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Tavistock, Devon

South West

£200,000
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
322 sqft

Description

This charming Grade II listed cottage, dating back to the Duke of Bedford era, is ideally situated within a short walk from Tavistock’s vibrant town centre and the serene Meadowlands Park. The property presents a unique opportunity for buyers interested in investing in a historic home that holds significant renovation potential while being conveniently located near essential amenities. Upon entering, you’ll find original architectural features that highlight its historic character, such as exposed beams and traditional stone walls. The cozy sitting room, complete with an inviting open fireplace, sets a warm tone for the interior. Beyond this space lies the kitchen/dining area, which is well-sized and equipped with fitted units that invite reimagining. The ground-floor bathroom is conveniently positioned next to the kitchen. Upstairs, the cottage boasts two spacious double bedrooms that are filled with natural light, offering potential for modern updates or design enhancements. The front garden provides an outdoor space primarily laid to lawn with a patio area suitable for relaxation during sunny days. At the rear, there is a private courtyard featuring a stone outbuilding currently used for storage; this area has promising conversion potential into a functional office or creative studio—subject to necessary planning permissions (STPP). This property benefits from its proximity to various local services such as grocery stores, public transport links, schools, and leisure activities at nearby Meadowlands Leisure Centre. A scenic stroll through The Meadows park leads directly to Tavistock’s town centre where you can enjoy local shops and eateries. Tavistock itself is steeped in history as one of Devon’s most attractive market towns and lies on the edge of Dartmoor National Park. With rich cultural heritage connecting back to the 10th century and notable figures such as Sir Francis Drake originating from here, it offers both character and community spirit. Educational institutions range from primary to secondary levels—both state-run and private—ensuring families have access to quality learning environments. Recreational facilities are abundant; from parks and theatres to various sports clubs and activities suitable for all ages. For broader amenities and transport options, Plymouth is approximately 15 miles southward, while Exeter lies about 40 miles northeast. Exeter's rail connections further enhance accessibility for those commuting or looking to explore beyond Devon. Overall, this property not only offers an appealing living environment but also presents significant investment potential for those seeking a piece of historical charm in an accommodating community setting.

Investment Analysis

(PL19 area)

Above Market Value

This property is priced +98.8% above area average per sq ft

+98.8%
This Property
£621/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£20,000 - £50,000
10-25% of property value
Target Value
£110,688
10% above area average per sq ft
Potential ROI
-55.7%
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

Tavistock, Devon
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