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Well Street, Torrington, Devon

South West

£160,000
Listed on 04/03/2026

Property Details

Bedrooms
2
Type
Terraced house

Description

Situated in the heart of Great Torrington, this quaint two-bedroom cottage represents a promising opportunity for those looking to invest in a characterful property in one of North Devon's appealing market towns. While the home is primed for modernisation, it boasts generous living spaces and tremendous potential for transformation into a stylish residence that reflects modern living preferences. Great Torrington is well-known for its vibrant community and array of independent shops, cafés, and traditional markets, making it an attractive locale for families, cyclists, and nature enthusiasts. The picturesque surroundings include the stunning Torrington Commons, providing 365 acres of rolling hills and pathways that enhance the outdoor lifestyle on offer here. Characteristically inviting, this cottage welcomes you with its entrance hall leading to two spacious reception rooms. The living room features a charming log-burning stove as its focal point—perfect for creating a warm atmosphere in cooler months. The adaptable second reception room can serve various purposes such as a dining area or snug space. At the rear lies a kitchen/breakfast room that presents ample opportunity for reconfiguration or upgrades to suit personal tastes. This hub of activity conveniently connects to the garden, facilitating seamless indoor-outdoor living—ideal for entertaining during warmer weather. A downstairs shower room adds to the property's practicality. Upstairs reveals two well-sized double bedrooms filled with natural light and a recently updated family shower room that contrasts beautifully with areas still waiting for enhancement. The long rear garden is a notable feature not commonly found so centrally located within the town. Featuring artificial grass and designed for low maintenance, this space offers versatility—a perfect backdrop for children’s play or peaceful relaxation under the sun. There’s ample space for outdoor furniture or potential vegetable plots. Additionally, useful sheds provide storage solutions fitting various needs. In summary, although this cottage requires renovation work, it stands as a blank canvas ready to be tailored by buyers seeking an ideal home in a sought-after location—an opportunity to embrace community life while enjoying the tranquillity of nearby countryside walks.

Investment Analysis

(EX38 area)
Area Average
£272/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
43%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -14.4% over the last 12 months
3 year growth: -6.9%
5 year growth: +4.6%
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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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 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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