2-bedroom flat · TQ13 7QG
No longer listedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Thornings is located at the far end of North Street, away from the hustle and bustle of the town centre, yet within a convenient level walk of amenities.
Ashburton lies on the southern boundary of Dartmoor National Park and just off the A38 for Exeter and Plymouth.
Flat 5 is a ground floor flat which forms part of a purpose-built building with just four other flats. The accommodation includes two bedrooms, living room, kitchen and bathroom.
There is double glazing and the benefit of off-road parking which is a rare find for a centrally located property in this price range.
The flat is offered for sale with no onward chain and would be a suitable buy-to-let investment or a great first home.
Council Tax Band: Band A at the time of preparing these particulars (Teignbridge District Council) Holding Deposit: £175 Communal Entrance Intercom entrance system.
Doors at the front and rear of the building to the communal entrance. Private entrance door to Hall L-shaped. Electric night storage heater.
Deep storage cupboard also housing hot water cylinder. Living Room 13' x 10'2'' narrowing to 9'7'' by the entrance door. Double glazed window to front aspect. Electric night storage heater.
Kitchen 10' x 6'5'' fitted with a range of wood finish floor and wall units with contrasting dark work tops. Stainless steel sink unit. Oven with hob and filter hood over. Breakfast bar area.
Plumbing for washing machine and space for fridge freezer. Double glazed window to side aspect. Bedroom 1 10' x 9'8'' Double glazed window to front aspect. Built-in wardrobe.
Bedroom 2 9'9'' x 6'4'' overall. Double glazed window to rear aspect. Bathroom White suite of bath with electric shower over, wash basin and WC. Partly tiled walls. Electric towel rail.
Double glazed patterned window. Outside Parking space.
Directions From the centre of Ashburton, proceed along North Street and The Thornings will be found towards the end of the road on the right.
Broadband/Mobile Phone Coverage/Suppliers Broadband and mobile phone services are available at this address. However, Howard Douglas is unable to verify or recommend specific providers.
Please visit Ofcom Checker for Suppliers/Speeds/Coverage etc.
Letting Information To Let - Unfurnished Rent - £775 pcm Holding deposit – 1 weeks rent £175 Damage Deposit - 5 weeks rent £890 Available - Early November Strictly No Smokers Please Utilities Mains Services Include: Electric Water Tenancy Fees When You Apply For A Tenancy In order to secure this property you will be required to pay a holding deposit of £100.00 including VAT (or a sum equivalent to one week’s rent, whichever is the greater).
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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
We're still gathering serviced-accommodation data for this area.
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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 North Street, Ashburton
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