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Great Links Tor Road, Okehampton, EX20 - Image 1
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Great Links Tor Road, Okehampton, EX20

South West

£250,000

Listed on 28/09/2026

The listing

Property details

Bedrooms
3
Type
Detached
Area
743 sqft

Description

This three-bedroom detached house presents an excellent opportunity for buyers looking to invest in a property with considerable potential for improvement. Located on a peaceful residential street, the home is conveniently close to the town centre, local schools, parks, and the train station, making it ideal for families and commuters alike. The interior features a practical layout, starting with a welcoming entrance hall that leads into a spacious living area and a kitchen that offers pleasant garden views. Each of the three bedrooms is generously sized, providing ample space for family living or home working. Recently installed, a new gas-fired combination boiler ensures efficient heating throughout the property. Notably, there is lapsed planning permission for an extension, allowing for further enhancement of the living space and potential increase in value. The property also includes driveway parking and a single garage, catering to the needs of busy households. The outdoor space is particularly appealing, featuring a fully enclosed rear garden with both lawn and patio areas, perfect for alfresco dining or simply enjoying the sun. Gated access from the driveway adds to the privacy and security of the space, making it a safe area for children or pets to play. The tarmac driveway provides off-road parking in front of the garage, which measures 5.2m x 2.6m and could serve as additional storage or a workshop. With its prime location and scope for personalisation, this property is ready to welcome its next owners.

WHOTS analysis

Our WHOTS verdict

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

40out of 100
Grade ELow opportunity

Confidence: MEDIUM

This three-bedroom detached house presents an interesting renovation project in a convenient location, just a short walk from the town center and local amenities. The property boasts a spacious interior with a well-proportioned layout, including a living area, kitchen with garden views, and generously sized bedrooms that offer flexibility for various living arrangements. The fully enclosed rear garden is a standout feature, providing a safe space for children or pets, as well as opportunities for outdoor entertaining.

However, the asking price of £250,000 translates to £336/sqf, which is significantly above the local average of £289/sqf. This makes the price feel quite dear relative to the market, especially when considering the estimated all-in costs of £310,000, which stretch the potential value against local benchmarks. While there is potential for extension with lapsed planning permission in place, prospective buyers should be cautious of the economic implications and the market volatility in the area. With renovation costs estimated between £40,000 and £80,000, this project has merit but requires careful financial consideration.

Key opportunities

  • Spacious interior layout with flexible room sizes for family living or home working.
  • Potential to enhance the property through extension, given the lapsed planning permission.
  • Fully enclosed garden offering scope for outdoor entertaining and personalisation.

Key risks

  • Asking price plus refurbishment costs leave all-in expenses stretched versus local benchmarks.

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Map

Location

Great Links Tor Road, Okehampton, EX20
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Finance

Mortgage calculator

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

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£944
Based on a loan of £187,500 over 30 years at 4.45% 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

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

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