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Brook Street, Tavistock

South West

£200,000
Listed on 27/02/2026

Property Details

Bedrooms
3
Type
Terraced house
Area
1260 sqft

Description

This freehold mixed-use property presents a promising investment or owner-occupier opportunity in the heart of Tavistock. Comprising a retail unit alongside a separate maisonette, it offers significant potential for refurbishment to enhance its value and appeal. The premises are located within a vibrant town centre, surrounded by well-established shops, cafes, and essential amenities, with a strong recent gross yield of 8.2%. Both the retail space, approximately 384 sq.ft., and the maisonette above, spanning around 876 sq.ft., require modernisation but feature independent access and versatile layouts that could accommodate various uses. A rear courtyard and stone outbuilding further enrich this property’s potential, ideal for use as additional workspace or storage, enhancing both residential and commercial prospects. The property's location close to transport links and community facilities underscores its desirability for future tenants or buyers.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -47.6% below area average per sq ft

-47.6%
Potential saving
This Property
£159/sq ft
Area Average
£303/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£419,681
10% above area average per sq ft
Potential ROI
+74.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +12.4% over the last 12 months
3 year growth: -0.4%
5 year growth: +15.7%
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

Brook Street, Tavistock
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£721
Based on a loan of £150,000 over 30 years at 4.06% 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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