We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work4-bedroom property · EX38 8EZ
Listing removedReduced £7k (−2%) on 21 JunListed 403 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s can secure this property with a Home For Life from Homewise Through the Home for Life Plan from Homewise, those aged 60 or over can purchase a Lifetime Lease and a share of the property value to safeguard for the future.
The cost to purchase the Lifetime Lease is always less than the full market value. Over-60s customers typically save between from 20% To 50%*.
Home for Life Plan guide price for Over-60s The Lifetime Lease price for this property is £351,750 based on an average saving of 33%.
Market Value Price: £525,000 The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard.
The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the Homewise website.
Please call for more information or a personalised quote Please note: Homewise do not own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full market value of £525,000, please contact the estate agent Webbers.
Property description We are delighted to bring to market this spacious and beautifully presented double-fronted Grade II listed property, just a short walk from the centre of Great Torrington.
This elegant period home is rich in character and history, yet has been thoughtfully modernised to create a superb balance between old and new.
The property retains many original features, most notably the Edwardian tiled flooring in the entrance hallway, high ceilings and picture rails.
To the front of the house are two generous reception rooms. One features a bay sash window with wooden shutters and a gas fireplace set within a period surround.
The other enjoys a sash window to the front elevation, ceiling coving, wooden shutters, and a second attractive fireplace. A third reception room, currently used as a study, overlooks the rear garden.
To the rear, the house opens out into an impressive 31-foot kitchen and dining space.
This beautifully extended room offers both practicality and style, with a well-appointed kitchen fitted with matching wall and base units, integrated appliances, a gas hob, built-in oven and a Belfast sink overlooking the garden.
The dining area benefits from a breakfast bar and large bifold doors that open directly onto the garden, creating a wonderful sense of space and connection between inside and out ?
Ideal for entertaining or family life. An inner lobby provides further access to the garden, alongside a useful cloakroom and separate utility room.
Upstairs, four double bedrooms are arranged over a split-level landing. A beautiful stained-glass window frames views across the garden and towards the surrounding countryside.
The principal bedroom is particularly spacious and enjoys a peaceful outlook over the garden through a wide bay window.
This room also benefits from a fitted dressing area with built-in wardrobes, which leads to a contemporary ensuite with walk-in shower, vanity basin, WC and roof light.
The remaining bedrooms are all generous doubles with large windows that fill the rooms with natural light.
They are served by a stylishly refurbished family bathroom, featuring a freestanding bath, double walk-in shower, sink with illuminated mirror above, and original sash windows.
The rear garden is a real highlight. Landscaped to create a private and sunny retreat, it offers a blend of gravel pathways, lawned areas and paved terraces.
Directly off the kitchen is a stone-paved patio with built-in seating, perfect for summer gatherings.
Further down the garden you'll find a second seating area, a stone outbuilding, wooden storage shed, and a mature planting scheme with shrubs, trees and flowering borders.
At the end of the garden is a gently sloping path leading to the garage and driveway, with gated access to the nearby Health Centre car park.
The garage also includes a personal door for added convenience.
This handsome home has been cared for and updated with great attention to detail and offers a rare opportunity to own a characterful and substantial property in the heart of Great Torrington.
Early viewing is highly recommended. The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents.
All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed.
Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About Milton House Castle Street, Torrington Devon, Devon
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