1-bedroom property · EX2 7ED
Under offerReduced £5k (−7.7%) on 30 JunListed 278 days
Opportunity summary
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About
A spacious 1-bedroom park home with A sunny wrap around garden in the heart of the ever-popular newport park. Good order throughout, A large lounge and no onward chain.
Situation At Newport Park there is a strong community spirit a neighbourly caring without being obtrusive.
Nestling in the gentle curve of the river Exe that winds its way through the valleys of the beautiful Devon countryside is Newport Park a permanent residential park for the retired or semi-retired.
All occupants must be over 50. Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary.
The town is steeped in history and famed for its ship-building past and the Dutch architecture found in the older part of the town and in particular The Strand.
With easy commuting and access to the M5, only a 5 minute drive away, Topsham is also well served by rail.
The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St Davids, connecting it to the national network. Exeter airport is some 5 miles away.
Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctors surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants.
It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve. Entrance porch leading into the fitted kitchen with an outlook to the side garden.
To the rear is a double bedroom with views towards the estuary and door to the garden. Large lounge diner at the front with outlook to both sides and the front. Shower room.
The property could make a lovely home for a single person or couple. It is in good order throughout. Please contact our office to arrange a viewing or for further information.
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 3, Eastern Avenue, Newport Park
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