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See how verdicts work1-bedroom flat · TQ12 3RG
Sold STCListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the market with no onward chain is this well proportioned one bedroom ground floor flat, situated in Hollam Way in Kingsteignton and benefiting from an allocated parking space and private enclosed rear garden.
Approached via a shared pathway, the property is entered through its own private front door into a useful porch area.
Internally The porch provides a small storage alcove to the side, ideal for coats, shoes and everyday items.
The lounge/diner is positioned to the front of the property and benefits from a large window allowing plenty of natural light into the room.
This provides a comfortable and versatile living space with room for both seating and dining furniture.
To the rear of the property is the main bathroom, fitted with a double shower, WC and wash hand basin.
Adjacent is the kitchen, which offers a good range of storage cupboards, space for appliances and an integrated fridge freezer.
A door from the kitchen provides convenient access directly out to the rear garden.
The main double bedroom is also positioned to the rear and benefits from integrated wardrobes and a large window overlooking the private garden, creating a pleasant outlook and allowing plenty of natural light into the room.
Further storage is provided within the hallway, with two additional storage cupboards, offering useful space for items such as an airing cupboard, hoover, ironing board and other household essentials.
Externally The property benefits from a private and enclosed rear garden, providing a pleasant outside space with convenient access from the kitchen.
There is also a private side gate providing access to the garden, together with a rear access gate leading towards the allocated parking.
With its ground floor position, private garden, allocated parking and no onward chain, this property would make an excellent first time purchase, investment or opportunity for those looking to downsize.
Agent Notes Lease: 999 years from 1 January 1980 Service Charge: Peppercorn Viewings To view this property, please call us on or email and we will arrange a time that suits you.
Services Mains Electricity. Mains Water. Mains Drainage Local Authority Teignbridge District Council
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 2, Hollam Way, Newton Abbot
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