2-bedroom terraced house · TQ13 0FA
Listing removedListed 467 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apply now and unlock your home buying potential with Shared Ownership. Available to purchase at a 40% share for £100,000 with a min 5% deposit. (Full market value £250,000).
Financial Breakdown: Full market value: £250,000 40% share value £100,000 5% deposit: £5,000 Rent charged on un-owned share: £342 including service charge Rent on un-owned share (60%) A Well-Presented Two Bedroom Terraced Home in the Popular Lower Trindle Close - Available via Shared Ownership.
Located in the sought-after residential area of Lower Trindle Close in the vibrant town of Chudleigh, this well-maintained two-bedroom terraced house offers a fantastic opportunity for first-time buyers or those looking to step onto the property ladder through shared ownership.
Upon entering, you’re welcomed by an entrance hallway that leads into a spacious lounge/diner, perfect for both relaxing and entertaining.
This versatile living area also features handy under-stair storage, ideal for keeping things neatly tucked away.
Flowing through from the lounge is where you'll find the kitchen, boasting ample storage along with access to your garden and a convenient downstairs W/C adds to the practicality of the ground floor layout.
Upstairs, you’ll find two double bedrooms, one of which benefits from a built-in cupboard offering flexible storage or potential for a wardrobe.
A family bathroom serves the upper floor, and additional storage can also be found on the landing.
Externally, the property enjoys a low-maintenance rear garden, ideal for relaxing or entertaining during the warmer months.
There is the added benefit of allocated off-street parking, making day-to-day living even more convenient.
This lovely home is perfectly positioned for access to local amenities, schools, and excellent transport links, making it an ideal choice for commuters and families alike.
Viewings are highly recommended to fully appreciate all this home has to offer. Is Shared Ownership right for me?
- As long as you are over 18 - Your household income is less than £80,000 - And you don’t already own a home at the time of buying your shared ownership property ...
Then Shared Ownership could be right for you! How does Shared Ownership work? You buy a share in your home that’s right for you. That could be from 25% up to 75% initially.
You’ll pay a reduced rent to us on the share we own and a monthly service charge.
As your finances allow, you can buy further shares in your home as and when you choose, meaning you’ll own more and pay less rent.
Typically, you’ll only need a deposit that is 5% of the value of your share, rather than of the total property value, meaning you could get moving sooner than you thought.
Shared Ownership generally costs less than purchasing outright or renting, making it a fantastic option to get onto the housing ladder.
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 41, Lower Trindle Close, Newton Abbot
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