Skip to main content

No longer on the market

This property is no longer on the market

529240
529243
529245
529246
529247
529248
529249
5292410
5292411
5292412
5292413
5292414
5292415
5292416
5292417
5292418
5292419
5292420
5292421
5292422
5292423
5292424
5292425
5292426
5292427
5292428
5292429
5292430

Property

Property
9 beds
Added > 14 days

Features and description

  • Mid 1800's Detached Villa
  • Currently Generating An Annual Income In Excess of £40,000
  • Flats And Cottage With Rental Income
  • All Units Are Currently Occupied.
  • Substantial Gardens
  • Further Potential To Create Additional Income
  • Parking For Over 10 Cars
  • Close to Newton Abbot Town Centre
  • Outstanding Panoramic Views
  • EPC - TBC

This delightful and substantial Victorian Villa is named after the 12th Duke of Somerset, Edward Seymour who built the property in 1853. This south facing Villa, the first on Knowle hill, was designed and positioned to maximise the panoramic views toward Wolborough Hill and onward toward the Dukes Berry Pomeroy Castle estate some 8 miles to the south.

The property still enjoys stunning views across the vibrant town of Newton Abbot which offers excellent facilities.

This main house is listed grade 2 although the rear parts are not. Consents have been acquired to extend / adapt the main build-ing and the former coach house to provide an extremely comfortable 3-bedroom, 3-bathroom residence with impressive south facing reception rooms together with super modern kitchen together with 5 discreet letting units producing a significant income.

The property lends itself to suit a variety of needs and also offers the ability separate off a further self-contained unit if needing to accommodate another family member or indeed maximise income. This is flexible elegant private accommodation that can only be fully appreciated by inspection.

Tenancies and Income

All the 4 apartment's, studio & cottage are let on 6 month AST's and offer (on a 60:40 split) about a 10% return on capital. We believe there is also tremendous scope for holiday / AirBnB lettings to increase the in-come from the fantastic demand in the post covid world for "staycation" holidays.

Accommodation

Please see Floor Plans for layout and approximate room sizes and total areas.

The grounds comprise a tarmacked drive-way rising to a level plateau. Each letting unit has an allocated space and the main house has parking for at least two vehicles.

The main house has private gardens to the western side gated from the parking area with large patio area enjoying the views, fish pond and storage sheds and a lower lawned area also with another shed.

There is also sperate communal garden to the rear of the site for the tenants use.

Newton Abbot has great communications with easy access to A380 at nearby Penn Inn connecting direct to the M5 at Exeter. There is a mainline station offering direct multiple outward and return connections to London Paddington in approximately 2hrs 35mins.

The area offers the ability to indulge in the best of Devons lifestyle with the 365 square mile Dartmoor national park a few miles to the north and the vibrant coastal towns of Dartmouth and Salcombe and plethora of beaches of the South Devon coastline. The area is also well served with schools with Stover Independent school and the renowned Torbay Grammar schools for both Boys and Girls at the other end of the South Devon link road 20 minutes away.

EPC

Main house - E

Cottage - D

Studio - C

Flats 1-4 - D

Property information from this agent

Visit agent website

About this agent

Absolute Sales & Lettings - Wellswood
Absolute Sales & Lettings - Wellswood
13 Ilsham Road Wellswood, Torquay TQ1 2JG
01803 912944
Full profileProperty listings
At Absolute Sales & Lettings we do modern estate agency a bit differently . We’re local and independent to our core, and always focus on delivering a totally bespoke approach to selling and letting properties, combining our local expertise and a powerful network with unique property marketing campaigns. Founding Director Simon Fisher first opened our doors in 2010, and are now proud to not only have 3 well-established offices across Torbay, but to also have been presented with multiple coveted awards, including ‘GOLD South West Regional Estate Agency' at the prestigious Negotiator Awards. We’re also incredibly proud and active supporters of our local charity, Rowcroft Hospice. When choosing Absolute, you’ll meet a devoted, experienced and well-connected team of property professionals who will work alongside you to make your home or investment property stand out from the crowd, ultimately achieving you the best price in the right timescale. Our innovative ethos has always put us at the forefront of contemporary estate agency, from the use of the latest property technology, to the modern designs of our offices and in-house marketing. Above all else, our primary goal is to provide you with an outstanding level of attentiveness, care and expertise. Our Torquay Sales branch is headed up by Director Darren Hole , who has been working in Torbay estate agency since 1997. Darren is assisted by our highly accomplished Torquay team, including Senior Property Consultants Tina Liddiard and Frank Earnshaw , who have been helping Torquay residents with their properties from our sleek Wellswood office since 2016. Selling your home is one of the biggest financial decisions you will ever have to make and choosing who to trust with this is key to a successful sale. Our vendors love our professional photography, bespoke brochures, 3D virtual tours and extensive social media marketing that we are able to offer, and buyers find them invaluable when selecting which properties to view. We’re also proud to have a highly-established lettings team, which is headed up by our Lettings Director Chelsey Earnshaw  who won the coveted 'Best Property Manager Gold Award' at the Sunday Times Letting Agency of the Year Awards. Chelsey is ably-assisted by our experienced Lettings Manager Natalie Cook . A unique part of our lettings service is that you'll be assigned a designated property manager who will look after you and all aspects of the lettings process, including ensuring your compliance. If you are looking for an agent to manage your property as if it was their own, we'd love to talk to you. 'Our vision is to always be the number one choice of agent in Torbay, Teignbridge and South Devon: To continue to be the first name that comes to mind when a landlord or vendor considers letting or selling their property, offering a service so good that our customers recommend us above all others. We are the most reliable, honest, friendly and caring agent with our brand recognised by everyone who will consider us to be the 'Absolute' best.' All of our advice is free and without obligation, so either give us a call or come and see us at our office at 13 Ilsham Road, Torquay for an informal chat and a cup of tea or coffee, so that we can help you with your moving or investment plans.
... Show more

See more properties like this

*Disclaimer and call rate information...