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Northumberland Place, Teignmouth, TQ14

South West

£375,000

Listed on 01/10/2026

The listing

Property details

Bedrooms
N/A
Type
Not Specified
Area
2984 sqft

Description

This substantial mixed-use building offers a unique investment opportunity in the heart of Teignmouth's vibrant 'Arts Quarter'. Spanning nearly 3,000 square feet, this property features two ground floor retail units currently operating as a successful café and a barber shop, alongside a spacious three-bedroom maisonette occupying the first and second floors. The café boasts a bay fronted dining area and a fully equipped commercial kitchen, while the barber shop provides an inviting space for clients. The maisonette, accessible from Northumberland Place, includes a generous sitting and dining room with attractive bow windows, a well-sized kitchen, and two large double bedrooms on the upper floor. In addition, a separate single-level cottage presents further potential for holiday letting or long-term rental, requiring some refurbishment to maximize its appeal. This property not only benefits from prime trading exposure but also offers multiple income streams from its diverse use.

WHOTS analysis

Our WHOTS verdict

An internal assessment of the opportunity to acquire, improve and create value.

74out of 100
Grade BGood opportunity

Confidence: MEDIUM

This detached property offers a substantial mixed-use opportunity in Teignmouth's vibrant 'Arts Quarter'. Priced at £375,000, the asking figure is exceptionally low at £126/sqf compared to the local average of £329/sqf, making this a strong acquisition option for those looking to invest in the area. With a total area of nearly 3,000 sq ft, it comprises two commercial units—a café and a barber shop—alongside a spacious three-bedroom maisonette and a separate cottage, all of which currently generate rental income.

While the interiors are dated and show signs of wear, including the kitchen and bathroom, this presents a clear opportunity for renovation and improvement. The project's medium scale allows for significant value enhancement through refurbishing the interiors and modernizing the commercial spaces. With the potential for multiple income streams and a prime location, this property stands out as a good investment prospect despite its current condition.

Key opportunities

  • Exceptional price point at £126/sqf, well below the local average.
  • Potential to enhance value through refurbishment of dated interiors.
  • Multiple income streams from existing commercial and residential units.

Key risks

  • Signs of wear present throughout the property.

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Map

Location

Northumberland Place, Teignmouth, TQ14
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Finance

Mortgage calculator

Illustrative repayments based on the asking price, not a mortgage offer.

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£1,417
Based on a loan of £281,250 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.

Tax

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Indicative tax based on the asking price and the options you select.

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