2-bedroom terraced house · TQ14 9BR
Listing removedListed 477 days
Opportunity summary
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About
A fantastic opportunity to purchase a 50% share of this two bedroom end of terrace home.
Located in a convenient position close to local shops and schools and Benefiting from front and rear gardens and off-road allocated parking for two cars.
Accommodation comprises: Entrance hallway With radiator, double glazed window to front aspect, under stairs storage cupboard, smoke alarm, fuse box, thermostatic controls for heating, telephone point, vinyl flooring.
Stairs rise to the first floor.
Kitchen Fitted with a range of matching wall and base units with under cabinet lighting, stainless steel double sink and drainer with mixer tap, integrated oven and gas hob with extractor hood over, space for washing machine and dishwasher, space for fridge freezer, cupboard housing combination boiler, double glazed window to front aspect, vinyl flooring.
Living room Glass multi-pained door leading into living room with a double glazed window and door overlooking the rear garden. Radiator. Under stairs storage cupboard.
First floor landing Access to loft space which is partially boarded with fixed loft ladder, storage shelves and lighting. Storage shelved airing cupboard.
Bathroom With a walk-in shower cubicle with glass sliding doors and mains fitted shower, pedestal wash hand basin with mixer tap, low level eco flush WC, obscure double glazed window, dual fuel heated towel rail, extractor fan, vinyl flooring.
Bedroom one With double glazed window to front aspect, built-in wardrobe with hanging rail, space for tumble dryer, radiator.
Bedroom two A second double bedroom with a double glazed window to the rear aspect. Radiator.
Garden From the lounge, doors lead onto a paved patio area with steps rising to a further two tiered beautifully landscaped garden.
On the first level it's been mainly gravelled for ease of maintenance. Steps leading to a shed/workshop with water but. The top area is gravelled and has crazy paving seating area.
The garden is well stocked with mature shrubs and trees, to include a cherry tree, a variety of rose bushes, plum tree, rowan tree, tayberry and goose berry bushes to name a few.
There is side access leading to the front of the property with an outside tap, security lighting and power points and a useful bike shed.
Two allocated off road parking spaces directly outside the house agents note: Shared ownership with Sanctuary Housing, once an offer has been accepted buyers will have to complete an assessment directly with Sanctuary housing.
Eligibility for a shared ownership home can be found on the .gov website.
Shared ownership properties are intended to provide accommodation for people in housing need, for first time buyers or for those who wish to get onto the property ladder and the criteria for applicants are as follows:- 1.
The buyer is in need of accommodation. 2. The buyer’s income is sufficient to purchase the property and is adequate to meet its future outgoings. 3. The buyer must not own another property.
If they do, they must either sell the property prior to or simultaneously to the purchase of your property Rent £294.34 Service Charge £38.95 Total £333.29 Rent and service charges are reviewed and renewed every January Length of lease 97 years EPC Rating: D
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 1 Bunting Close, Teignmouth
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