Worst House on the Street Logo
19 Lower Street, Chagford, Devon - Image 1
19 Lower Street, Chagford, Devon - Image 2
19 Lower Street, Chagford, Devon - Image 3
19 Lower Street, Chagford, Devon - Image 4
19 Lower Street, Chagford, Devon - Image 5

19 Lower Street, Chagford, Devon

South West

£475,000
Listed on 15/01/2025

Property Details

Bedrooms
7
Type
Terraced house
Area
1689 sqft

Description

This granite-constructed family home presents a significant opportunity for renovation and investment in the heart of Chagford. With seven bedrooms, the property offers ample space for reconfiguration or modernization, making it an ideal project for those looking to capitalize on its potential. The layout includes an entrance hall that flows into a sitting room with an open granite fireplace, which could be restored to working condition. Adjacent to the sitting area is a kitchen/diner featuring a Rayburn stove for both heating and cooking, providing a solid foundation for a modern culinary space. A conservatory at the rear allows for additional living space while providing views of the garden. A wet room and separate WC are conveniently located nearby. The first floor accommodates two double bedrooms, two single bedrooms, and a bathroom equipped with a cast iron bath. The second floor offers further flexibility with two more double bedrooms and a single bedroom, along with ample storage solutions in large eaves cupboards. Externally, the property benefits from a covered gated archway that could serve as parking for a small vehicle. The garden features terraced areas and is bordered by an attractive granite wall, while various outbuildings—including an old stable and hayloft—offer additional possibilities for development or conversion. These structures have electricity and light connections and can be accessed via exterior staircases. Located just a short walk from Chagford's town square, residents can enjoy easy access to local shops, cafes, restaurants, and essential services such as schools and healthcare facilities. The surrounding countryside provides numerous outdoor recreational options including riverside walks and moorland excursions. With the A30 only five miles away and Exeter approximately 20 miles distant, this property strikes a balance between rural charm and accessibility. This home’s renovation potential combined with its prime location makes it an appealing prospect for those interested in creating their ideal living space or investing in Chagford’s real estate market.

Investment Analysis

(TQ13 area)

Below Market Value

This property is priced -15.5% below area average per sq ft

-15.5%
Potential saving
This Property
£281/sq ft
Area Average
£333/sq ft
Avg Rent (weekly)
£246
Avg Yield
2.7%

Renovation Potential

Est. Renovation Cost
£47,500 - £118,750
10-25% of property value
Target Value
£618,123
10% above area average per sq ft
Potential ROI
+4.1%
After renovation
Monthly Sales
19
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (TQ13)

Area prices are falling by +4.6% over the last 12 months
3 year growth: 3.9%
5 year growth: 15.9%
Investment Disclaimer: Analysis based on TQ13 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

19 Lower Street, Chagford, Devon
Map showing location of 19 Lower Street, Chagford, Devon
Open Map