# 1 bedroom apartment for sale (EX38 8BT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 114A, NEW STREET, TORRINGTON, DEVON EX38 8BT |
| Price | £80,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: before 1900 |
| Floor area | 39 m² |
| Last sold | £80,000 Jan 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £458/year
- **Est. upgrade cost to C:** £15,000

### Recommendations
- Q (£4,000 - £14,000)
- W2 (£4,000 - £6,000)
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8700-5289-0422-4099-3693)

## Description

Positioned just a short walk from Great Torrington centre, New Street provides easy access to everything the town has to offer. From the pubs and Supermarket to the bus stop just down the road, this ground floor apartment ticks all the boxes for someone looking for low maintenance, easy living with plenty of amenities available. Ideal as a first purchase or investment opportunity.

Upon entering, an open plan kitchen/living space is found with a range of wall floor and drawer units with single drainer sink unit and space for a slot in electric cooker. A glazed door leads to an inner hall off which the 14ft bedroom is found as well as a stylish wet room with white suite.

Agent note: New lease of 999 years will be granted with a peppercorn rent.

From Torrington town square take the South Street exit until reaching the junction of New Street and Whites Lane.  Turn left into New Street and number 114a will be found on the right hand side prior to the entrance of Stonemans Lane with a Webbers For Sale board clearly displayed.

## Property Photos

- ![Picture No. 11](/listings/photos/109250261/203364) - Picture No. 11
- ![Picture No. 12](/listings/photos/109250261/203366) - Picture No. 12
- ![Picture No. 13](/listings/photos/109250261/203368) - Picture No. 13
- ![Picture No. 14](/listings/photos/109250261/203371) - Picture No. 14
- ![Picture No. 15](/listings/photos/109250261/203374) - Picture No. 15

## Floorplans

- ![Floorplan](/listings/photos/109250261/203377) - Floorplan

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 114A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £80,000 | 13/01/2022 | Flat |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| [Same street] 87A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £150,000 | 09/09/2024 | Terraced |
| [Same street] 79 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £170,000 | 07/09/2023 | Terraced |
| [Same street] 63 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £200,000 | 25/05/2023 | Detached |
| 1 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £162,500 | 06/03/2023 | Flat |
| [Same street] 87 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £85,000 | 31/03/2022 | Terraced |
| [Same street] 85A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £267,500 | 11/02/2022 | Other |
| 3 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £143,000 | 06/12/2021 | Flat |
| 2 LINDEN CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 7AL | £146,000 | 29/09/2021 | Flat |
| PENHALLAM 4 WARREN LANE, TORRINGTON, TORRIDGE, DEVON, EX38 8AG | £220,000 | 16/09/2021 | Flat |
| [Same street] 91 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £117,500 | 12/08/2021 | Terraced |

**Street average:** £165,000 (6 sales)
**Area average:** £167,875 (4 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £180,000 (2 Flat, EX38, 2024–2026)
- **Deviation:** -55.6%

## Rental Range

*ONS Price Index of Private Rents (Torridge). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £708/mo
- **Realistic:** £787/mo
- **Optimistic:** £866/mo

## 1% Rule

- **Rent ratio:** 0.98% (okay)
- **Max investor price (0.8%):** £98,375
- **Target investor price (1%):** £78,700

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,051/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **10y growth:** 41.2%

## House Price Index (HM Land Registry)

*Official index for Torridge; Flats and maisonettes series; as of March 2026.*

- **1y growth (index):** -5.1%
- **5y growth (index):** 4.4%
- **10y growth (index):** 18.7%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)