House · TQ12 3LE
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
High Mill is a historical Grade II listed former water mill which retains original workings of the water mill.
Currently the building has planning permission to convert it into two separate four bedroomed dwellings, however there is potential to convert the property into separate apartments subject to planning permission.
The property is located in a residential road within Kingsteignton and within walking distance there are local facilities including schooling, shops and a local public house.
Description High Mill is a historical Grade II listed former water mill which retains original workings of the water mill.
Currently the building has planning permission to convert it into two separate four bedroomed dwellings, however there is much potential to convert the property into separate apartments subject to planning permission.
The property is located in a residential road within Kingsteignton and within walking distance there are local facilities including schooling, shops and a local public house.
Services Mains water and drainage and mains electricity.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Crossley Moor Road, Newton Abbot
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