Property investment stats for Great Torrington, South West

• The area offers relatively affordable entry points, with the median sale price for a 3-bedroom house at £235,000 and a 2-bedroom flat at £119,500.
• Investors may find some negotiation power, given the median discount of £2,500 (the typical achieved discount) on achieved prices.
• The top postcode district rental yield of 3.3% provides a benchmark for potential rental returns, even if yields are not the highest nationally.

• The population skews older, with fewer younger adults and families, which could limit long-term rental demand and reduce the pool of buyers for certain property types.
• The annual sales figure of 73 and 47 days on the market suggest lower liquidity compared to more active markets.
• Recent price trends, with a 1-year capital growth of -2.0%, indicate the potential for softer short-term performance.

Looking ahead, Great Torrington’s property market is likely to remain steady but unspectacular. The area’s appeal to older owner-occupiers and couples will probably continue to shape demand, while affordability metrics such as the price-to-income ratio of 5.4 provide some support for future stability.

However, the limited presence of young professionals and families means there is unlikely to be a surge in demand from these groups. Investors should focus on value and negotiation, given the median discount of £2,500 (the typical achieved discount) and modest sales activity.

Rental yields, as indicated by the top postcode district rental yield of 3.3%, are not especially high, so capital growth rather than income may be the main driver for returns here. Patience and a focus on the town’s core demographic will be key for those looking to invest over the next year.