Buckland Brake, Newton Abbot
- PROPERTY TYPE
Detached
- BEDROOMS
8
- BATHROOMS
8
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Fully Let HMO
- £64,800pa, a gross yield of 13.6%
- 8 Ensuite Bedrooms
- Property in excellent condition thoughout
- 97.6% Occupancy over the last 2 years
- Off Road Parking
- Auction Date: Wed 09/12/2026 11.00am
Description
A fully licensed and fully let eight-bedroom HMO in Newton Abbot, producing £64,800pa, a gross yield of 13.6% at the guide price.
The property has a strong letting record, with 97.6% occupancy over the last two years and four rooms let continuously throughout that period. All tenants are in employment, and one has lived at the property since 2020. Rent has been paid in full every month for the last three years, with no arrears.
The current owner refurbished and extended the property, and it is in excellent condition. The accommodation comprises a communal kitchen/breakfast room, eight double letting rooms each with an en-suite shower room, a laundry room and a boiler room with twin boilers. There is a Grade A fire alarm system and secure video intercom entry. Externally there is off-road parking and a rear garden.
Tenure
Freehold
AUCTIONEERS NOTE
The property is tenanted, full details can be found within the legal pack.
Express planning consent for the current 8-person Sui Generis HMO use - Teignbridge DC ref 17/03073/FUL
Clean VAT position: The property has not been opted to tax, so the sale is not subject to VAT.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Off street
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Affordability
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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 101182026205. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Complete, Newton Abbot. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Complete, Newton Abbot on 01626 362246.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.