Torrington, Devon
BO

Torrington, Devon

By Bond Oxborough Phillips

£ 190,000

Reviews

2 out of 5 stars

Bond Oxborough Phillips says ..

A fantastic investment opportunity in the heart of the town for this semi commercial period property. The building consists of a shop front and store room with kitchen and toilet totalling 617 square feet with a trading space of 410 square feet. Above this is a large three bedroom duplex maisonet...

Property Oracle says ..

This property in Great Torrington, Devon, presents a mixed bag. It’s a three-bedroom property located in a convenient town centre position, offering easy access to local amenities including schools rated ‘Good’ by Ofsted. The presence of a modernised kitchen and other updated areas is a positive feature. However, several areas of the house appear dated and cluttered, and some would require modernisation. The photos reveal a stark contrast between the renovated spaces and the lived-in and relatively neglected condition of some areas. This will have an effect on the potential buyers and should be noted as the property is sold in its current state. The lack of information about the plot size and the high price of the properties in the nearby streets indicate that the property requires a more detailed inspection before a final decision on value can be determined. The listed price is neither exceptionally high nor low for the area, given that similar properties (with some differences in type and condition) are being listed for a similar price. Ultimately, this property could be a good investment opportunity for someone willing to undertake further improvements, but a thorough inspection before purchasing is recommended. The lack of a garden is a notable drawback for many buyers, while the town centre location will be attractive to some and less so to others.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
3
Bathrooms
1
Sqft (est)
1,569.38

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
283,167.00 £
Increased by 7.70 %
from 262,921.00 £
Est sale value
549,283.00 £
Increased by 33.59 %
from 411,177.56 £
Average area rental value
723.00 £/mo
Increased by 8.72 %
from 665.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.06 %
Increased by 0.66 %
from 3.04 %
Crime Rate
81.00 %
Unchanged by 0.00 %
from 81.00 %

Agent Activity

  • Bond Oxborough Phillips created the listing.

Nearby Schools

NameTypeOfstedDistance
Bluecoat Children'S CentreChildren's Centre0.68 KM
Great Torrington Bluecoat Church Of England Primary SchoolVoluntary Controlled SchoolGood0.68 KM
Great Torrington SchoolAcademy ConverterGood1.01 KM
Marland SchoolFoundation Special SchoolGood6.25 KM
Monkleigh Primary SchoolCommunity SchoolGood6.34 KM

Images

Picture No. 19 Picture No. 20 Picture No. 26 Picture No. 08 Picture No. 09 Picture No. 11 Picture No. 10 Picture No. 12 Picture No. 13 Picture No. 23 Picture No. 16 Picture No. 17 Picture No. 18 Picture No. 22

Nearby Streets

NameAverage PriceAverage SqftDistance
Fore Street £ 000.00 KM
Castle Street £ 280,00000.00 KM
Torrington Pannier Market £ 475,00000.00 KM
Church Lane £ 267,50000.00 KM
White's Lane £ 290,00000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
/ 12a Potacre Street, Torrington, Devon £ 140,000BUY5 / 100.00 KM
Torrington, Devon £ 190,000BUY5 / 100.00 KM
Torrington, Devon £ 550,000BUY5 / 100.05 KM
Torrington, Devon £ 170,000BUY6 / 100.08 KM
Castle Street, Torrington, Devon £ 170,000BUYUnknown0.10 KM

Nearby Properties

AddressPriceDistance
1 Potacre Street £ 120,0000.01 KM
8a Potacre Street £ 170,0000.01 KM
4 Potacre Street £ 330,0000.01 KM
3 Potacre Street £ 175,0000.01 KM
5 Potacre Street £ 101,0000.01 KM