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Bannawell Street, Tavistock - Image 1
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Bannawell Street, Tavistock

South West

£325,000
Listed on 31/12/2025

Property Details

Bedrooms
4
Type
Terraced house
Area
1336 sqft

Description

This distinctive Grade II listed stone home exudes period charm, offering a unique opportunity for renovation in a sought-after area. With its spacious layout spread over three floors, the property includes four generous double bedrooms and two versatile reception rooms. The ground floor features an inviting hallway and a rear porch leading to a practical utility room and cloakroom. The kitchen/living room, equipped with a range cooker, provides a solid foundation for modern updates. Upstairs, you'll find two well-appointed bedrooms on the first floor, both boasting charming views and character features like ornate fireplaces (non-functional). The second floor hosts an additional two double bedrooms with built-in storage. Outside, the enclosed courtyard invites al fresco dining while the elevated lawn area benefits from mature shrubbery and panoramic views of the surrounding countryside. While this historic home retains many original features such as exposed beams and picture rails, it presents a clear opportunity for modernisation throughout. Located in Tavistock, close to Dartmoor National Park, the home is surrounded by local amenities and recreational facilities, making it an ideal investment for those looking to create their dream residence.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -20.2% below area average per sq ft

-20.2%
Potential saving
This Property
£243/sq ft
Area Average
£305/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£447,934
10% above area average per sq ft
Potential ROI
+22.7%
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

Bannawell Street, 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
£1,191
Based on a loan of £243,750 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