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Mile End Road, Highweek, NEWTON ABBOT, Devon.

South West

£350,000

Listed on 23/07/2026

Property details

Bedrooms
4
Type
Detached
Area
2227 sqft

Description

Nestled in the desirable area of Highweek and accessed through a charming five-bar gate, this spacious detached four-bedroom home presents a valuable opportunity for renovation and investment. The layout is well-suited for a growing family, offering flexibility with potential for annex living or a dedicated workspace, as well as options for extension subject to planning permissions. Internally, the residence features an entrance hall leading to a lounge and family room with a dining recess. A study/snug adds to the versatility, along with a fitted kitchen. The rear of the property includes various areas currently utilized as craft space, utility room, garden room, store room, and workshop — all complemented by a convenient downstairs cloakroom. Upstairs are four bedrooms and a family bathroom plus access to an expansive loft that could provide further development possibilities. Externally, there’s ample parking suitable for vehicles, caravans, or boats along with wraparound gardens. The front garden features level lawns with a pond while the side garden boasts a patio area. The rear garden is mostly concrete but houses several wooden sheds and storage units suitable for gardening enthusiasts or hobbyists. While the property requires modernisation, it holds significant potential for those looking to create their ideal family home or investment opportunity. Formerly part of the property was used commercially as a shop and had designated spaces suitable for dog breeding - illustrating its adaptable nature. Situated within easy reach of primary and secondary schools, local leisure facilities, and the bustling amenities of Newton Abbot town centre including shops and transport links to Exeter and Plymouth.

Investment analysis

(TQ12 area)

Below Market Value

This property is priced -48.6% below area average per sq ft

-48.6%
Potential saving
This Property
£157/sq ft
Area Average
£306/sq ft
Avg Rent (weekly)
£244
Avg Yield
3.7%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£50,000 - £80,000
Target Value
£749,363
10% above area average per sq ft
Potential ROI
+74.3%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
63
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (TQ12)

Area prices are falling by -2.5% over the last 12 months
3 year growth: -5.2%
5 year growth: +4.0%
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

Mile End Road, Highweek, NEWTON ABBOT, Devon.
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,322
Based on a loan of £262,500 over 30 years at 4.45% 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.

Stamp duty calculator

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