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New Street, Torrington, Devon, EX38

South West

£155,000
Listed on 14/05/2026

Property Details

Bedrooms
4
Type
Apartment

Description

Located on the desirable New Street in Torrington, this distinctive terraced property presents a compelling opportunity for renovation or redevelopment. The ground floor features versatile spaces currently utilized for commercial purposes, alongside three one-bedroom flats that are presently uninhabitable but hold considerable potential for refurbishment and reconfiguration, subject to the necessary planning approvals. A notable asset is the large car port offering valuable off-street parking—a rare advantage in this area—along with extensive storage space extending the length of the property. At the rear, a low-maintenance courtyard garden provides individual access to each flat. The first floor accommodates a spacious residential unit complete with four well-sized double bedrooms, a family bathroom, and a separate shower room. Character is evident in the large sitting room adorned with exposed beams, creating an inviting atmosphere. The kitchen is well-equipped and seamlessly connects to a dining area, enhancing the practicality for family living or entertaining guests. In addition, a generous external terrace offers further outdoor space ideal for seating and social gatherings. This property not only serves as a substantial family home but also presents diverse options for mixed-use investment or redevelopment projects. With its character-rich setting, ample parking, and outdoor amenities, it stands out as a rare find on New Street.

Investment Analysis

(EX38 area)
Area Average
£268/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£60,000 - £100,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
12
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -14.1% over the last 12 months
3 year growth: -8.5%
5 year growth: +0.7%
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

New Street, Torrington, Devon, EX38
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£553
Based on a loan of £116,250 over 30 years at 3.97% 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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