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Garden Lane, Tavistock, Devon

South West

£100,000

Listed on 29/05/2026

Property Details

Bedrooms
2
Type
Plot

Description

This is a notable opportunity to acquire a single development site with granted planning permission for the construction of three two-bedroom terrace homes. Nestled just off Garden Lane in Tavistock, the site is positioned within an established residential area, providing convenient access to local amenities and the town center. The approved project entails well-sized two-storey properties that will appeal to first-time buyers, downsizers, or investors looking to tap into the rental market. It's an excellent chance for builders or developers interested in a manageable project in a sought-after location. Currently, no services are connected to the site, so prospective buyers should investigate service availability and connection costs. This property’s sale will proceed through an online auction process, and further details will be provided upon receipt of the legal pack. Tavistock itself boasts rich historical significance and offers diverse shopping options, recreational facilities, and educational institutions, making it a desirable location for new housing developments.

Investment Analysis

(PL19 area)
Area Average
£309/sq ft

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£80,000 - £120,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
23
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (PL19)

Area prices are rising by +8.8% over the last 12 months
3 year growth: -3.1%
5 year growth: +11.8%
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

Garden Lane, Tavistock, Devon
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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
£357
Based on a loan of £75,000 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

This calculation uses non-residential (land/commercial) tax rates.

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