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Abbotsbury Road, Newton Abbot, TQ12 - Image 1
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Abbotsbury Road, Newton Abbot, TQ12 - Image 3
Abbotsbury Road, Newton Abbot, TQ12 - Image 4
Abbotsbury Road, Newton Abbot, TQ12 - Image 5

Abbotsbury Road, Newton Abbot, TQ12

South West

£265,000
Listed on 14/05/2025

Property Details

Bedrooms
5
Type
Terraced house

Description

This distinguished period residence is prominently located just a short walk from the vibrant town centre of Newton Abbot. Currently divided into two self-sufficient apartments, the property holds remarkable potential for transformation back into a spacious 4 to 5-bedroom family home. It showcases numerous original features, providing a unique opportunity for investors and those aiming to craft a distinctive and character-rich living space. The ground floor apartment consists of two comfortable bedrooms along with a bright lounge, an equipped kitchen, and a contemporary bathroom. The functional layout allows for abundant natural light, creating an inviting atmosphere perfect for single-level living or as rental accommodation. On the upper level, the three-bedroom maisonette spreads across two floors, featuring a sizable kitchen, family bathroom, and two well-proportioned bedrooms on the first floor. The second floor provides an additional bedroom that can serve as a private retreat or extra space for growing families. This flat offers both ample space and privacy, with plenty of configuration possibilities. With thoughtful reconfiguration, this property can easily revert to a generous family home that accommodates four or five bedrooms while maintaining substantial living areas across both floors. Alternatively, retaining its current format for rental purposes remains an option, making this property incredibly versatile amidst its sought-after location near local amenities and transport links. Externally, the residence benefits from off-street parking at the rear—a valuable convenience in such a central area—as well as a modest front garden and rear patio. The potential for both rental income and capital growth makes this property particularly appealing to investors seeking long-term returns in this expanding locale. With strong demand for rentals nearby due to proximity to schools and amenities, this property offers exceptional value whether you're looking to invest or adapt it into your dream family home.

Investment Analysis

(TQ12 area)
Area Average
£312/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
65
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (TQ12)

Area prices are rising by +2.4% over the last 12 months
3 year growth: -1.8%
5 year growth: 18.3%
Investment Disclaimer: Analysis based on TQ12 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Abbotsbury Road, Newton Abbot, TQ12
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£971
Based on a loan of £198,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE