Auction Lot: 3 Cottages & 2 Flats, Kingsteignton, Newton Abbot
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Charles Darrow
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01271 321122
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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
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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.
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