Modern Method of Auction
Auction date not yet published
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 work2-bedroom house · TQ12 1QA
For saleReduced £20k (−10.8%) on 8 OctListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Character Cottage in Sought-After Highweek Village Offered to the market chain free, this delightful two-bedroom cottage combines character features with generous living space and a wonderful village setting, all within easy reach of Newton Abbot town centre, local amenities and transport links.
Stepping inside, the property welcomes you with a wealth of charm and period character throughout.
The spacious kitchen/breakfast room forms the heart of the home, offering ample space for dining and everyday family life, complemented by attractive exposed stonework, timber beams and plentiful natural light.
The accommodation benefits from two versatile reception rooms, providing flexibility for modern living.
A separate dining room could easily be utilised as a home office, whilst the impressive lounge offers a cosy yet spacious environment, complete with a feature log burner and French doors opening onto the rear garden.
Practicality is further enhanced by a useful utility room, while upstairs the property offers two well-proportioned bedrooms and a family bathroom.
Outside, the enclosed south-facing garden provides a private and peaceful area, enjoying a patio seating area, lawn, mature apple trees and useful space for outdoor storage.
It is an ideal setting for entertaining, gardening or simply relaxing in the sunshine.
Situated in the highly regarded village of Highweek, this charming home enjoys a semi-rural feel whilst remaining conveniently close to Newton Abbot's shops, schools and commuter links.
A wonderful opportunity for first-time buyers, downsizers or those seeking a character home in a desirable location.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the `Reservation Period`).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £ 349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.50% of the purchase price including VAT, subject to a minimum of £ 6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £ 450.00.
These services are optional.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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.
Area
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FAQ
About 29, Highweek Village, Devon
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