# 2 bedroom terraced house for sale (EX38 8BT) ## Property Details | Key | Value | |-----|-------| | Address | 71 NEW STREET, TORRINGTON, TORRINGTON, DEVON EX38 8BT | | Price | £109,995 | | Bedrooms | 2 | | Last sold | £115,000 Nov 2008 | ## Description New Street forms part of the main route leading through the small Market Town of Torrington in North Devon. The Town offers a good range of day to day shops, choice of Schools, Leisure facilities including Golf Course, Swimming Pool and attractive walks along the Commons and banks of the River Torridge. It lies 10 miles in land from the Coastal Resort of Westward Ho! famed for its sandy beach and adjoining Golf Course. Bideford the Market Town and Port is 7 miles away and Barnstaple, the areas major regional centre, is 10 miles away. 71 New Street is a most deceptive terraced town house offering 2 reception rooms, a modern well fitted kitchen, 2 bedrooms and a well appointed modern bathroom. It offers an ideal opportunity for a young family or investor. The house has the benefit of gas central heating and PVCu double glazing. The rear garden has been laid out as a courtyard for easy maintenance. There is a pedestrian access leading around from the courtyard in to New Street. Competitively priced to ensure an early sale with the prospect of immediate completion early viewing is therefore advised. Directions To Find: As you enter Torrington from Bideford on the A386 road this leads directly in to New Street. As you proceed along the Street No.71 will be found on the right just beyond the turning down left in to Stonemans Lane. It is within a few minutes easy level walk to the Town Centre and Square. The well-recommended accommodation briefly comprises (with all measurements being approximate): PVCu Double Glazed ENTRANCE DOOR Into: LOUNGE: 13' 4 x 11' 9 (4.06m x 3.58m) With PVCu double glazing, telephone point, radiator, coved ceiling, fitted smoke alarm and door into: DINING ROOM: 13' 6 x 8' 7 (4.11m x 2.62m) PVCu double glazing, understairs storage cupboard, radiator, staircase to first floor and door into: KITCHEN: 12' 2 x 7' 4 (3.71m x 2.24m) Being part tiled and well equipped with inset 1� bowl sink unit with mixer tap, fitted worktops with cupboards and drawers under, matching wall cupboards, PVCu double glazing including PVCu double glazed door to rear garden, wall mounted Baxi gas combination boiler providing instantaneous hot water and central heating, plumbing for automatic washing machine and dishwasher. FIRST FLOOR: LANDING: With fitted smoke alarm, access to roof space. BEDROOM 1 (Front): 13' 6 x 9' 2 maximum (4.11m x 2.79m) With radiator, PVCu double glazing, coved ceiling, access to roof space. BEDROOM 2 (Rear): 12' 0 x 7' 0 (3.66m x 2.13m) With radiator, PVCu double glazing. BATHROOM: Being extensively tiled and well appointed with modern white suite comprising panelled bath with electric shower unit over, fitted shower rail, pedestal wash basin, low level WC, radiator, PVCu double glazing, 2 wall mirrors, fitted towel rail. OUTSIDE: The property fronts directly on to New Street while at the rear the garden has been laid out as a courtyard style garden for easy maintenance with paved patio areas. Garden shed and rear pedestrian access. SERVICES: All mains services connected. Gas central heating. COUNCIL TAX: Band A ## Property Photos - ![Photo](/listings/photos/24633344/203581) - ![Photo](/listings/photos/24633344/203584) - ![Photo](/listings/photos/24633344/203586) ## Floorplans - ![Floorplan 1](/listings/photos/24633344/203589) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 71 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £115,000 | 14/11/2008 | Terraced | | 71 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £76,250 | 24/07/2002 | Terraced | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 2 SCHOOL LANE, TORRINGTON, TORRIDGE, DEVON, EX38 7AJ | £220,000 | 17/12/2025 | Terraced | | 176 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BX | £220,000 | 05/12/2025 | Terraced | | 99 MILL STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8AN | £165,000 | 18/09/2025 | Terraced | | 49 MILL STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8AL | £175,000 | 28/07/2025 | Terraced | | [Same street] 87A NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £150,000 | 09/09/2024 | Terraced | | 6 TAVERN MEWS, TORRINGTON, TORRIDGE, DEVON, EX38 8HN | £185,000 | 11/12/2023 | 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 | | 143 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BU | £217,000 | 20/12/2022 | Terraced | | 35 TOWN PARK, TORRINGTON, TORRIDGE, DEVON, EX38 7AH | £300,000 | 09/12/2022 | Terraced | | 45 MILL STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8AL | £260,000 | 09/12/2022 | Terraced | | 147 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BU | £250,000 | 15/11/2022 | Terraced | | 3 RACK PARK CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 8AH | £210,000 | 28/10/2022 | Terraced | | 50 TOWN PARK, TORRINGTON, TORRIDGE, DEVON, EX38 7AH | £225,000 | 31/08/2022 | Terraced | | 9 LOUISE TERRACE, TORRINGTON, TORRIDGE, DEVON, EX38 8DB | £230,000 | 30/08/2022 | Terraced | | KEMPTON HOUSE WHITES LANE, TORRINGTON, TORRIDGE, DEVON, EX38 8DS | £90,000 | 26/07/2022 | Terraced | | 18 ALEXANDER PARK, TORRINGTON, TORRIDGE, DEVON, EX38 7BZ | £270,000 | 20/07/2022 | Terraced | | 161 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BX | £295,000 | 19/07/2022 | Terraced | | 63 MILL STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8AL | £320,000 | 19/07/2022 | Terraced | | 30 RACK PARK CLOSE, TORRINGTON, TORRIDGE, DEVON, EX38 8AH | £370,000 | 27/06/2022 | Terraced | | 9 ALEXANDER PARK, TORRINGTON, TORRIDGE, DEVON, EX38 7BZ | £230,000 | 23/05/2022 | Terraced | | 1 TAVERN MEWS, TORRINGTON, TORRIDGE, DEVON, EX38 8HN | £170,000 | 23/05/2022 | Terraced | | 19 ALEXANDER PARK, TORRINGTON, TORRIDGE, DEVON, EX38 7BZ | £260,000 | 13/05/2022 | Terraced | | [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 | | [Same street] 91 NEW STREET, TORRINGTON, TORRIDGE, DEVON, EX38 8BT | £117,500 | 12/08/2021 | Terraced | **Street average:** £152,857 (7 sales) **Area average:** £233,100 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £198,711 (19 Terraced, EX38, 2024–2026) - **Deviation:** -44.6% ## 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 ## Rental Comparables *Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.* | Title | Rent | Beds | Distance | As seen on | |------|------|------|------|------| | 2 Bed Terraced House, New St, EX38 | £800/mo | 2 | 0.01 miles | OpenRent | **Average rent: £800/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.73% (weak for cashflow) - **Max investor price (0.8%):** £100,000 - **Target investor price (1%):** £80,000 *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 OpenRent comparables.* ## Rent-driven metrics *Based on OpenRent comparables (median £800/mo).* - **Gross yield:** 8.7% - **Cost-to-rent:** 11.5× - **Monthly cashflow:** £262/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 9.8% *Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 12.8% - **10y growth:** 50.2% ## House Price Index (HM Land Registry) *Official index for Torridge; Terraced series; as of March 2026.* - **1y growth (index):** -0.7% - **5y growth (index):** 16.2% - **10y growth (index):** 35% ## 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)