1-bedroom flat · TQ12 1UD
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and contemporary top floor apartment, situated within a well-maintained purpose-built development in Newton Abbot.
Offering stylish, modern accommodation throughout, this attractive property would make an ideal purchase for first-time buyers, professional couples or those seeking a comfortable, low-maintenance home.
The accommodation is accessed via a welcoming entrance hall, providing access to the principal rooms and useful storage.
The heart of the home is the superb open-plan kitchen, dining and living area, creating a bright and sociable space ideal for both relaxing and entertaining.
The modern fitted kitchen offers a good range of units and work surfaces, complemented by integrated appliances, including a washing machine and dishwasher.
The living area enjoys a pleasant outlook over a nearby green space, adding to the property's light and airy feel.
The spacious double bedroom provides a comfortable and inviting retreat, also benefiting from the attractive outlook.
Completing the accommodation is a contemporary bathroom, finished to a high standard with a stylish and practical design.
Presented in excellent modern condition throughout, the apartment offers an appealing combination of contemporary interiors, open-plan living and a peaceful outlook.
Being situated on the top floor further enhances its appeal, while the convenient location provides easy access to the amenities and transport links of Newton Abbot.
Externally, the property benefits from an allocated parking space within a private car park, providing convenient off-road parking.
An excellent opportunity to acquire a modern and well-maintained top floor apartment in a popular Newton Abbot location, offering stylish open-plan living, a double bedroom, integrated kitchen appliances and allocated parking.
Early viewing is highly recommended. Agents Notes Ground Rent - £125 per year Service Charge - £1,200 per year Remaining Lease - 119 years remaining (125 years from 01/01/19)
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.
Area
Agent & docs
FAQ
About Chicory Close, Newton Abbot
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