2-bedroom terraced house · EX38 8BS
Listing removedListed 190 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
What a surprise awaits behind the front door of this Grade II listed terrace property.
Walking in one is immediately struck by the ‘homely’ feel that emanates from the open plan sitting room/kitchen/diner.
There is a clever use of the same flooring throughout downstairs which is a vinyl wood plank effect giving this a period feel.
Within the sitting room is a feature fireplace with a fitted gas coal effect stove.
Stepping into the kitchen/diner you are greeted by an extensive range of wall floor and drawer units on one side with associated work surfacing, integrated fridge and a slot in cooker with extractor and light above.
The single drainer sink is found adjacent to the rear stable door leading into the garden with the fabulous garden room at the end.
Also found within the kitchen is a deep under stair cupboard providing space for a freezer and further cupboard which houses the gas fired boiler and shelving.
The stairs open up onto a landing with the main bedroom being found at the front of the property having a full height shelved recess in one corner.
The second bedroom overlooks the rear garden and has a bank of cupboards along one wall with mirror fronted doors with a further cupboard with pine door being adjacent and in one corner a wash hand basin.
From this bedroom is access to the loft via a foldaway ladder. The sun trap rear courtyard garden has been created with ease in mind being in it is hard to believe you are within the town.
Predominantly laid to artificial turf there is some established planting and the current vendors have filled it with planted pots to create a fabulous area in which to sit and relax or entertain.
What is a great surprise is the garden room on one boundary which is set up as a family/sitting room with power, light and a contemporary electric fire set in.
this would also make an ideal home office. Agents Note. There is a shared access with the neighbour via a door betwixt the two properties that gives rear access.
Leave Webbers Torrington office and turn right onto South Street. Continue around the corner into Halsdon Terrace and at the T-junction with New Street.
Turn left and the property can found on the left with the door number clearly displayed.
///indicate.mows.courage Sitting Room 3.6m x 3.18m Kitchen/Diner 3.28m x 2.6m Bedroom 3.07m x 2.51m Bedroom 3.63m x 2.87m Shower Room Garden Room 3.33m x 2.67m Services All mains services connected Viewing Arrangements Strictly by appointment with the selling agent Tenure Freehold Council Tax Band A EPC TBC
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 New Street, Torrington, Devon, EX38
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