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Alexandra Road, Newton Abbot - Image 1
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Alexandra Road, Newton Abbot

South West

£150,000
Listed on 29/09/2025

Property Details

Bedrooms
2
Type
Terraced house
Area
861 sqft

Description

This Victorian brick terraced house presents a promising opportunity for renovation and investment, ideally located just off the bustling town center. With its generous layout, the property features two reception rooms, two bedrooms, and two bathrooms—one conveniently situated on each floor. While the home requires modern updates to unlock its full potential, it already comes equipped with UPVC double glazing and an enclosed courtyard garden, making it a solid base for future enhancements. Additionally, residents benefit from on-street permit parking, adding convenience to this central location. Alexandra Road’s proximity to Newton Abbot town center enhances its appeal, providing easy access to a diverse range of shops, business services, and leisure activities. Commuters will appreciate the close distance—approximately three-quarters of a mile—to the A380 dual carriageway connecting Torbay and Exeter. The mainline railway station is also within walking distance, along with various bus routes that facilitate travel into both the town center and Torbay. Upon entering, you are greeted by a hallway that leads to the first-floor stairs. The lounge features a front-facing window and a fireplace while offering a multi-glazed door that opens into the dining room. The dining area overlooks the rear and includes an additional fireplace along with storage options such as an understairs cupboard. The kitchen is basic yet functional, providing space for appliances and direct access to the outdoors. On the main floor, there is also a bathroom fitted with essential amenities. Ascending to the first floor reveals additional potential; here you will find a landing with access to loft space. The main bedroom boasts a front-facing window and benefits from a charming feature fireplace along with built-in storage. The second bedroom similarly features a fireplace and views of the rear garden. The adjacent bath/shower room includes classic features such as a panelled bath and separate shower cubicle—a perfect canvas for modernization. The outdoor space features a paved path leading to a modest patio area surrounded by shrubbery, along with steps that provide external access to the rear road—a practical element for future landscaping or expansion possibilities. With its combination of character details and location advantages, this property offers significant renovation potential for those looking to invest in an up-and-coming area. Please note that council tax is currently at Band B, and this freehold property has connections to mains water, electricity, and drainage.

Investment Analysis

(TQ12 area)

Below Market Value

This property is priced -44.0% below area average per sq ft

-44.0%
Potential saving
This Property
£174/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£243
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£294,501
10% above area average per sq ft
Potential ROI
+59.2%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
53
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -1.1%
5 year growth: 18.9%
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.

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Location

Alexandra Road, Newton Abbot
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