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Tavistock, Devon

South West

£285,000
Listed on 04/10/2025

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1118 sqft

Description

This three-bedroom semi-detached house offers a valuable opportunity for those looking to invest in a property with significant renovation and expansion potential. Situated in a peaceful cul-de-sac on the outskirts of Tavistock, the home is being sold with no onward chain, allowing for a straightforward purchase process. Constructed in 1974, the property retains much of its original charm and character. A particular highlight is the spacious conservatory that enhances the living space, making it ideal for family gatherings or relaxation. The ground floor features an open-plan lounge and dining area with patio doors that open onto the garden, along with a fitted kitchen and an inviting hallway. Upstairs, you’ll find three adequately sized bedrooms complemented by a family bathroom. The home also benefits from practical amenities such as gas central heating and double glazing, ensuring comfort throughout the year. Additional features include a garage with driveway parking and well-maintained rear gardens that back onto open fields, offering tranquil views, especially during sunset. Orchard Close itself consists of similar homes from the 1970s, drawing its name from the historical orchard and walled gardens of nearby Abbotsfield Hall. This location not only provides a quiet residential atmosphere but is also steeped in history—Abbotsfield Hall once served as the headquarters for the American 29th Infantry Division during World War II. For those considering future development options, there is ample scope to modernize the interiors or extend the property (subject to necessary permissions), making this an enticing investment for homeowners or landlords alike. In terms of local amenities and access to Tavistock’s town center, this location balances tranquility with convenience. With essential services just a short drive away, this property presents an excellent canvas for your creative vision or investment strategy.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -18.4% below area average per sq ft

-18.4%
Potential saving
This Property
£255/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£28,500 - £71,250
10-25% of property value
Target Value
£384,313
10% above area average per sq ft
Potential ROI
+7.9%
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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