2-bedroom flat · TQ12 2JS
Listing removedListed 64 days · slow let
Opportunity summary
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About
A freshly renovated two-bedroom flat situated in the centre of Newton Abbot, offering modern and comfortable accommodation within easy reach of the town’s shops, cafés, restaurants and local amenities.
The property has recently undergone renovation, providing a fresh and contemporary living space ideal for a professional couple, small family or individual tenant.
The accommodation comprises two bedrooms, a comfortable living area, kitchen and bathroom.
The kitchen benefits from space for an under-counter fridge and plumbing for a washing machine, providing practical facilities for everyday living.
USEFUL INFORMATION Council Tax Band: A Council Tax Cost: £1675 (2026 / 2027) Heating: Electric Heating Internet & Mobile coverage available from uswitch.com Electricity, Water, Sewerage connected.
EPC Rating E No Wheel chair access Low flood risk The tenant is responsible for paying the bills (utilities are not included in the rent) Based on rent of £850 Holding deposit: £196 Deposit: £980 ROOMS & MEASUREMENTS FEES & DEPOSIT Holding Deposit: A holding deposit, equal to 1 weeks rent is payable at the start of the application.
Successful Applications - any holding deposit will be offset against the Initial Rent, with the agreement of the payee.
Fees, payable in accordance with the Tenant Fees Act 2019: - Default Fee for Late Payment of Rent Interest will be charged in line with the Bank of England's rate if a rent payment is more than 14 days overdue for each day the payment is outstanding.
- Replacement of Lost Keys/Security Device. The Tenant is liable for the cost of the replacement item.
- Change to the Tenancy Agreement A fee of £50 will be charged where the Tenant(s) requests a change to the Tenancy Agreement.
For example, but not limited to a change of sharer or permission to keep a pet in the Property or permission to add a Permitted Occupier.
- End a Tenancy Within the Initial Fixed Term The Tenant is liable to pay for any reasonable costs incurred by the Landlord should the Tenant(s) wish to end the Tenancy within the initial fixed term.
- Breach of Tenancy Agreement The Tenant is liable for any reasonable costs or damage suffered by the Landlord or Agent as a consequence of any breach of the Tenancy Agreement.
Deposit: A deposit equal to 5 weeks rent. The deposit and first months rent is payable once the references have been passed and before the tenancy begins.
PETS A small pet MAY be considered subject to a £20 per month rent surcharge.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
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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, TQ12
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