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Fore Street, Langtree, Torrington

South West

£130,000
Listed on 02/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
635 sqft

Description

Nestled on one of Langtree's sought-after streets, this three-bedroom residence offers a unique opportunity for renovation and investment. Surrounded by charming period properties, this home sits comfortably on a substantial plot that promises potential for both expansion and modern updates. Entering the property, you are greeted by a spacious living room featuring a stone fireplace that adds character and warmth to the space. The impressive kitchen is equipped with ample work surfaces and fitted units, seamlessly connecting to the rear courtyard—a perfect canvas for outdoor entertaining or serene mornings with your coffee. The first floor accommodates three bedrooms, two of which boast views of the front garden, providing an inviting atmosphere filled with natural light. The property also features a generously sized mature garden that ensures privacy and seclusion—a rare find in this area, making it ideal for alfresco dining or family gatherings. To add further appeal, there’s an outbuilding at the rear that presents exciting possibilities. Although it may require some modernization, it can easily be transformed into a gym, hobbies room, or workshop—subject to necessary planning permissions. This flexibility allows you to tailor the space to your needs and preferences. Location-wise, you'll find yourself just minutes away from cultural attractions such as the Plough Arts Centre and Dartington Crystal. The expansive Royal Horticultural Society gardens at Rosemoor are also nearby. Outdoor enthusiasts will appreciate quick access to the Tarka Trail—a scenic route perfect for walking or cycling along gentle gradients through beautiful woodlands by the River Torridge. Additionally, both Dartmoor and Exmoor National Parks are within an hour’s drive, while the coastline is conveniently located just 12 miles away. This property not only boasts desirable features but also offers significant renovation potential in a vibrant community setting.

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -24.7% below area average per sq ft

-24.7%
Potential saving
This Property
£205/sq ft
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Target Value
£189,922
10% above area average per sq ft
Potential ROI
+8.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by +3.8% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.5%
Investment Disclaimer: Analysis based on EX38 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Fore Street, Langtree, Torrington
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£476
Based on a loan of £97,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE