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Cox Tor Road, Tavistock

South West

£179,950
Listed on 04/10/2025

Property Details

Bedrooms
2
Type
Semi-detached house
Area
680 sqft

Description

This spacious two-bedroom end-of-terrace property presents a noteworthy opportunity for those looking to invest or personalize their new home. Nestled in a quiet corner of a desirable development, the property, while in need of modern updates, offers significant potential for renovation. Upon entering, you'll find a functional layout that includes two generous reception rooms and well-sized double bedrooms. The living room and dining room provide ample space for both relaxation and entertaining, making it easy to envision how these areas could be enhanced with thoughtful updates. The kitchen, which opens up opportunities for customization, is ready for your personal touch. The property also benefits from well-proportioned front and rear gardens, offering outdoor space that can be further developed into an inviting retreat or garden oasis. Additionally, there’s a useful stone shed/utility space that enhances functionality and could serve various purposes depending on your needs. Off-road parking adds convenience and accessibility to this charming home. Positioned within the historic market town of Tavistock on the edge of Dartmoor National Park, this location boasts not only scenic views but also an array of local amenities. The town features a mix of shops, the famous pannier market, leisure facilities, and cultural attractions such as a theatre. For those seeking outdoor activities, Dartmoor's rugged landscape and picturesque villages are just moments away. This property is being offered with no onward chain, making it an appealing option for first-time buyers or investors looking to capitalize on its renovation potential in a thriving community.

Investment Analysis

(PL19 area)

Below Market Value

This property is priced -15.3% below area average per sq ft

-15.3%
Potential saving
This Property
£265/sq ft
Area Average
£313/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.3%

Renovation Potential

Est. Renovation Cost
£17,995 - £44,988
10-25% of property value
Target Value
£233,750
10% above area average per sq ft
Potential ROI
+3.9%
After renovation
Monthly Sales
12
Average per month
Market Turnover
16%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +8.5% over the last 12 months
3 year growth: 3.3%
5 year growth: 20.1%
Investment Disclaimer: Analysis based on PL19 area averages and may not reflect property-specific factors like condition, exact location, or unique features. 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

Cox Tor Road, Tavistock
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