2-bedroom terraced house · TQ12 1SQ
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A VERY WELL PRESENTED 2 BEDROOM PROPERTY SITUATED CLOSE TO NEWTON ABBOT TOWN CENTRE Material Information What3Words: ///dimes.collapsed.narrating Freehold Council Tax Band - B Teingbridge Council Parking - Allocated space Mains services - Gas, Electric, Water, Drainage Heating - Gas Central Heating Mining - Metalliferous Mine Search Required Lounge 4.1m x 3.4m (13' 5" x 11' 2") Staircase to first floor, uPVC double glazed window overlooking front aspect, radiator, TV aerial point.
Breakfast Room 2.5m x 3.48m (8' 2" x 11' 5") A modern kitchen benefitting from a wide range of wall and base mounted units with rolled edge worksurface, stainless steel sink with mixer tap, inset four ring gas hob with extractor over, separate electric oven, space and plumbing for washing machine, space for tall fridge/freezer, uPVC double glazed window overlooking rear aspect, tiled splashbacks.
Kitchen 2.6m x 2.2m (8' 6" x 7' 3") A modern kitchen benefitting from a wide range of wall and base mounted units with rolled edge worksurface, stainless steel sink with mixer tap, inset four ring gas hob with extractor over, separate electric oven, space and plumbing for washing machine, space for tall fridge/freezer, uPVC double glazed window overlooking rear aspect, tiled splashbacks.
Bathroom Modern white suite comprising bath with mixer tap over and separate showerhead, pedestal wash hand basin with mixer tap, low level WC, radiator, fully tiled walls, wall mounted extractor fan, uPVC obscure double glazed window to rear.
Bedroom 1 3.1m x 3.1m (10' 2" x 10' 2") uPVC double glazed window overlooking front aspect, radiator, two built-in storage cupboards.
Bedroom 2 2.9m x 2m (9' 6" x 6' 7") Radiator, uPVC double glazed window overlooking rear aspect.
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
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FAQ
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