# 1 bedroom apartment for sale (EX38 8BT)

## Property Details

| Key | Value |
|-----|-------|
| Address | 114B, NEW STREET, TORRINGTON, DEVON EX38 8BT |
| Price | £70,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £70,000 May 2019 |

## Description

Offered for sale with the benefit of no on-going chain is this 1 double bedroom flat situated within a level walk to the town centre of Great Torrington and 365 acres of common land.  

Entrance into the open plan kitchen / sitting room fitted with a range of modern wall and base units with an inset stainless steel sink, space for a free standing electric cooker with hob, fridge freezer and plumbing for a washing machine.   

An inner hall leads to the recently fitted shower room fitted with a modern white 3 piece suite comprising on a low level w.c, wash hand basin and a shower cubicle with splashback. There is also an airing cupboard off the hallway.  

To the far end is the double bedroom with a window to the rear elevation, having recycle bins attached to, to save carrying through the house.

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 114b 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. 01](/listings/photos/75753896/203429) - Picture No. 01
- ![Picture No. 04](/listings/photos/75753896/203435) - Picture No. 04
- ![Picture No. 02](/listings/photos/75753896/203442) - Picture No. 02
- ![Picture No. 03](/listings/photos/75753896/203447) - Picture No. 03
- ![Picture No. 05](/listings/photos/75753896/203449) - Picture No. 05

## Floorplans

- ![Floorplan](/listings/photos/75753896/203450) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/75753896/203452) - EPC Rating Graph

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 114B NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £70,000 | 02/05/2019 | 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 |
| [Same street] 114A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £80,000 | 13/01/2022 | Flat |
| 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:** £152,857 (7 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:** -61.1%

## 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:** 1.12% (strong)
- **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.*

## 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)