Butt Estates says ..
Two single garages with up-and-over doors on School Lane, Newton Poppleford. Investment rental income of £200 pcm possible giving 6% yield.
Property Oracle says ..
The property is a pair of garages located in Newton Poppleford, East Devon. The location is good, with a primary school nearby and other amenities within a reasonable distance. However, the property itself is simply two garages, lacking living space. The condition of the garages appears to be fair based on the provided photos, showing some signs of age and wear. There is no land associated with the property beyond the garages themselves. Given the average house price in the area is significantly higher than the listing price of £40,000, the price may seem reasonable for garages but not for a residential property. The lack of bedrooms and bathrooms makes it unsuitable as a primary residence. It may be suitable for storage or as an investment opportunity.
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
- 0
- Bathrooms
- 0
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Metrics Year-on-Year
- Average area value
- 579,091.00 £Increased by 13.92 %
- Average area rental value
- 964.00 £/moDecreased by 19.53 %
- Est rental Yield
- 2.00 %Decreased by 29.33 %
- Crime Rate
- 179.00 %Unchanged by 0.00 %
Agent Activity
Butt Estates created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Newton Poppleford Primary School | Community School | Good | 0.07 KM |
| Tipton St John Church Of England Primary School | Voluntary Aided School | Good | 2.18 KM |
| Mill Water School | Foundation Special School | Good | 3.91 KM |
| Otterton Church Of England Primary School | Academy Converter | 4.56 KM | |
| West Hill Primary School | Foundation School | Outstanding | 5.07 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Robert Way | £ 0 | 0 | 0.00 KM |
| School Lane | £ 0 | 0 | 0.00 KM |
| Turner Close | £ 0 | 0 | 0.00 KM |
| Northmostown Court | £ 0 | 0 | 0.00 KM |
| Brooklands | £ 850,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Feniton | 5808 | FNT | 9.77 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Single lock up garage, School Lane, Newton Poppleford | £ 20,000 | BUY | 5 / 10 | 0.00 KM |
| Single lock up garage, School Lane, Sidmouth | £ 20,000 | BUY | 5 / 10 | 0.00 KM |
| School Lane, Newton Poppleford, Sidmouth, Devon | £ 240,000 | BUY | 6 / 10 | 0.02 KM |
| School Lane, Newton Poppleford | £ 250,000 | BUY | 6 / 10 | 0.02 KM |
| School Lane, Newton Poppleford, Sidmouth, Devon, EX10 | £ 585,000 | BUY | 7 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 13 School Lane | £ 197,500 | 0.02 KM |
| 24 School Lane | £ 208,000 | 0.02 KM |
| 15 School Lane | £ 224,000 | 0.02 KM |
| 3 School Lane | £ 212,000 | 0.02 KM |
| 25 Lower Farthings | £ 375,000 | 0.21 KM |