2-bedroom terraced house · TQ12 5RQ
For saleReduced £50k (−21.7%) on 16 OctListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
In a tucked away village position, this well-presented two-bedroom home offers comfortable living with a semi rural feel and benefits from allocated parking and communal gardens.
To arrange a viewing, when calling, please quote CS1097. On the ground floor, an entrance porch leads directly into the kitchen/diner and also the spacious sitting room.
The first-floor landing provides access to two bedrooms.
The principal bedroom is particularly generous, offering two built-in wardrobes and an additional storage cupboard, along with pleasant front aspect views.
A contemporary shower room, complete with a walk-in shower and a Velux window, serves both bedrooms.
Outside are well maintained communal gardens along with the convenience of allocated parking and additional visitor spaces.
In internal inspection of this superb home is recommended in order to appreciate the tucked away yet convenient location on the edge of the sought after village of Ipplepen.
The accommodation comprises, Canopied entrance with light point and UPVC obscure glazed door to: Entrance porch - 1.37m x 1.02m (4'6" x 3'4") Coved and textured ceiling with light point, door to sitting room, archway to: Kitchen/diner - 4.93m x 3.07m (16'2" x 10'1") Maximum measurements.
Coved and textured ceiling with inset spotlights, wall light point, UPVC double glazed window to front aspect, radiator.
Fitted kitchen comprising a range of base and drawer units with roll edged work surfaces over, inset sink and drainer with mixer tap over, inset four ring gas hob with extractor over, tiled surrounds, matching wall cabinets, built in eye level double electric oven, integral fridge and freezer, space and plumbing for washing machine, cupboard housing the boiler.
Sitting room - 4.93m x 4.57m (16'2" x 15'0") Coved and textured ceiling with wall light points, UPVC double glazed windows to front aspect, radiators with thermostat control, feature fireplace, stairs with handrail to first floor, TV connection point.
First floor landing Coved and textured ceiling with light point, smoke detector, hatch to loft space, doors to: Bedroom one - 4.6m x 4.14m (15'1" x 13'7") Maximum measurements.
Coved and textured ceiling with light point, UPVC double glazed windows to front aspect, radiators with thermostat control, two built in double wardrobes and further storage cupboard.
Bedroom two - 2.57m x 2.08m (8'5" x 6'10") Coved and textured ceiling with light point, UPVC double glazed window to front aspect, radiator with thermostat control, dado rails.
Shower room/WC - 2.57m x 2.08m (8'5" x 6'10") Coved and textured ceiling with light point, Velux window, extractor fan, heated towel rail.
Comprising shower cubicle with mains fed shower and sliding door, pedestal wash hand basin, WC. Outside Outside is a well maintained communal garden, allocated parking and visitors parking.
Useful information Tenure – Freehold Age - Converted 1990 Heating - Gas central heating Drainage - Mains Windows - Double glazed Council Tax - Tax band C EPC Rating - To confirmed Broadband - 1000 Mobile - Signal strength (0-4) EE: 0, Three: 0, O2: 3, Vodafone: 3
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 Elliott Court,2, North Street, Newton Abbot
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