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Brook Lane, Tavistock, PL19

South West

£900,000
Listed on 02/04/2026

Property Details

Bedrooms
5
Type
Detached
Area
3122 sqft

Description

This notable five-bedroom detached former mill, originating from the 1600s and part of the historic Walreddon Manor Estate, offers a unique opportunity for renovation enthusiasts or investors. With splendid views of the River Tavy and its surrounding countryside, the property blends historical charm with modern potential. While it is not designated as a listed building, it features significant period characteristics that can be preserved or enhanced during refurbishment. Set back from a peaceful lane on a private driveway, this home provides ample space across three levels, offering flexibility for families or multiple generations. The interior includes four reception areas—including a library and formal dining room—as well as a kitchen/breakfast area complete with an AGA and pantry. The upper floors consist of five spacious bedrooms, three of which are en-suite, alongside a snug that could serve various purposes. Outside, the mature gardens ensure privacy while enhancing the outdoor experience with a garden room that invites stunning river views. Additional outbuildings present promising opportunities for conversion into additional living spaces or leisure facilities, contingent on planning approvals. This property stands out not only for its rich history but also for its potential to adapt to contemporary needs while maintaining its distinctive character.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -6.0% below area average per sq ft

-6.0%
Potential saving
This Property
£288/sq ft
Area Average
£307/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£80,000 - £120,000
Target Value
£1,053,097
10% above area average per sq ft
Potential ROI
+3.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
27
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +11.5% over the last 12 months
3 year growth: -1.1%
5 year growth: +15.3%
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 Lane, Tavistock, PL19
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£3,188
Based on a loan of £675,000 over 30 years at 3.91% 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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