3-bedroom terraced house · TQ14 9BB
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mill Lane is a popular, elevated residential road in Teignmouth.
The location is ideal for families, hosting the local primary school while remaining within easy reach of the vibrant town centre, sandy beaches, and mainline railway station.
Accommodation The property is entered through a welcoming entrance hall featuring stairs rising to the first floor, a radiator, and doors leading to all primary ground floor rooms.
The spacious sitting room is complemented by a large, double-glazed window to the front aspect, a TV aerial point, and a radiator.
Double-glazed doors open from here into a bright conservatory, which features a polycarbonate roof, tiled flooring, power points, a radiator, and sliding double glazed doors that seamlessly connect the indoor living space to the rear garden.
The generous double-aspect kitchen is equipped with a matching range of wall, base, and drawer units with roll-top work surfaces over, an inset stainless-steel sink with drainer, and a built-in four-ring gas hob with an extractor hood and built-in oven below.
Windows to the front and rear, the kitchen also includes plumbing for a washing machine, inset spotlights, and a concealed wall-mounted combination boiler, with an obscure double-glazed door providing convenient side access to the garden.
Completing the ground floor is a modern family bathroom fitted with a white three-piece suite, comprising a low-level push-button WC, a wash hand basin, and a panelled bath with bi-fold glass doors and an electric Triton shower over.
The room is finished with stylish tiled flooring, partially tiled walls, a heated towel rail, and an obscure double-glazed window to the rear.
Moving upstairs, the first-floor landing features a glazed window to the rear aspect, access to the loft, and a practical storage shelf over the stairs.
The impressive principal bedroom boasts a bright double aspect with double glazed windows to both the front and rear, framing elevated estuary and countryside views.
The second bedroom is another comfortable double room, enjoying a front-facing double-glazed window with equally pleasant countryside views.
The third bedroom is a practical single room situated to the rear, with its window overlooking the private rear garden.
All bedrooms feature smooth-finish ceilings, ceiling light points, and radiators.
Outside To the front, the property features a neatly enclosed garden bordered by panel fencing, mostly laid to lawn with a concrete path and steps leading up to the front door.
A timber gate provides secure access to the side and rear gardens, which have been thoughtfully designed for low maintenance.
These private outdoor areas offer several seating options-including an attractive decking area-alongside a tranquil water feature, practical artificial grass, and ample space for a garden shed.
Parking Convenient off-road parking is situated to the side of the property, offering a double side-by-side parking bay which is easily accessed via a secure timber gate from the front garden.
Agent’s Notes Council Tax: Currently Band B Tenure: Freehold Mains water. Mains drainage. Mains gas. Mains electricity. We have been unable to locate a hetas certificate for the woodburning stove.
EPC Rating: D Disclaimer Information provided is for guidance only and is non-contractual. Although every effort is made to ensure accuracy, on occasion we rely on information from third parties.
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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
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FAQ
About 76 Mill Lane, Teignmouth
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