51 Gestridge Road, Kingsteignton, Newton Abbot, Devon, TQ12 3EZ
Network AuctionsNetwork Auctions is a leading property auction house, successfully selling thousands of properties across the UK since 2005. With a strong network of partner agents, it combines expert regional marketing with national exposure, attracting a wide pool of property investors. Known for professionalism and experience, Network Auctions delivers efficient and effective property sales.
Read more Read moreSubstantial freehold investment comprising 3 cottages (1 x 3 bed, 1 x 2 bed, 1 x 1 bed), 2 x 2-bedroom flats, and a separate garage block with workshops and yards. Let producing £31,920 pa. 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. The cottages are purpose-built, providing modern layouts suited to the rental market. We are advised that each property is separately metered for gas and electricity and has a gas boiler. The water supply is from a single source and serves all properties.
