miWest Ford Farm Cottage, Little Torrington, Devon3
£82503/242.25 miSunnyside, Torrington, Devon3

Local Area Statistics

Population in EX38

8,260

Town centre distance

0.11 miles away

Nearest school

0.20 miles away

Nearest train station

6.74 miles away

 

 

Rental growth (12m)

-8%

Sales demand

Balanced market

Capital growth (5yrs)

+34%

Property History

Listed for £170,000

March 28, 2025

Floor Plans

Description

  • Period Cottage +
  • Grade II Listed +
  • Two Bedrooms +
  • Kitchen/Diner +
  • Enclosed Garden +
  • Within the Heard of Great Torrington +

Introducing this charming two-bedroom terraced house nestled in a sought-after town location. Boasting a cosy and homely ambiance, this property offers a perfect blend of comfort and convenience. The interior features a well-appointed kitchen, a spacious living room, cloakroom, upstairs bathroom, and two inviting bedrooms, providing ample space for relaxation and entertainment.

The property features an initial inner porch before opening up to the large living room. Stretching over 16 feet in length and 13 feet in width, this cosy living room takes full advantage of the space. With the quirky walls, deep window sills and currently the for show feature fireplace, the character is on full show from minute one. Whether you prefer your dining table in the living room or kitchen, you are able to keep your options open in here. The rear wall of the kitchen takes full advantage of a window that stretches the full length of the wall and continues onto the ceiling creating a stream of natural light to flood in. This feature gives the feeling of indoor/outdoor living when you’re able to keep the back door open on our hot summer days. The kitchen itself boasts plenty of cupboard and worktop space while still having ample room to fit a breakfast/dining table. Additionally the cottage enjoys a downstairs W/C and separate utility area for your washing machine and dryer.

The original slightly steeper period stairs make up part of the listing and continues the character to upstairs. The master bedroom sits to the front of the home and is a good sized double. This allows plenty of room for all your bedroom furniture while enjoying the natural light coming in from the south facing window. Bedroom two sits to the rear of the property looking out over the garden. The three piece bathroom benefits from built in shelves and provides a place for storage.

Outside features a courtyard that the current vendor has turned into a bliss relaxation space full of greenery within the plant pots. If you are looking for something easy maintenance that gives you the outside space you need, there isn’t much better than this. The garden is fully enclosed and provides plenty of privacy. To the back of the garden, the vendor has create a perfect sun trap to enjoy the best of the Devon sun. The garden does also benefit from an outside stone built shed. This provides ample storage space for your outside needs.

Agent Notes: The property does feature a flying freehold with number 6 Well Street.

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

Heating: Gas combi boiler

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

Broadband coverage: Ultrafast available up to 300mbps (information taken from Ofcom checker)

Mobile phone coverage: Available onsite (see Ofcom checker for further information)

Directions
Turn left out of our office and the property can be found after 50 yards on the left hand side.

Agent Details

Bond Oxborough Phillips, Torrington

020 3869 5476

Next Steps?

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