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Tavistock, Devon

South West

£175,000
Listed on 04/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This historic Grade II Listed building, located in the center of Tavistock, offers a prime opportunity for renovation and investment in a vibrant community setting. Currently utilized as a Guide Hall, the property presents a versatile layout that is ripe for adaptation to various uses, pending planning consent. Situated in Tavistock’s bustling Wharf area, this former Granary Warehouse stands as a testament to the town's rich industrial heritage. Constructed around 1816-1817 during the peak of canal trade in Tavistock, this building showcases unique architectural features that reflect its historical significance. Designed to span the Tavistock Canal, it was originally intended for efficient loading of goods via a removable floor system—a clever engineering solution from an era when Tavistock was at the forefront of regional mining activities. The Granary is set against the backdrop of the Cornwall and West Devon Mining Landscape UNESCO World Heritage Site, emphasizing its importance within the region’s historical narrative. The canal itself has been integral to local commerce, connecting Tavistock with essential resources and transportation routes crucial for mining operations in its heyday. For nearly nine decades, this building served Girlguiding as its local headquarters—an establishment that has fostered community connections and memories. As this organization transitions into new phases, there emerges an exciting prospect for reimagining The Granary's purpose within contemporary society. Internally, the property spans two levels. The ground floor consists of an entrance lobby, storage spaces, meeting areas or offices, and restroom facilities. On the upper level, you’ll find a spacious open-plan area adorned with original stone walls and exposed timber flooring complemented by a large inglenook fireplace. A modern kitchen and fitted cupboards enhance functionality while maintaining character—a perfect base for potential transformation. One significant advantage of this property is its undefined planning designation at present. This flexibility positions it as an ideal canvas for ambitious investors or entrepreneurs seeking to develop distinctive projects such as restaurants, cafés, galleries, creative studios, office spaces, or even residential conversions into stylish townhouses or apartments (subject to necessary permissions). Located amidst a wealth of cultural amenities—including The Wharf Arts Centre, Meadowlands Leisure Centre, local libraries, health centers, and parks—The Granary benefits from its strategic placement near public transport links and ample parking options. Grounded in history with ties to ancient monastic gardens from the original Tavistock Abbey site nearby further enriches its story. In summary, this property not only possesses unique historical charm but also offers significant renovation potential that

Investment Analysis

(PL19 area)
Area Average
£305/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£100,000 - £200,000
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, 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
£641
Based on a loan of £131,250 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