# 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

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.

## 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
- ![Photo](/listings/photos/153370910/1319342)
- ![Photo](/listings/photos/153370910/1319343)
- ![Photo](/listings/photos/153370910/1319344)
- ![Photo](/listings/photos/153370910/1319345)
- ![Photo](/listings/photos/153370910/1319346)
- ![Photo](/listings/photos/153370910/1319347)
- ![Photo](/listings/photos/153370910/1319348)
- ![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:** £215,503 (52 Terraced, TQ12, 2024–2026)
- **Deviation:** -18.8%

## 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 End Terrace, Foxhollows, TQ12 | £925/mo | 2 | 0.42 miles | OpenRent |
| 2 Bed Terraced House, Foxhollows, TQ12 | £900/mo | 2 | 0.45 miles | OpenRent |
| 2 Bed Terraced House, Kings Cottages, TQ12 | £1,150/mo | 2 | 0.91 miles | OpenRent |
| 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 |
| 2 Bed Terraced House, Hilton Road, TQ12 | £1,000/mo | 2 | 0.98 miles | OpenRent |
| 2 Bed Detached House, Somerset Lodge, TQ12 | £1,295/mo | 2 | 0.99 miles | OpenRent |

**Average rent: £1,044/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.57% (weak for cashflow)
- **Max investor price (0.8%):** £125,000
- **Target investor price (1%):** £100,000

*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 £1,000/mo).*

- **Gross yield:** 6.9%
- **Cost-to-rent:** 14.6×
- **Monthly cashflow:** £186/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4.4%

*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:** -10.3%
- **10y growth:** 13.8%

## 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)