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Glanville Road, Tavistock, Devon, PL19

South West

£500,000
Listed on 31/12/2025

Property Details

Bedrooms
5
Type
Semi-detached house
Area
3734 sqft

Description

This historic semi-detached villa offers a remarkable opportunity for renovation, situated in an elevated position above Tavistock Town Centre. Known as 'The Elms', this five-bedroom home spans three floors plus a basement, with south-facing gardens and a detached garage. The property is ripe for transformation and could become an exceptional family residence with the right vision. Upon entering through an attractive glazed front door, you're greeted by a spacious vestibule leading to a central hall that connects to the staircase and basement access. The main reception room, currently serving as a dining area, features dual aspect windows including a grand bay window that fills the space with natural light. Charming details such as a large marble fireplace and elaborate cornicing add character. Another well-sized reception room mirrors this charm with its own bay window and ornamental fireplace. The kitchen breakfast room offers fitted cabinets and integrated appliances but would benefit from modernisation to maximise its potential. A convenient rear lobby leads to both a laundry room with flagstone floors and a pantry or parlour area, further enhancing functionality. On the first floor, you’ll discover three generous double bedrooms, each with original fireplaces, alongside a fully-tiled family bathroom featuring an electric shower over the bath. The second floor comprises additional bedrooms including one which is stripped back to bare stone, indicating more extensive refurbishment needs. With charming gardens populated by mature shrubs and decorative stone statues sourced during the villa's creation in the 19th Century, outdoor potential also exists. There’s even private access from the garden leading down towards town amenities. Though some areas of the property require significant work—including addressing cracks caused by thermal movement—the foundation has been laid for what could be transformed into an impressive family home.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -56.1% below area average per sq ft

-56.1%
Potential saving
This Property
£134/sq ft
Area Average
£305/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£50,000 - £100,000
Target Value
£1,251,936
10% above area average per sq ft
Potential ROI
+108.7%
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

Glanville Road, Tavistock, Devon, PL19
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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
£1,832
Based on a loan of £375,000 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