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East Street, Newton Abbot, Devon. - Image 1
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East Street, Newton Abbot, Devon.

South West

£275,000
Listed on 16/05/2025

Property Details

Bedrooms
4
Type
Semi-detached house
Area
786 sqft

Description

This end-of-terrace family home features four bedrooms and is conveniently located just a short distance from the town center of Newton Abbot. The area boasts a variety of amenities, including healthcare services, educational institutions, shops, parks, and recreational facilities such as tennis courts and a leisure center. Additionally, transportation options are easily accessible with bus services and a main rail line that connects to London Paddington. While the property currently requires updating and modernization, it presents an exciting opportunity for those looking to invest in a renovation project. The layout includes an entrance porch leading into a spacious hallway, which branches off to a lounge, study, dining room, kitchen, rear lobby, and cloakroom on the ground floor. Upstairs, you will find four bedrooms accompanied by a wet room. The home retains several charming original features such as picture rails, ceiling roses, and Victorian fireplaces that add character and potential to the living spaces. Further enhancements include uPVC double glazing and gas central heating for comfort throughout the seasons. Externally, there are courtyard gardens at both the front and rear of the property. This house not only offers ample space for family living but also significant potential for transformation into a modern residence tailored to contemporary tastes. Viewing is encouraged to fully appreciate its possibilities.

Investment Analysis

(TQ12 area)

Above Market Value

This property is priced +12.2% above area average per sq ft

+12.2%
This Property
£350/sq ft
Area Average
£312/sq ft
Avg Rent (weekly)
£236
Avg Yield
3.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£269,669
10% above area average per sq ft
Potential ROI
-17.0%
After renovation
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

East Street, Newton Abbot, Devon.
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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
£1,007
Based on a loan of £206,250 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