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See how verdicts work1-bedroom flat · TQ12 1FD
For saleListed 46 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Over 60s retirement apartment near the town centre of Newton Abbot. Offered to the market with no onward chain.
Description A well-presented one-bedroom second floor retirement flat with lift access, ideally situated close to Newton Abbot Town Centre and available exclusively for residents aged 60 and over.
The property offers comfortable and practical accommodation throughout, featuring a fitted kitchen that provides an excellent opportunity for a new owner to update and personalise to their own taste, along with a sympathetic bathroom suite.
A spacious hallway gives access to all rooms and benefits from a large storage cupboard, ideal for keeping the home neatly organised.
Residents can also enjoy access to a welcoming communal lounge, where a variety of social activities are regularly held, providing a wonderful opportunity to meet and connect with fellow residents in a friendly and supportive environment.
This property offers an ideal blend of independent living and community spirit in a convenient and desirable location.
Further Infortmation What3Words: ///cracks.fresh.cattle Exclusively for residents aged 60 and over Leasehold Maintenance Charge £222.69pcm Service Charge: £219.98 twice annually (March and September) Water rates included Length of Lease: 61 Years remaining Mains Services: Electric, Water, Drainage Teignbridge Council Council Tax Band - B EPC - C Mining - Metalliferous Mine Search Required
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About Flat 28,, Milton House, Church Road
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