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Mayflower Avenue, Newton Abbot, Devon TQ12 - Image 1
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Mayflower Avenue, Newton Abbot, Devon TQ12

South West

£240,000

Listed on 13/06/2026

Property Details

Bedrooms
2
Type
Bungalow
Area
819 sqft

Description

This detached bungalow presents a promising investment opportunity, featuring two bedrooms, a spacious reception area, and an expansive kitchen complemented by a utility room. The property's layout has been enhanced with an extension that provides ample space for family living. While it currently includes updated elements such as a contemporary kitchen and shower room, further renovations can elevate its appeal. Outside, the tiered garden offers potential for landscaping and outdoor entertainment, while the front terrace overlooking the pond adds charm. With off-street parking options available, this property is conveniently located near essential shops and transport connections, making it suitable for those looking to improve their living space or create a rental opportunity. The absence of an onward chain simplifies the purchasing process, allowing for quicker renovations upon acquisition.

Investment Analysis

(TQ12 area)

Below Market Value

This property is priced -5.0% below area average per sq ft

-5.0%
Potential saving
This Property
£293/sq ft
Area Average
£308/sq ft
Avg Rent (weekly)
£238
Avg Yield
3.6%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£277,838
10% above area average per sq ft
Potential ROI
+4.8%
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
11%
Properties sold annually

Local Market Trend (TQ12)

Area prices are falling by -2.1% over the last 12 months
3 year growth: -4.9%
5 year growth: +5.4%
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

Mayflower Avenue, Newton Abbot, Devon TQ12
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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
£907
Based on a loan of £180,000 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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