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Well Street, Torrington, Devon

South West

£160,000

Listed on 02/07/2026

Property details

Bedrooms
2
Type
Terraced

Description

Situated in the heart of Great Torrington, this two-bedroom cottage presents a valuable opportunity for those looking to invest in a property with significant renovation potential. While it requires modernisation, the generous living space and advantageous location promise the possibility of creating a bespoke home tailored to your preferences. The cottage boasts well-sized rooms, including an inviting living room with a log burning stove, ideal for cozy evenings. The versatile layout features two reception rooms suitable for various uses, as well as a kitchen/breakfast room that connects directly to a long rear garden—offering ample scope for outdoor enhancements and entertaining areas. The upstairs accommodation includes two double bedrooms and a recently updated shower room, while the downstairs adds practicality with an additional shower space. Located near the vibrant amenities of Torrington and surrounded by stunning countryside, this property is perfectly positioned for hiking enthusiasts and families alike. With its blend of community spirit and natural beauty, this cottage not only serves as a charming residence but also as an exciting project for buyers keen on bringing their vision to life in this sought-after area.

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Investment analysis

(EX38 area)
Area Average
£266/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -10.9% over the last 12 months
3 year growth: -12.0%
5 year growth: -2.4%
Investment Disclaimer: Analysis based on EX38 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

Well Street, Torrington, Devon
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Mortgage calculator

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£
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years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£604
Based on a loan of £120,000 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

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