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Guide price

£475,000

8 bed detached house for sale
20 Buckland Brake, Newton Abbot, Devon TQ12

    • 8 beds

  • Auction
  • Freehold

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Auction House South West

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About this property

    For sale by auction on Wednesday, 09 Dec 2026 at 11:00

    Venue: Live Stream

    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.

    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.

    Full details
    Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within the full property details, online, via our website. All published information is to aid identification of the property and is not necessarily to scale.

    Viewings
    Regular block viewing sessions will be provided in the lead up to the auction. Please telephone Auction House South West on to request a viewing.

    Notice to bidder
    Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.

    EPC Rating: D68

    Additional Fees
    Administration Charge - £1200 inc VAT payable on exchange of contracts.

    Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

    Price Information
    * Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

    Additional Fees Information
    Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

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    Property descriptions and related information displayed on this page are marketing materials provided by - Auction House South West. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Auction House South West for full details and further information.