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Well Street, Torrington, Devon EX38 - Image 1
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Well Street, Torrington, Devon EX38

South West

£160,000
Listed on 24/03/2026

Property Details

Bedrooms
2
Type
Terraced

Description

Located in the heart of Great Torrington, this two-bedroom cottage presents a promising opportunity for renovation enthusiasts or investors looking to craft a unique home in one of North Devon's vibrant market towns. Although the property requires modernisation, it boasts generous living spaces and potential for personalization, all within a setting that encourages a delightful lifestyle. Great Torrington is known for its community-centric atmosphere, independent shops, cafes, and its historic pannier market. The town strikes an ideal balance between everyday amenities and serene countryside living, making it particularly attractive to families, walkers, and cyclists. A notable feature of this area is the expansive Torrington Commons, which envelops the town with 365 acres of beautiful countryside, complete with numerous footpaths and scenic viewpoints—ideal for outdoor activities right outside your door. The cottage itself exudes charm with well-sized rooms conducive to modern living once updated. Upon entering, you're welcomed by an entrance hall leading into two spacious reception rooms; the living room features a log burning stove as a cosy focal point while the second reception room offers adaptability for various uses such as a dining area or snug. At the back of the house is a kitchen/breakfast room that could easily be transformed into an inviting central space with fitted units and dining options—an excellent chance to enhance functionality while enjoying direct access to the garden. The outdoor area is designed for easy maintenance with artificial grass and offers substantial space suitable for various activities including outdoor dining or play areas, making it an appealing extension of your indoor living space. The upstairs comprises two well-lit double bedrooms plus a recently updated family shower room providing modern comfort among more traditional elements that could be improved upon throughout the home. This cottage's long rear garden adds another layer of opportunity with ample room to create dedicated outdoor spaces tailored to personal tastes. Overall, while some renovations are necessary, this property serves as an exciting blank canvas ready for someone to infuse their style into a character-rich home situated in a highly desirable location.

Investment Analysis

(EX38 area)
Area Average
£272/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £45,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
11
Average per month
Market Turnover
43%
Properties sold annually

Local Market Trend (EX38)

Area prices are falling by -14.4% over the last 12 months
3 year growth: -6.9%
5 year growth: +4.6%
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

Well Street, Torrington, Devon EX38
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Mortgage Calculator

£
£
£
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years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£577
Based on a loan of £120,000 over 30 years at 4.06% 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.

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