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See how verdicts work2-bedroom flat · TQ12 4BU
For saleReduced £3.5k (−2.2%) on 3 OctListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well presented purpose built two bedroom apartment, offering comfortable spaces, a Juliet balcony with views, and the convenience of allocated parking. To arrange a viewing, please quote CS1097.
Accessed via a communal entrance with stairs leading to the second floor, the apartment opens into an entrance hall with storage cupboard, a secure door entry intercom system, and doors leading to all main rooms.
The living space comprises an open-plan sitting room and kitchen/diner, designed for modern living with UPVC double glazed windows offering views across Newton Abbot and towards distant fields, and featuring double doors opening to a Juliet balcony.
The kitchen area is equipped with integrated appliances, including an oven, hob, extractor, integral fridge freezer and washer/dryer. There are two double bedrooms and a bathroom/WC.
Situated with excellent access to the A380 for Exeter/M5, this property also benefits from local amenities, supermarkets, schools and nearby Newton Abbot Train Station.
The accommodation comprises: Communal entrance with stairs to second floor. Door to: Entrance hall - 4.72m x 0.91m (15'6" x 3'0") Maximum measurements.
Pendant light points, hatch to loft space, smoke detector, radiator, storage cupboard, secure door entry intercom system, doors to: Open plan sitting room & kitchen/diner - 7.01m x 3.73m (23'0" x 12'3") Maximum measurements.
Sitting room Pendant light point, UPVC double glazed windows to sides and with views across Newton Abbot and towards distant fields, UPVC double doors opening to Juliet balcony, radiator with thermostat control, TV connection point, telephone point, storage cupboard.
Kitchen/diner Directional spotlights, wall mounted combination boiler.
Fitted kitchen comprising a range of base and drawer units with work surfaces over, inset 1.5 bowl sink and drainer with mixer tap over, inset four ring gas hob with extractor over, wall cabinets, integral fridge/freezer, integral washer/dryer.
Bedroom one - 3.91m x 3.05m (12'10" x 10'0") Maximum measurements. Pendant light point, UPVC double glazed window to front aspect, radiator with thermostat control.
Bedroom two - 3m x 3m (9'10" x 9'10") Pendant light point, UPVC double glazed window to front aspect, radiator.
Bathroom/WC - 2.06m x 1.63m (6'9" x 5'4") Light point, extractor fan, strip light and shaver socket.
Comprising panelled bath with twin hand grips and electric shower over, wall mounted wash hand basin with tiled splash back, WC, heated towel rail.
Useful information Tenure – leasehold 999 years from 01/04/2008 Service Charge - £1000 per annum Age - 2008 Heating - Gas central heating Drainage - Mains Windows - Double glazed Council Tax - Tax band B EPC Rating - B/81 potential - B/81
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About The Sand Martins,7, St. Marychurch Road, Newton Abbot
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