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See how verdicts work2-bedroom property · TQ14 9PU
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Underhill Estate Agents are delighted to bring to market this 2-bedroom park home situated on the picturesque Wear Farm site.
Featuring a large living area and kitchen, this property has fantastic views over the beautiful River Teign which can be enjoyed from spacious decking.
The property further benefits from 2 double bedrooms, as well as a bathroom and shower room.
Unlike many park home sites, there are no age restrictions on ownership, meaning that anyone aged 18 and upwards can benefit from living on the site. Entrance: The property benefits from 2 entrances.
One entrance is to the side of the property and the recently new uPVC door leads you to the porch. The second entrance is to the rear of the property and is currently used as the main entrance.
It is accessed from the decking, has a small porch overhead and leads into the kitchen. Porch: The porch features carpeted floors, and space for shoes and coats.
There is an opaque screen allowing for natural light from the dining space, and a door leading to the main living space. Living/Dining Room: The living/dining room is a large, light space.
The floors are carpeted and there are 3 large uPVC windows that view to the front, side and rear of the property, fill the space with natural light.
There is plenty of space for furniture both for lounging and dining, and a set of sliding doors opens into the kitchen.
Kitchen: The kitchen looks out to the rear of the property and a large uPVC window provides stunning views over the Teign River.
There is a range of base and wall units, plumbing for a washing machine and space for a standalone fridge/freezer. The floors are carpeted and there is a door leading to the exterior decking.
The kitchen also provides access to the hallway and rooms beyond. Bedroom 1: The largest bedroom on the property is a generous space and features built-in wardrobes.
There is carpeted flooring, plenty of space for bedroom essentials, and a large uPVC window viewing to the front of the property.
Bedroom 2: The second bedroom is also a generous space and is only marginally smaller than the first.
It also features built-in wardrobes, a uPVC window viewing to the rear and space for bedroom essentials.
Bathroom: The bathroom features a bath, W/C, pedestal sink, a towel rail and a large storage cupboard. The walls a partially tiled around the bath and the floors are carpeted.
There is also an opaque uPVC window viewing to the side of the property.
Shower Room: The shower room is adjacent to the bathroom and features an accessible walk-in shower with electric pump, a W/C, a sink with integrated cupboard, a towel rail, and a wall-mounted mirrored medicine cabinet.
There is also an opaque window viewing to the rear of the property. Outside Space: This park home is set on a particularly generous plot that is naturally separated into different areas.
To one side of the property is a well landscaped, raised gravel patio area surrounded by established plants and shrubbery, and to the other side is a generous lawn space.
The lower part of the garden features another gravel area that is the perfect place for potted plants, and a stone slab pathway leads to a private patio with a brick-built shed.
The main, new this year, elevated decking area provides plenty of space for outdoor furniture and allows you to enjoy the spectacular views across the River Teign.
Facing to the south, the decking benefits from being in sunshine all day long. The property also benefits from having one allocated parking space on site.
This is not guaranteed to be directly outside the property, but will be in close proximity.
Please note: Some property images may have been virtually staged using AI technology to illustrate potential interior design ideas.
Council Tax: Band A EPC Rating: Exempt Pitch Fee: £181.00 per month, and is due on the first of every month and includes water but not sewerage.
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

FAQ
About Wear Farm, Newton Road, Teignmouth
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