Auction Lot: 3 Cottages & 2 Flats, Kingsteignton, Newton Abbot

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£390,000

Home Buyer Report for Auction Lot: 3 Cottages & 2 Flats, Kingsteignton, Newton Abbot

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Bedrooms
8
Bathrooms
4
Living Spaces
-
Type
Other
Ownership
Freehold
Area
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Floorplan & Rooms

Floorplan
No Floorplan
Bedrooms
8 Bedrooms
Bathrooms
4 Bathrooms
Living Spaces
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Features

Garage
Period Property
Renovation Needed
Wooden Beams

Description

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Charles Darrow
Cornwall
01637 822822
Dorset
01305 302222
Somerset
01823 242322
North Devon
01271 321122
Devon
01626 330022
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Auction Lot: 3 cottages & 2 Flats, Kingsteignton, Newton Abbot
51 Gestridge Road, Kingsteignton, Newton Abbot, Devon, TQ12 3EZ
Freehold Price: £390,000 Guide Price

File Number: CD-90309

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Paul Heather
DirectorT: 01626 330022
M: 07557763682Send an email
Key Features
To be sold by Public Auction 11/12/25
Guide Price: £475,000–£500,000
Occupied investment comprising 2 flats & 3 cottages
Additional two lock-up garages/workshop & Car park
Held under 3 separate titles (break-up potential)
Current rent: £31,920 p.a.
ERV: £40,000 p.a. + £3,000–£4,000 from garages
Popular location close to Newton Abbot & A38

Summary
51 Gestridge Road is a substantial freehold investment property in the heart of Kingsteignton, arranged as two self-contained flats, three modern two-storey cottages, and two lock-up garages/workshop. The property is held on three separate titles, giving excellent flexibility for long-term investment, management, or future resale on a break-up basis.
Currently producing £31,920 per annum, with an estimated rental value of £40,000 per annum plus £3,000–£4,000 per annum from the garages, the property offers immediate income with further growth potential.

Estate agent

Charles Darrow

Location

Town or Village
 defined as 'urban city and town'
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The information provided within this property listing is accurate to the best of our knowledge and research. Please see details of how we gather information in paragraph 3 of our T&Cs.

Please contact the appointed agent, or the vendor, for any missing information and to ensure the accuracy of all details. It is essential that you carry out your own Due Diligence in relation to any property purchases.

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