Sold STC End of terrace

117 DRAKE ROAD

NEWTON ABBOT, DEVON TQ12 4HN

2 beds 1 baths 72 m² Listed 4 Oct 2024 (-654d)

£175,000

Reduced on 20 Nov 2024

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# 2 bedroom end of terrace house for sale (TQ12 4HN)

## Property Details

| Key | Value |
|-----|-------|
| Address | 117 DRAKE ROAD, NEWTON ABBOT, DEVON TQ12 4HN |
| Price | £175,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £168,500 May 2025 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Expiry date:** 22/10/2034
- **Current heating cost:** £677/year
- **Est. upgrade cost to C:** £15,500

### Recommendations
- B (£500 - £1,500)
- W2 (£4,000 - £6,000)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9370-2617-7400-2224-0325)

## Description

The property has gas central heating, uPVC double glazing and gardens to the front and rear.

Forming part of this modern residential area close to primary schools, local shops, bus routes and Penn Inn serving both Exeter and Torbay, together with Newton Abbot town centre a short drive away where a further range of facilities and amenities can be found, to include secondary schools, railway station, leisure centre, high street shops, etc.

The property is being sold with no chain and would be an ideal investment opportunity or first time buy.

**DISCLAIMER:-**

These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed.  They do not constitute part or all of an offer or contract.  The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy.  We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition.  Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors.  Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents.  In order to make sure there is no delay in agreeing a sale, we would ask for cooperation.

## Property Photos

- ![Main Image](/listings/photos/153370910/1319339) - Main Image
- ![Picture 2](/listings/photos/153370910/1319340) - Picture 2
- ![Picture 3](/listings/photos/153370910/1319341) - Picture 3
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- ![Photo](/listings/photos/153370910/1319343)
- ![Photo](/listings/photos/153370910/1319344)
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- ![Photo](/listings/photos/153370910/1319347)
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- ![Photo](/listings/photos/153370910/1319349)
- ![Photo](/listings/photos/153370910/1319350)

## Floorplans

- ![Floorplan 1](/listings/photos/153370910/1319351) - Floorplan 1

## EPC Graphs

- ![EPC](/listings/photos/153370910/1319352) - EPC

## FENSA Certificates

This property has 2 FENSA certificate(s) on record.

### FENSA Certificate #9310142
- **Address:** 117 Drake Road, NEWTON ABBOT, TQ12 4HN
- **Certificate Issued:** 21/01/2013
- **Work Completed:** 03/01/2013
- **Items:** 2 door(s)

### FENSA Certificate #8875293
- **Address:** 117 Drake Road, NEWTON ABBOT, TQ12 4HN
- **Certificate Issued:** 28/05/2012
- **Work Completed:** 20/03/2012
- **Items:** 7 window(s), 1 door(s)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 117 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HN | £168,500 | 09/05/2025 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 66 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HW | £205,000 | 12/01/2026 | Terraced |
| 33 BUCKLAND ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DQ | £245,000 | 06/01/2026 | Terraced |
| 18 HOCKMORE DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FB | £92,000 | 15/12/2025 | Terraced |
| 39 FROBISHER ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HT | £270,000 | 14/11/2025 | Terraced |
| 44 FROBISHER ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HT | £260,000 | 21/12/2023 | Terraced |
| 26 RALEIGH ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HQ | £212,000 | 11/12/2023 | Terraced |
| 27 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU | £205,000 | 28/09/2023 | Terraced |
| [Same street] 93 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HN | £156,000 | 06/04/2023 | Terraced |
| 30 CHICHESTER WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HP | £220,000 | 07/12/2022 | Terraced |
| 2 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HL | £220,000 | 30/11/2022 | Terraced |
| 114 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HW | £220,000 | 18/11/2022 | Terraced |
| CHEEVOR PLACE 3 HAYTOR DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DU | £277,500 | 14/10/2022 | Terraced |
| 3 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU | £210,000 | 09/09/2022 | Terraced |
| 33 BUCKLAND ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DQ | £255,000 | 23/08/2022 | Terraced |
| 28 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU | £181,500 | 19/08/2022 | Terraced |
| 11 BARON WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FJ | £215,000 | 29/07/2022 | Terraced |
| 24 RALEIGH ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HQ | £227,500 | 23/06/2022 | Terraced |
| 72 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HX | £193,000 | 25/03/2022 | Terraced |
| 5 CAREW GARDENS, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DJ | £202,000 | 10/03/2022 | Terraced |
| 7 HAWKINS ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HJ | £240,000 | 11/02/2022 | Terraced |
| 48 HOCKMORE DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FB | £250,000 | 28/01/2022 | Terraced |
| [Same street] 105 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HN | £195,000 | 10/09/2021 | Terraced |

**Street average:** £175,500 (2 sales)
**Area average:** £220,025 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £214,043 (51 Terraced, TQ12, 2024–2026)
- **Deviation:** -18.2%

## Rental Range

*ONS Price Index of Private Rents (Teignbridge). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for South Devon (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £673/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Flat, Kingsteignton Road, TQ12 | £1,195/mo | 2 | 0.98 miles | OpenRent |
| 2 Bed Flat, Kingsteignton Road, TQ12 | £845/mo | 2 | 0.98 miles | OpenRent |

**Average rent: £1,020/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.58% (weak for cashflow)
- **Max investor price (0.8%):** £127,500
- **Target investor price (1%):** £102,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,020/mo).*

- **Gross yield:** 7%
- **Cost-to-rent:** 14.3×
- **Monthly cashflow:** £204/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.8%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £2,431/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -9.7%
- **10y growth:** 13.1%

## House Price Index (HM Land Registry)

*Official index for Teignbridge; Terraced series; as of April 2026.*

- **1y growth (index):** -3.6%
- **5y growth (index):** 12.7%
- **10y growth (index):** 35.6%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Floor area

72 m²

EPC rating

Last sold

£168,500 May 2025

Price per m²

£2,431/m²

Local average

£214,043 (-18.2%)

Deprivation

Decile 3 (6,837 of 33,755)

Street crime

121 incidents within 1 mile (May 2026)

Key features

END OF TERRACE HOUSE
SOLD WITH NO ONWARD CHAIN
LOUNGE
DINING AREA
KITCHEN
2 BEDROOMS
WET ROOM AND SEPARATE WC
GARDENS TO FRONT AND REAR
GAS CH AND DOUBLE GLAZING
IDEAL FTB OR INVESTMENT OPPORTUNITY

Additional details

Garden: Yes

Description

This end of terrace home comprises an entrance porch opening through to an entrance hall, sitting room opening into a dining area which leads onto a kitchen. On the first floor there are 2 bedrooms, a wet room and separate WC.

The property has gas central heating, uPVC double glazing and gardens to the front and rear.

Forming part of this modern residential area close to primary schools, local shops, bus routes and Penn Inn serving both Exeter and Torbay, together with Newton Abbot town centre a short drive away where a further range of facilities and amenities can be found, to include secondary schools, railway station, leisure centre, high street shops, etc.

The property is being sold with no chain and would be an ideal investment opportunity or first time buy.

DISCLAIMER:-
These particulars have been prepared with care and every endeavour has been made to describe the property fairly and accurately although this cannot be guaranteed. They do not constitute part or all of an offer or contract. The measurements are supplied for guidance purposes only and prospective purchasers are advised to double check them before incurring any expense which is reliant upon their accuracy. We have not tested any apparatus, equipment, fixtures, fittings or services and purchasers must satisfy themselves as to their working condition. Further the Agents have not sought to verify legal title of the property and purchasers must obtain the relevant information from their Solicitors. Under the Money Laundering Regulations purchasers will at a later stage be asked to provide identification documents. In order to make sure there is no delay in agreeing a sale, we would ask for cooperation.

Listed by

Newton Abbot

Sample Mills & Co

Reference: 153370910

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 23/10/2024

Expiry date: 22/10/2034

Current heating cost: £677/year

Potential heating cost: £498/year

Est. upgrade cost to C: £15,500

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Cavity wall insulation (£500 - £1,500)
Floor insulation (solid floor) (£4,000 - £6,000)
Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EPC

FENSA Certificates

This property has 2 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #9310142

Property Details

Street: 117 Drake Road

Town: NEWTON ABBOT

Postcode: TQ12 4HN

Installation Details

Items: 2 doors

Certificate Issued: 21/01/2013

Work Completed: 03/01/2013

This certificate data was retrieved from FENSA's database

FENSA Certificate #8875293

Property Details

Street: 117 Drake Road

Town: NEWTON ABBOT

Postcode: TQ12 4HN

Installation Details

Items: 7 windows and 1 door

Certificate Issued: 28/05/2012

Work Completed: 20/03/2012

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

Event	Date	Price	% change
Sold	09/05/2025 (1 year ago)	£168,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
66 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HW	£205,000	12/01/2026	Terraced
33 BUCKLAND ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DQ	£245,000	06/01/2026	Terraced
18 HOCKMORE DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FB	£92,000	15/12/2025	Terraced
39 FROBISHER ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HT	£270,000	14/11/2025	Terraced
44 FROBISHER ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HT	£260,000	21/12/2023	Terraced
26 RALEIGH ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HQ	£212,000	11/12/2023	Terraced
27 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU	£205,000	28/09/2023	Terraced
Same street 93 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HN	£156,000	06/04/2023	Terraced
30 CHICHESTER WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HP	£220,000	07/12/2022	Terraced
2 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HL	£220,000	30/11/2022	Terraced
114 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HW	£220,000	18/11/2022	Terraced
CHEEVOR PLACE 3 HAYTOR DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DU	£277,500	14/10/2022	Terraced
3 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU	£210,000	09/09/2022	Terraced
33 BUCKLAND ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DQ	£255,000	23/08/2022	Terraced
28 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HU	£181,500	19/08/2022	Terraced
11 BARON WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FJ	£215,000	29/07/2022	Terraced
24 RALEIGH ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HQ	£227,500	23/06/2022	Terraced
72 HOWARDS WAY, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HX	£193,000	25/03/2022	Terraced
5 CAREW GARDENS, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4DJ	£202,000	10/03/2022	Terraced
7 HAWKINS ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HJ	£240,000	11/02/2022	Terraced
48 HOCKMORE DRIVE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4FB	£250,000	28/01/2022	Terraced
Same street 105 DRAKE ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 4HN	£195,000	10/09/2021	Terraced

Street average: £175,500 (2 sales)

Area average: £220,025 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -9.7%

10y growth 13.1%

House Price Index (HM Land Registry — official index, not sold-price averages): Teignbridge. Series: Terraced. As of April 2026.

1y (index) -3.6%

5y (index) 12.7%

10y (index) 35.6%

Rental Range

Estimated market rent for Teignbridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £856/mo

Realistic £951/mo

Optimistic £1,046/mo

Based on Local Authority from postcode lookup → Teignbridge.

LHA (30th percentile) floor for South Devon: £673/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View TQ12 4HN

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Howards Way	0.1 miles
Bus stop	Unknown	0.1 miles
Shop	Nisa Local	0.3 miles
Shop	Buckland Post Office	0.3 miles
Train station	Newton Abbot	0.6 miles
Train station	Goose Glen Halt	3.8 miles
Hospital	Dawlish Community Hospital	5.9 miles
Hospital	Totnes Community Hospital	8.1 miles

Street-level crime

Category	Count
Violence and sexual offences	56
Anti-social behaviour	21
Criminal damage and arson	13
Other theft	8
Public order	8
Burglary	4
Other crime	4
Shoplifting	3
Possession of weapons	2
Robbery	1
Vehicle crime	1
Total incidents	121

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Glendinning Academy	Other	0.2 miles	Good — 13 Sep 2023
Haytor View Community Primary School	Primary	0.3 miles	Requires improvement — 18 May 2023
All Saints Marsh CofE Academy	Primary	0.8 miles	Good — 16 Apr 2018
Bearnes Voluntary Primary School	Primary	0.9 miles	— (Inspected (no overall grade))
South Devon UTC	Secondary	0.9 miles	Good — 15 Nov 2021

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
2 Bed Flat, Kingsteignton Road, TQ12	£1,195/mo	2	0.98 miles	OpenRent
2 Bed Flat, Kingsteignton Road, TQ12	£845/mo	2	0.98 miles	OpenRent

Average rent: £1,020/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%

Max investor price (0.8%) £127,500

Target investor price (1%) £102,000

Gross yield 7%

Cost-to-rent ratio 14.3×

Monthly cashflow £204/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 4.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

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