3-bedroom detached house · TQ12 2PP
For saleListed 25 days
Opportunity summary
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About
Situated in the highly sought-after Knowles Hill area, this detached two-storey dwelling comprises two purpose-built apartments, offering a superb investment opportunity or flexible home and income living arrangements.
The property features a one-bedroom and a two-bedroom apartment, each with its own private entrance, ensuring privacy and convenience for residents or tenants.
The first-floor apartment enjoys far-reaching open views, creating a light and airy atmosphere, while both units benefit from thoughtfully designed layouts tailored for modern living.
The interiors are well maintained, with each apartment featuring comfortable living spaces, separate utilities, and practical room configurations suited to a variety of lifestyles.
The location is particularly appealing, with the property positioned within easy reach of the town centre and its array of shops, eateries, and essential services.
Residents will appreciate the close proximity to local amenities, as well as excellent transport links that facilitate straightforward commuting and connectivity to wider destinations.
The Knowles Hill community is well regarded for its welcoming atmosphere and established neighbourhood feel, making it an ideal setting for both owner-occupiers and those seeking reliable rental income.
On the ground floor, the one-bedroom apartment offers a spacious living room, a well-proportioned bedroom, a modern kitchen, and a neatly appointed bathroom.
The layout is designed to maximise comfort and functionality, providing an inviting home environment.
The first-floor two-bedroom apartment features a generous living area that takes full advantage of the open views, a bright and practical kitchen, two comfortable bedrooms, the principal with an enclosed balcony off enjoying the far reaching views and a contemporary bathroom, all arranged to ensure an easy flow between spaces.
Both apartments are equipped with separate utility connections, allowing for independent management of services and further enhancing their appeal as individual dwellings.
Parking arrangements are particularly convenient, with a private driveway providing off-road parking for 2 vehicles, complemented by a secure garage for the first floor apartment with electric roller door, door to the rear garden and internal door to the apartments entrance hallway providing additional storage or sheltered parking.
When you think of apartments, you often assume you will have to compromise on a garden, but that is not the case in this instance!
Each apartment benefits from its own private south-facing rear garden with convenient, separate side access.
The garden for the ground floor apartment is predominantly laid to lawn for easy maintenance.
The garden for the first floor apartment is well-established and has received a great deal of attention over the years, with perennials, greenhouse, pergola, vegetable patch and paved patio area for alfresco dining in the sunshine.
Agent's notes Council Tax: Currently Band A (ground floor) and Band B (first floor) Tenure: Freehold Mains water. Mains drainage. Mains gas. Mains electricity.
EPC Rating: E Garden Enclosed garden to the rear for use of the ground floor flat, mainly laid to lawn with side access and paved path.
Garden Enclosed Garden to the rear of the property for use by the top flat. Parking - Driveway Parking - Garage Disclaimer Information provided is for guidance only and is non-contractual.
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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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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 advisors before making any investment decisions.
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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 37a&b, Knowles Hill Road, Newton Abbot
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