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Well Street, Great Torrington, Devon, EX38

South West

£100,000
Listed on 22/04/2026

Property Details

Bedrooms
2
Type
Terraced
Area
753 sqft

Description

Nestled in the vibrant community of Great Torrington, this two-bedroom cottage presents an enticing opportunity for both first-time buyers and investors seeking a project. With no onward chain, this property is primed for renovation. It features a private courtyard garden and retains appealing character details such as exposed beams and a charming feature fireplace. The welcoming entrance hall showcases original cobble flooring, leading into a spacious sitting/dining area that exudes warmth and character. Just a few steps down is the kitchen, equipped with practical wall and base units, an inset sink, space for cooking appliances, and undercounter plumbing for a fridge. A convenient storm porch connects to the rear garden. Off the kitchen lies a utility space with plumbing provisions and a WC. The first floor includes two well-sized bedrooms adorned with exposed wooden floors, accompanied by a modest three-piece shower room featuring tiled surrounds. The rear courtyard offers privacy alongside additional garden space that is currently overgrown but holds significant potential for landscaping or expansion of outdoor living areas. While the property requires some updating to meet modern standards, it holds immense promise as a charming home or investment in this central location.

Investment Analysis

(EX38 area)

Below Market Value

This property is priced -50.6% below area average per sq ft

-50.6%
Potential saving
This Property
£133/sq ft
Area Average
£269/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£222,688
10% above area average per sq ft
Potential ROI
+78.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
10
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -11.5% over the last 12 months
3 year growth: -5.6%
5 year growth: +4.2%
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, Great Torrington, Devon, EX38
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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
£354
Based on a loan of £75,000 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.

Stamp Duty Calculator

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