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West Street, Tavistock

South West

£285,000

Listed on 12/06/2026

Property Details

Bedrooms
3
Type
Commercial Property

Description

This mixed-use freehold property in central Tavistock presents a unique opportunity for renovation or redevelopment, subject to the necessary consents. The building features a commercial unit on the ground floor and an extensive maisonette above, providing significant scope for transformation. The premises have previously functioned as a restaurant and retail space, but there are multiple avenues to explore including refurbishment, division into smaller units, or complete reconfiguration of the residence to enhance its appeal. The Grade II Listed status adds character while also presenting challenges for upgrades. With proximity to local amenities, including the popular Cornish Arms Inn and various shops, this property has excellent potential for investors looking to capitalize on Tavistock's thriving market town environment. The residential component comprises generous living spaces with historical features such as marble fireplaces and log-burning stoves. While the flat is functional, it requires updates to maximize its desirability. The rear garden terrace awaits landscaping and development ideas. Given the strong demand in this area and the opportunities presented by this property layout, it is positioned well for future growth.

Investment Analysis

(PL19 area)
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £90,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
17
Average per month
Market Turnover
7%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +7.5% over the last 12 months
3 year growth: -4.5%
5 year growth: +9.8%
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

West Street, Tavistock
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,077
Based on a loan of £213,750 over 30 years at 4.45% 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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