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7 Grove Close, Totnes, Devon, TQ9 5EP - Image 1
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7 Grove Close, Totnes, Devon, TQ9 5EP

South West

£115,000
Listed on 14/01/2026

Property Details

Bedrooms
1
Type
Terraced house

Description

This one-bedroom mid-terrace house presents a valuable opportunity for renovation and investment. Situated in the heart of Totnes, a town celebrated for its vibrant community and artistic spirit, this property is ripe for modernisation. The enclosed rear garden offers potential for outdoor enhancement. With local amenities just 0.3 miles away on High Street and lush green spaces like Leechwell Garden nearby, it’s ideally positioned for both residential living and potential rental appeal. Currently vacant, this home is ready for a new owner to unlock its full potential through thoughtful updates and improvements.

Investment Analysis

(TQ9 area)
Area Average
£383/sq ft
Avg Rent (weekly)
£253
Avg Yield
2.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
50%
Properties sold annually

Local Market Trend (TQ9)

Area prices are falling by +6.4% over the last 12 months
3 year growth: 1.5%
5 year growth: 18.7%
Investment Disclaimer: Analysis based on TQ9 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

7 Grove Close, Totnes, Devon, TQ9 5EP
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£421
Based on a loan of £86,250 over 30 years at 4.19% 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.

Next Steps

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