5 bedroom terraced house for sale

Abbotsbury Road, Devon TQ12

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01752 942199

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Terraced house

5 bed

1 bath

Key information

Tenure: Freehold

Council tax: Ask agent

Broadband: Ultra-fast 1000Mbps *

Mobile signal:

EE O2 Three Vodafone

Water: Ask agent

Heating: Ask agent

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Freehold

Situated close to the center of Newton Abbot, this spacious five-bedroom property offers an excellent investment opportunity as an unlicensed House in Multiple Occupation (HMO). Ideally located for tenants, the property boasts easy access to the town’s amenities, transport links, and services, making it a highly desirable rental option. Currently accommodating four tenants, the property also includes a guest bedroom, which could be repurposed as an office. It generates a projected rental income of £36,048 per annum, representing an appealing 9.6% gross yield. The property features five generously sized bedrooms, a well-appointed kitchen, a downstairs WC, and a family bathroom. Additionally, it benefits from a manageable garden that can be converted into a carport, offering added flexibility and value. Managed 24/7 by a professional charity, this investment ensures consistent tenant care and a hassle-free ownership experience. With its strong rental potential, excellent location, and scope for further enhancement, this property presents a fantastic opportunity for savvy investors. Important Note: Buyers should conduct due diligence regarding local HMO regulations and licensing requirements. EPC: TBC

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Places of interest

Pilkington Estates - Stoke

161 Molesworth Road Plymouth PL3 4AJ

01752 942199

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*DISCLAIMER

Property reference PLY243167. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Pilkington Estates - Stoke.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed: obtained from Ofcom on August 11, 2022

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength: obtained from Ofcom on March 25, 2022

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

*Call rate information

Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.