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Brook Lane, Tavistock, PL19 9DP

South West

£900,000
Listed on 04/10/2025

Property Details

Bedrooms
5
Type
Detached house
Area
3119 sqft

Description

This impressive five-bedroom detached former mill, dating back to the 1600s, offers a unique blend of historical charm and potential for modernization. Located alongside the tranquil River Tavy, the property not only boasts stunning views of both the river and the surrounding countryside but is also just a short distance from the bustling market town of Tavistock. Accessed via a private driveway, this home is set back from the road and enveloped by mature hedgerows and greenery, ensuring privacy for its residents. Notably, this property is unlisted despite its historical significance, providing a unique opportunity for renovation without the constraints typically associated with listed buildings. Spanning three floors, inside you will find a spacious layout that can easily accommodate family living or multigenerational arrangements. The ground floor features four reception areas - including a library and formal dining room - along with a kitchen/breakfast room equipped with an AGA and separate pantry. The upper levels encompass five well-sized bedrooms; three of these come with en-suite facilities. Additionally, there is a snug area on the top floor that could serve as a study or quiet retreat. Double-glazed windows throughout enhance energy efficiency while preserving comfort. Externally, mature gardens provide an idyllic backdrop for outdoor activities and relaxation. A charming garden room offers picturesque views of the river and serves as an inviting space for alfresco dining. Multiple outbuildings—comprising a garage and workshop—hold significant potential for conversion into ancillary accommodation or other uses, pending necessary planning approvals. The property's location in Tavistock provides easy access to essential amenities such as shops, restaurants, healthcare facilities, and recreational options like Tavistock Meadows or local golf clubs. Residents can enjoy vibrant community life along with numerous independent retailers that contribute to Tavistock’s charm. For those who appreciate nature, Dartmoor National Park lies nearby, offering extensive opportunities for walking, cycling, and exploring the stunning landscape replete with wildlife and scenic vistas. Nearby West Down serves as an excellent access point to experience Dartmoor's rugged beauty. Families residing here will find reputable educational institutions within reach—from primary schools to prestigious secondary options like Tavistock College and Mount Kelly independent school—which cater to varying educational needs. Transport links are convenient as well; public bus services connect Tavistock with Plymouth just 15 miles away—offering additional shopping options along with mainline rail services that extend far beyond Devon. With its rich history, substantial living space, and promising potential for further enhancement or development

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -7.7% below area average per sq ft

-7.7%
Potential saving
This Property
£289/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£90,000 - £225,000
10-25% of property value
Target Value
£1,072,156
10% above area average per sq ft
Potential ROI
-4.7%
After renovation
Monthly Sales
12
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +8.5% over the last 12 months
3 year growth: 3.3%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on PL19 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

Brook Lane, Tavistock, PL19 9DP
Map showing location of Brook Lane, Tavistock, PL19 9DP
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