2-bedroom flat · TQ12 2JX
Sold STCListed 132 days
Opportunity summary
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About
A spacious first-floor, two-bedroom apartment which provides a fantastic first-time purchase or rental investment opportunity, located in the heart of Newton Abbot and being sold with no onward chain.The accommodation begins with the entrance hallway, with access to a useful storage cupboard with shelving and a meter cupboard.
A door provides access to a very spacious living/dining room, which features high ceilings and large sash windows to the front.
Next to this is the kitchen/breakfast room, which features a matching range of wall and base-level units, a stainless steel mixer tap with sink and drainer, a built-in oven with ceramic hob and extractor hood with light above, and space for a fridge/freezer and washing machine.
There is wood-effect flooring and a wall-mounted combination boiler.Continuing through the entrance hallway, you have access to the two double bedrooms, both of which feature large windows to either the front or rear.
The master bedroom has built-in storage.Completing the accommodation is the shower room, comprising a low-level flush WC, pedestal wash hand basin, and a mains-fed shower.Kitchen 10' 6" (3.2m) x 8' 10" (2.7m)Lounge / Diner 18' 4" (5.6m) x 7' 7" (2.3m)Bedroom 1 12' 10" (3.9m) x 10' 10" (3.3m)Bedroom 2 10' 6" (3.2m) x 8' 2" (2.5m)Bathroom 8' 2" (2.5m) x 5' 7" (1.7mAgents NotesCouncil Tax Band: Band BLease 115 years remainingBuilding Insurance Approx £100 per annumGround Rent Approx £100 per annumMaintenance ¼ share of exterior
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.
Area
Agent & docs

FAQ
About Union Street, Newton Abbot
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