North Street, Ashburton, Newton Abbot
HO

North Street, Ashburton, Newton Abbot

By Howard Douglas

£ 325,000

Reviews

2 out of 5 stars

Howard Douglas says ..

A mixed-use freehold investment property in the heart of Ashburton with two shops, first floor offices and residential flat

Property Oracle says ..

This mixed-use property in Ashburton, Devon, presents a unique investment opportunity, but with some caveats. The property comprises commercial units on the ground floor and residential accommodation above. Its central location on North Street offers high visibility for the businesses and easy access to local amenities. The presence of nearby schools is a positive for families seeking residential space. However, the residential portion of the property requires some updating and modernisation in the kitchen and bathrooms, which needs to be factored into the overall purchase decision. There is no garden, which will affect some buyers. The lack of precise square footage data makes a thorough assessment of the value challenging, but comparing the overall price to other nearby properties suggests there’s a need for a detailed evaluation of the property’s income-generating potential to determine the viability of the asking price. A potential buyer would need a detailed survey and assessment of the property condition and revenue projections for the commercial spaces before committing to a purchase.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
5
Location
7
Land
1
Bedrooms
3
Bathrooms
0
Sqft (est)
700.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
347,013.00 £
Decreased by 8.81 %
from 380,545.00 £
Est sale value
197,400.00 £
Increased by 12.35 %
from 175,700.00 £
Average area rental value
940.00 £/mo
Increased by 0.53 %
from 935.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.25 %
Increased by 10.17 %
from 2.95 %
Crime Rate
96.00 %
Unchanged by 0.00 %
from 96.00 %

Agent Activity

  • Howard Douglas marked this listing as sold.

  • Howard Douglas created the listing.

Nearby Schools

NameTypeOfstedDistance
Sands SchoolOther Independent School0.35 KM
Ashburton Primary SchoolAcademy ConverterGood0.45 KM
South Dartmoor Community CollegeAcademy ConverterRequires improvement1.53 KM
Atrium Studio SchoolStudio SchoolsGood1.59 KM
St Mary'S Catholic Primary School, BuckfastAcademy ConverterGood3.48 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
St Andrews Close £ 149,95000.00 KM
Tuckers Meadow £ 000.00 KM
Screechers Hill £ 420,00000.00 KM
Westabrook Drive £ 000.00 KM
Luces Mead £ 000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
North Street, Ashburton, Newton Abbot £ 325,000BUY4 / 100.00 KM
North Street, Ashburton £ 315,000BUY5 / 100.02 KM
North Street, Ashburton £ 650,000BUY5 / 100.02 KM
North Street, Ashburton £ 119,950BUY5 / 100.02 KM
North Street, Ashburton £ 149,950BUYUnknown0.03 KM

Nearby Properties

AddressPriceDistance
36 North Street £ 325,0000.03 KM
18 North Street £ 350,0000.03 KM
34 North Street £ 219,9500.03 KM
10a North Street £ 103,5000.03 KM
3 North Street £ 51,0000.03 KM