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The Square, Holsworthy, Devon - Image 1
The Square, Holsworthy, Devon - Image 2
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The Square, Holsworthy, Devon

South West

£125,000
Listed on 01/07/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
498 sqft

Description

This freehold shop premises offers a unique opportunity for investors and renovators alike, situated in the bustling market town of Holsworthy. Located at a prominent corner of the town square, the property features two levels of versatile space, currently leased to a successful jeweler with two years remaining on the lease. This arrangement offers immediate rental income while providing a solid foundation for future development. The building presents significant renovation potential, particularly on the first floor, which is accessible from both the main shop and a side entrance. The upstairs area is currently used as storage but could be transformed into a studio apartment, subject to obtaining the necessary planning permissions. With thoughtful design and modernization, this space could enhance property value and appeal to residential tenants or buyers seeking convenient living in the heart of the town. Holsworthy itself is an inviting market town located within North Devon, approximately 9 miles east of Bude and 14 miles north of Launceston. Its strategic position at the crossroads of the A3072 and A388 grants easy access to wider transportation networks, including the A30 trunk road leading to the M5 motorway. The property lies within a conservation area that enhances its charm and desirability while being just a short stroll from local amenities such as Vision Express and Lloyds. For those considering investment opportunities in an evolving market, this property not only stands out due to its prime location but also promises ample scope for future growth through redevelopment.

Investment Analysis

(EX22 area)

Below Market Value

This property is priced -17.3% below area average per sq ft

-17.3%
Potential saving
This Property
£251/sq ft
Area Average
£304/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£166,285
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
7
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (EX22)

Area prices are rising by +3.4% over the last 12 months
3 year growth: -15.9%
5 year growth: 7.4%
Investment Disclaimer: Analysis based on EX22 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

The Square, Holsworthy, Devon
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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
£458
Based on a loan of £93,750 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