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Tavistock

South West

£575,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Detached house
Area
2443 sqft

Description

This versatile detached property in Tavistock offers significant renovation potential, especially appealing for those considering multi-generational living or rental opportunities due to its self-contained one-bedroom annex on the lower ground floor. With the main accommodation spanning a single level, it features a spacious entrance hall, a generously sized sitting room adorned with unique arched windows, and a kitchen/dining area that opens into a conservatory. The four bedrooms are all doubles, complemented by bathroom facilities including a family bathroom and an additional shower room. The lower ground floor boasts a large family room with French doors, providing an inviting space that could be further modernized to enhance comfort and functionality. While the property is equipped with gas central heating and double glazing, it requires light refurbishment throughout to realize its full potential. The outdoor space includes front and rear gardens along with parking facilities, which could be landscaped or upgraded as part of the renovation process. Situated close to open Moorland on Whitchurch Down and offered with no onward chain, this property presents a promising investment opportunity in a desirable location.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -22.8% below area average per sq ft

-22.8%
Potential saving
This Property
£235/sq ft
Area Average
£305/sq ft

Renovation Potential

Light Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£819,089
10% above area average per sq ft
Potential ROI
+34.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +7.6% over the last 12 months
3 year growth: -0.8%
5 year growth: 14.7%
Investment Disclaimer: Analysis based on PL19 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

Tavistock
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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
£2,106
Based on a loan of £431,250 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