The Barclay

Starting Price

£155,000

Invest From

£31,000

Location

Newton Abbot, Devon

Completed in

2023


Welcome to The Barclay – a genuinely remarkable residential development that seamlessly blends the historic charm of the past with the comfort of modern living. Once a prominent bank, this exquisite building has been thoughtfully transformed into a collection of 20 elegant one and two-bedroom apartments; each finished to a superior specification. 

The developer has meticulously retained and enhanced the original architectural features, including grand windows to create a unique and exclusive living experience. The result is a harmonious fusion of classical elegance and contemporary luxury.

The apartments themselves boast spacious layouts designed to maximise comfort and functionality. Each has been meticulously crafted with high- quality finishes and fixtures, offering a true sense of refinement. Whether you’re seeking your first home or a smart investment opportunity, these residences are perfectly suited to your needs.

The vibrant town centre location further adds to the allure of this exceptional development. With its bustling atmosphere, Newton Abbot offers a wealth of amenities right at your doorstep. Explore a variety of shops, boutiques, cafes and restaurants, providing endless opportunities for entertainment and relaxation.

For those who commute or love to explore beyond the town’s borders, the train station is conveniently situated within walking distance. This connectivity ensures easy access to nearby cities and attractions, making it an ideal location for work and leisure. 

Immerse yourself in the captivating history and contemporary elegance of this converted bank. With their superior specification, prime town centre location, and proximity to essential amenities, these one and two-bedroom apartments present an outstanding opportunity to own a piece of Newton Abbot’s legacy. Don’t miss your chance to participate in this exceptional living experience.

 

Investment Details:

  • 20% deposit payable on exchange of contracts.
  • Rental Yields: 6% on AST and 13.6% Short Term Lets 
  • Lease: 125 years from Jan 2023.
  • Ground Rent: Peppercorn
  • Units : 20 (17 x 1 beds and 3 x 2 beds)
  • Address : 40 Courtenay Street, Devon TQ12 2QS
  • 3 Top Golf courses within 15 Minutes
  • High employment rates
  • 15-minute drive to the beach

Invest From

£31,000

Estimated Rental Yields

13.6%

Appreciation

13.1%

Payment Plan Available

Yes

No. of Units Available

20

Area

Devon

Unit Type

1 Bedroom, 2 Bedroom
  • CCTV / Access Control
  • Lifts / Elevators
  • Transport and Nearby Attractions Connectivity
  • Secure bicycle storage

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