2-bedroom flat · TQ12 2QR
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious 2 bedroom second floor loft apartment, built in an Industrial style open plan layout, situated just off the centre of Newton Abbot, within easy reach of all local amenities.
The property offers excellent views over the surrounding area, towards Kingsteignton and Dartmoor.
The property is within a short walk of the mainline railway station, as well as onward road links via the A38/A380/M5 motorway.
The accommodation internally comprises open plan lounge/kitchen/dining room, galley style kitchen, 2 double bedrooms and shower room.
Further features include gas central heating, double glazing throughout and allocated parking. Agent's note: Sample Mills are members of The Property Ombudsman (T11238) and Client Money Protect.
Fees: This can be found in the 'Tenant Information' section.
Disclaimer:- These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed.
They do not constitute part or all of an offer or contract.
The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy.
We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition.
Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors.
Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents.
In order to make sure there is no delay in agreeing a sale, we would ask for cooperation.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 4 The Mill, Kingsteignton Road, Newton Abbot
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