>
10 bedroom semi-detached house for sale
51 Gestridge Road, Kingsteignton, Newton Abbot, Devon, TQ12 3EZ
£450,000
51 Gestridge Road, Kingsteignton, Newton Abbot, Devon, TQ12 3EZ
£450,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 18th September 2025 The property is held in 3 titles, providing flexibility for investment or a break-up and resale opportunity
- We estimate the current market rental value is £40,000 pa with potential for a further £3000 - £4000 pa from the garages
- All units are self-contained and separately accessed, the flats offer well-proportioned accommodation with potential to upgrade
- Potential Rent £43,000+ pa Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
The property is a unique investment opportunity, comprising three titles with a current market rental value of £40,000 per annum, with potential for an additional £3,000-£4,000 per annum from the garages. The property consists of self-contained flats and cottages, each with separate access, offering well-proportioned accommodation with potential for upgrading. The flats and cottages are separately metered for gas and electricity, with a shared water supply. The property also includes an annex and garage block, with a current rent of £31,920 per annum and potential rent of £43,000+ per annum. The property is being sold freehold and will be auctioned on September 18th, 2025.