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See how verdicts work1-bedroom flat · TQ12 1FD
For saleReduced £5k (−6.7%) on 2 OctListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ground floor over 60's retirement flat in great condition at Milton House, Newton Abbot. The property is offered to the market with no onward chain.
Description A well-presented one-bedroom ground floor retirement flat, ideally situated close to Newton Abbot Town Centre and available exclusively for residents aged 60 and over.
The property benefits from a modernised kitchen and a stylish walk-in shower room, offering comfortable and practical living throughout.
A spacious hallway provides access to all rooms and features a large storage cupboard, ideal for keeping the home neatly organised.
Residents can also enjoy access to a welcoming communal lounge, where a variety of social activities are regularly held, providing a great opportunity to meet and connect with fellow residents in a friendly and supportive environment.
This property offers a perfect blend of independence and community living in a convenient and desirable location.
Material Information What3Words: ///cracks.fresh.cattle Exclusively for residents aged 60 and over Leasehold Maintenance Charge £222.69pcm Service Charge: £219.98 twice annually (March and September) Water rates included Length of Lease: 61 Years remaining Mains Services: Electric, Water, Drainage Current Energy Bills Approx: £52pcm Teignbridge Council Council Tax Band - B Mining - Metalliferous Mine Search Required
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
Agent & docs
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FAQ
About Flat 6, Milton House,, Church Road, Devon
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