2-bedroom terraced house · EX38 7AE
Listing removedListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered to the market with no onward chain, this recently refurbished, double-fronted two-bedroom terraced home is tucked away within a private terrace of just four properties, only a five-minute walk from Great Torrington town centre.
The property is entered via a porch and offers two separate reception rooms, both featuring chimneys that are currently capped but could potentially be reopened, subject to any necessary consents.
The dining room enjoys a central feature fireplace with inset electric fire and an attractive tiled surround.
To the rear of the property is the kitchen, fitted with a range of wall and base units, an inset stainless steel sink and plumbing for a washing machine. A rear porch leads out to the garden.
On the first floor are two double bedrooms, one of which is dual aspect, with both rooms benefiting from built-in cupboards.
The bathroom is particularly spacious and comprises a bath with shower over, WC and wash hand basin, along with two built-in storage cupboards.
Outside, the rear garden is fully enclosed and offers a blank canvas for keen gardeners, while the front garden is designed for low maintenance.
A further attraction of this charming cottage is the delightful countryside views enjoyed from the first floor.
Construction - rendered elevations under a tiled roof From the Torrington town square take the south street exit onto new street, at the junction turn left follow the road along and take the first right onto Stonemans Lane where the property can be found on the right hand side with a Webbers for sale board on display.
Porch Inner Hall Sitting Room 4.47m x 2.5m Dining Room 4.47m x 2.6m Kitchen 3.2m x 2.6m Rear Porch Landing Bedroom 4.47m x 2.5m Bedroom 4.47m x 2.5m Bathroom 3.2m x 2.5m Viewing Arrangements Strictly by appointment with the selling agent Services All mains services , water and drainage connected.
Tenure Freehold EPC C Council Tax Band A Agent Note Has a right of way through the garden of number 4
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Stonemans Lane, Torrington, Devon, EX38
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