1-bedroom flat · PL19 0DR
For saleListed 5 days
Opportunity summary
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About
Russell Court, Bannawell Street, Tavistock, Devon Russell Court is a characterful Grade II listed building with a fascinating history, originally constructed around 1835 as Tavistock Union Workhouse to designs by renowned architect Sir George Gilbert Scott.
Its distinctive architecture reflects an important part of Tavistock’s heritage, and the building has since been converted into individual apartments.
Flat 4 is a charming one-bedroom apartment on the ground level, approached via its own private bespoke front door.
An entrance vestibule to the side provides a handy space for coats and shoes, while inside, the accommodation comprises a cosy lounge, kitchen and bathroom to the left, with the bedroom to the right.
The apartment also benefits from access to lovely, well-kept communal gardens, newly fitted windows and is insulated right through.
Although the property would benefit from some modernisation, it offers an excellent opportunity for a new owner to put their own stamp on it and create a lovely, cosy home.
We have also created ai-generated illustrative images to help demonstrate the apartment’s potential and show how it could look with a little imagination.
The town centre is just a pleasant 10-minute walk away, offering easy access to a range of independent shops, cafés, restaurants and everyday amenities.
Tavistock is a charming and historic market town on the western edge of Dartmoor National Park, surrounded by beautiful countryside and steeped in heritage.
At its heart lies the attractive Bedford Square, with a wonderful mix of independent shops, cafés, restaurants and traditional pubs, alongside the much-loved Pannier Market, offering a variety of local produce, crafts and specialist stalls.
The town has a welcoming community feel and a lively calendar of local events, making it a lovely place to live throughout the year.
For those who enjoy the outdoors, the open moorland, scenic walking routes and picturesque villages of Dartmoor are close at hand, while the beautiful Tamar Valley is also nearby.
The town is well placed for exploring further afield, with Plymouth approximately 15 miles away and Exeter within comfortable driving distance.
Both the north and south coasts of Devon and Cornwall can be reached in around an hour by car, offering a wonderful choice of beaches, coastal walks and seaside destinations.
Agents note: Lease length 999 years from 1974. 946 years remaining. Service charge £984.00 per annum.
Material Information Tenure: Leasehold Council tax band: A EPC rating: E - 42 The Building Standard construction Accessibility adaptations: None Services Mains electricity Mains water Private foul drainage Private surface water drainage Heating: Night Storage Heaters Broadband: FTTP Mobile coverage: O2 good, Vodafone good, Three good, EE good Parking: None Risks and restrictions Title DN545378 contains restrictions or restrictive covenants Restrictive covenants (Title DN545378): Present Title DN545378 contains beneficial rights or easements: Here is a summary but a property lawyer can advise further:- The registered lease grants or preserves legal easements that benefit the flat; the title is subject to any rights granted or reserved by that lease.
In practice these are likely to include rights to use common parts, rights of access for entry and maintenance, and rights for services and drains as set out in the lease.
See the lease documents for the exact scope and wording of these rights.
Public right of way through and/or across your house, buildings or land: No Not listed Not in a conservation area No tree preservation order in place Disclaimer Miller Town and Country and its clients give notice that; they have no authority to make or give any representations or warranties in relation to the property.
These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact. Any areas, measurements or distances are approximate.
The text, photographs and plans are for guidance only and are not necessarily comprehensive.
It should not be assumed that the property has all necessary planning, building regulation, or other consents, and Miller Town and Country has not tested any services, equipment, or facilities.
Purchasers must satisfy themselves by inspection or otherwise. Miller Town and Country is a member of The Property Ombudsman scheme and subscribes to "The Property Ombudsman Code of Practice.”
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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.
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