1-bedroom flat · TQ12 1UA
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
As you arrive at this well-presented ground floor apartment, it benefits from an allocated parking space along with a secure communal entrance.
Upon entering, the property opens into a bright and spacious open-plan living area, offering ample room for both lounge and dining furniture.
The space is filled with natural light, creating a welcoming and comfortable environment ideal for relaxing or entertaining.
The kitchen is well appointed with a range of wall and base units with work surfaces over, featuring an integrated four-ring gas hob with electric oven, plumbing for a washing machine, and space for a freestanding fridge/freezer.
There is also room for a dining table and chairs, making it a sociable and practical layout.
The bedroom is well proportioned and enjoys plenty of natural light, offering a peaceful space ready to be personalised.
Completing the accommodation is a bathroom comprising a bath, low-level WC and wash hand basin. The property further benefits from double glazing throughout and gas central heating.
Betony Drive in Newton Abbot is a modern and popular residential area.
It is conveniently located within easy reach of local shops, schools and everyday amenities, as well as benefiting from excellent transport links, including access to the A38 for routes to Exeter, Plymouth, Torquay and beyond.
Guide Price £135,000 - £145,000.
Council Tax Band: A (Teignbridge District Council) Tenure: Leasehold (119 years) Ground Rent: £125 per year Service Charge: £1,200 per year Restrictions: Lease restrictions, Holiday home rental In relation to pets the lease states: Not to keep any animal on the property without the prior written consent of the Landlord or the Management Company.
To comply with such directions as the Landlord or the Management Company may from time to time issue regarding the keeping of any animal on the property and to ensure that such animal shall not cause any nuisance or disturbance or foul the common parts.
Please note *** Draft details and subject to change *** Mortgages iMove Estate Agents work in partnership with Larkspur Financial.
Should you require a mortgage or professional advice, please let us know and we will be pleased to introduce you to their team, who can help explore the most suitable options for you.
Value & comps
No previous sales on record.
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 asking
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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 Betony Drive, Newton Abbot, TQ12
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