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See how verdicts work2-bedroom flat · TQ12 1BX
Listing removedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented two-bedroom apartment offers a comfortable and modern living experience, ideally situated within a desirable Newton Abbot development.
The apartment provides a bright and inviting atmosphere, perfect for those seeking convenience and a pleasant community environment.
The apartment itself is on the ground floor with no-one above, giving it the feel of a bungalow with outdoor space surrounding the property.
The location of this apartment offers excellent accessibility to local amenities. Newton Abbot's bustling high street, with its array of shops, cafes, and services, is within easy reach.
Transport links are convenient, ensuring easy connections for daily travel. Residents can also enjoy nearby green spaces and community facilities, contributing to a balanced and active lifestyle.
Accommodation The accommodation includes a well-proportioned living room, a modern kitchen/diner with built in electric oven and gas hob and space for fridge/freezer, two comfortable bedrooms both with en-suite WC’s and a pristine family bathroom with shower above the bath.
Next to the bathroom is a utility cupboard which provides the space for the washing machine and lastly the apartment comes with a large entrance hallway providing yet further additional space which could be used as an office space, reading space or for further storage.
Each area has been thoughtfully maintained, providing a ready-to-move-into home. The property is fully double glazed and offers gas central heating.
Outside The property benefits from a decked area at the side of the property, perfect for enjoying alfresco dining and extends as a decked path around the property.
There are also communal gardens to the front which provides a pleasant lawned area for residents to enjoy.
Parking Each of the apartments has its own allocated parking space with EV charger built in for electric cars.
Agent’s Notes Council Tax: Currently Band A Tenure: Leasehold Lease: 999 years from 1st January 2025 Service charge: Currently approximately £1,200 per annum (£100 pcm).
Review Period: Annually Mains water. Mains drainage. Mains electricity. Mains gas.
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 28,Flat 4, Keyberry Road, Newton Abbot
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