6-bedroom house · TQ12 2HN
For saleListed 100 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with two separate titles, the property is currently arranged as two self-contained apartments with their own entrances and central heating systems.
A cellar/basement with internal staircase from the ground floor and external access door at the rear has excellent head height and has potential for conversion to further accommodation with planning permission granted in 2005 which has lapsed and would need to be reapplied for.
The building could also be reinstated as one large house if required and subject to obtaining all consents and approvals.
Exclusive Devon Square was commissioned by the 11th Earl of Devon William Courtenay as a high-quality residential area to accommodate the population boom following the arrival of the Great Western Railway in 1846.
Designed by William John Rowell for the Earl and featuring Italianate-style terraced houses the project was finished around 1862.
Devon square surrounds St Pauls Church and its grounds which was constructed around 1861.
Within a stones throw and bearing the 11th Earls name is picturesque Courtenay Park with its band stand and wide expanse of green space and mature trees with the towns mainline railway station on the opposite side.
Devon Square is situated on the edge of the towns vibrant and well served town centre with its wide selection of shops, businesses, restaurants, bars and coffee shops.
Internally the accommodation in the main is light and airy with high ceilinged rooms typical of its period.
Particularly to the ground floor some lovely original features such as ornate coving and window shutters have been retained.
The property has modest yet usable gardens, privately enclosed by natural green boundaries on all 3 sides.
The location operates an on-road parking permit scheme through the local authority and at the rear boundary of the plot is a detached garage.
Agent’s notes The property is currently arranged as two individual apartments with separate entrances kitchens and bathrooms. These are on separate freehold titles.
The conversion is historic and therefore no planning permission or building regulation consent is visible on the local authority website.
We are not currently offering the apartments for sale separately. The current set up means that standard residential mortgage finance is unlikely to be available on this property.
This makes it most suitable for cash buyers or those with access to specialist finance. Council Tax: Both apartments currently listed separately as band C. Tenure: Freehold. Mains water. Mains gas.
Mains drainage. Mains electricity. Part of the property is currently tenanted and a sale cannot complete until the tenant has vacated.
EPC Rating: D Disclaimer Information provided is for guidance only and is non-contractual. Although every effort is made to ensure accuracy, on occasion we rely on information from third parties.
Where works have been carried out more than 15 years ago, it is unlikely that planning permission and building regulations documents will be available, as local authorities often only retain records for a limited time.
You should also be aware that it is unlikely that works completed historically will comply with today’s building regulations.
On agreeing to buy a property you should have it fully surveyed and ensure that your legal adviser follows up on any points raised by your surveyor.
Your solicitor should confirm what’s included in the sale, and you should arrange tests on all appliances and equipment you are buying.
Your legal adviser should check that all relevant permissions and certificates are in place.
When documents are not available, for instance because documents are no longer retained by a local authority, or the company which carried out works is no longer trading, you should take advice from your solicitor on this.
This is a common situation but it’s important to understand the implications. Room sizes ± 0.1m. We reserve the right to offer clients additional services.
These might include financial and legal services, removals, surveying amongst others. In some instances, we are paid for introductions to third parties.
The maximum amounts that we currently receive are £150.00 per transaction from solicitors and 30% of income generated by financial advisers.
To ensure compliance with hmrc Anti Money Laundering and Source funds regulation we use Smart Compliance.
Purchasers and those providing funds towards a purchase are required to complete these compliance process for which there is a £75.00 charge.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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FAQ
About 8 Devon Square, Newton Abbot
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