Initial price	£875,000
31/10/24	£725,000
Price Change	-17.14%

This property, formerly a residential boutique care home, is located in the Teignbridge area of Devon and offers stunning panoramic views of the town of Newton Abbot and the surrounding countryside. The property is split into two sections, with planning approval already in place for both. The approved plans for section one include two two-bedroom apartments and four one-bedroom apartments, with similar plans proposed for section two. The property has a total of 31 ensuite bedrooms, two reception rooms, kitchen facilities, and a large site of approximately 0.31 acres, making it an ideal opportunity for redevelopment or refurbishment (subject to planning). The property is being sold by modern method of auction, allowing the buyer and seller to complete within a 56-day reservation period.