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Oakland Road, Newton Abbot, TQ12 4EE - Image 1
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Oakland Road, Newton Abbot, TQ12 4EE

South West

£190,000
Listed on 16/01/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
883 sqft

Description

This three-bedroom end-of-terrace property presents a compelling investment opportunity, particularly due to its planning permission for an additional three-bedroom house on the expansive plot. Nestled in a desirable area of Newton Abbot, this home features an inviting layout that includes a lounge with an open fireplace, a dining room, and a functional kitchen with ample storage and access to the rear courtyard garden. The first floor hosts three well-sized bedrooms, one of which boasts stunning views towards Haytor and Dartmoor. In addition to the existing accommodation, the approved plans for the new dwelling significantly enhance the property's development potential, making this an attractive prospect for owner-occupiers and developers alike. With no onward chain, immediate occupancy or further development can be realized promptly.

Investment Analysis

(TQ12 area)

Below Market Value

This property is priced -30.8% below area average per sq ft

-30.8%
Potential saving
This Property
£215/sq ft
Area Average
£311/sq ft
Avg Rent (weekly)
£228
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £60,000
Target Value
£302,171
10% above area average per sq ft
Potential ROI
+20.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
62
Average per month
Market Turnover
28%
Properties sold annually

Local Market Trend (TQ12)

Area prices are stable by +1.6% over the last 12 months
3 year growth: -2.2%
5 year growth: 15.7%
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

Oakland Road, Newton Abbot, TQ12 4EE
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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
£696
Based on a loan of £142,500 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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