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High Street, Totnes

South West

£450,000

Listed on 10/07/2026

The listing

Property details

Bedrooms
2
Type
Terraced
Area
1224 sqft

Description

This prominent Grade II listed mixed-use property in the heart of Totnes presents a unique investment opportunity with potential for renovation. Currently comprising a let retail shop and a two-bedroom maisonette, this building stands out for its traditional character and prime location amidst the vibrant community of Totnes. The ground-floor retail unit benefits from significant pedestrian traffic, thanks to its double-fronted design and large display windows that enhance visibility. The separately accessed maisonette features spacious living areas, including two double bedrooms, each retaining historical details such as sash windows and fireplaces. While the commercial space is currently let, there is considerable scope to improve both residential and commercial aspects of the property. Given that the building is Grade II listed, any renovations would need to respect its architectural integrity while modernizing facilities. With local amenities within easy reach and excellent transport links to Exeter, Plymouth, and London Paddington, this property is well-positioned for future growth.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

56out of 100
Grade DWeak opportunity

Confidence: MEDIUM

At £450,000, this Grade II listed mixed-use freehold is a little below the local average at £368 per sq ft versus £382, making the price a relative plus. The overall score is still a weak opportunity: the modest price advantage is offset by limited headroom against the current local-value benchmark, while the listing’s strongest appeal is its prominent High Street position and the combination of a let shop with a separately accessed two-bedroom maisonette.

The residential spaces shown look liveable and retain character in their sash windows and fireplaces, so this is a light-refresh project rather than a major overhaul. There is scope to update the dated but usable kitchen finishes; the marked staining and weathering on the upper façade also merit investigation, with repairs approached appropriately for a listed building.

Key opportunities

  • Refresh the dated, functional kitchen finishes while retaining the maisonette’s traditional character.
  • Make the most of the separately accessed maisonette and let High Street shop as a distinctive mixed-use freehold.
  • Investigate the upper-façade staining and identify a suitable listed-building cleaning or repair approach.

Key risks

  • The marked upper-façade staining and weathering need investigation to establish their cause and the appropriate listed-building treatment.
  • A ceiling crack is visible in the living room; check its condition and monitor for any change.

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Map

Location

High Street, Totnes
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Transport

Nearest stations

  • Totnes Rail Station

    0.4 miles

    Train · Totnes

  • Paignton Rail Station

    5.6 miles

    Train · Paignton

  • Torquay Rail Station

    6.9 miles

    Train · Torquay

  • Torre Rail Station

    7.0 miles

    Train · Torre

Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.

Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 5.13%

Current average variable rate is 6.58%

Monthly Repayments
£1,839
Based on a loan of £337,500 over 30 years at 5.13% 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.

Tax

Stamp duty calculator

Indicative tax based on the asking price and the options you select.

Pricing

Price history

-3.2% since listed
£450,000£15,000(-3.2%)
13/10/2026
Current price
£465,000Initial listing
11/07/2026

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