2-bedroom maisonette · TQ12 2ET
For saleReduced £10k (−7.1%) on 20 JunListed 268 days
Opportunity summary
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About
Summary A centrally located two bedroom freehold maisonette offered with no onward chain, providing an excellent opportunity for investors or first-time buyers alike.
Positioned in the heart of Newton Abbot, just moments from the train station and local amenities, with potential for a tenant in situ.
Description Situated in the very heart of Newton Abbot, this well-presented two bedroom freehold maisonette offers a superb opportunity for both investors and owner-occupiers.
Offered to the market with no onward chain and potential for a tenant in situ, the property represents an attractive and ready made investment, while also appealing to buyers seeking convenient town centre living.
The accommodation is arranged over two floors and is accessed via a private entrance from Queen Street.
The ground floor comprises an entrance hall and a useful utility area, providing practical storage and functionality.
To the first floor, the property opens into a bright and spacious open-plan kitchen/lounge/dining room, offering a versatile living space with ample room for both relaxation and entertaining.
The kitchen is fitted with a range of units and work surfaces, complemented by neutral finishes throughout.
The maisonette further benefits from two well-proportioned bedrooms, both offering flexibility for use as sleeping accommodation, home office space or guest rooms.
A modern bathroom completes the accommodation.
Externally, the property enjoys a prime town centre position, with Newton Abbot's shops, cafés, restaurants and leisure facilities all within easy walking distance.
Newton Abbot train station is also close by, providing excellent transport links to Exeter, Plymouth and beyond.
Front Of The Property Entrance Hallway Double glazed window to the front of the property, stairs to the first floor, gas central heating boiler and a wall mounted radiator.
Utility 6' 10" x 6' 3" ( 2.08m x 1.91m ) Base units, fitted shelves, one bowl stainless steel sink/drainer, plumbing for washing machine, space for tumble dryer. First Floor Storage cupboard.
Kitchen/Lounge/Diner 15' 6" x 11' 3" ( 4.72m x 3.43m ) Two double glazed windows to the side of the property, base units, one and a half bowl composite sink/drainer, space for freestanding oven, part tiled and a wall mounted radiator.
Bedroom One 11' 3" x 7' 1" ( 3.43m x 2.16m ) Two double glazed windows to the front of the property, loft hatch and wall mounted radiator.
Bedroom Two 13' 5" x 6' 10" ( 4.09m x 2.08m ) Double glazed window to the front of the property and a wall mounted radiator.
Bathroom Obscure double glazed window to the front of the property, bath with shower over and glass screen, WC, wash hand basin, part tiled and a wall mounted radiator.
Agents Note Service Charge - £125 per year Buildings Insurance Premium - £250 per year 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
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FAQ
About Rear Of, 82, Queen Street, Newton Abbot
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