Guide price
£475,000
8 bed detached house for saleBuckland Brake, Newton Abbot TQ12
8 beds
8 baths
1 reception
Just added
Auction
Freehold
About this property
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
To be sold by live stream Auction on Wednesday 9th December 2026 at 11.00am. 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.
House of Multiple Occupancy
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.
House of Multiple Occupancy
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.
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Monthly repayment
£2,376 per month
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