Sold STC Terraced

2 ALBANY STREET

NEWTON ABBOT, DEVON TQ12 2AN

2 beds 1 baths 71 m² Listed 26 Oct 2021 (-1691d)

£160,000

Guide Price

Reduced on 14 Sep 2022

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Property details

Tenure

FREEHOLD

Floor area

71 m²

Council tax band

B

Last sold

£165,000 Apr 2023

Local average

£213,831 (-25.2%)

Deprivation

Decile 3 (9,477 of 33,755)

Street crime

166 incidents within 1 mile (Apr 2026)

Key features

  • BUY TO LET INVESTORS ONLY
  • Two Double Bedrooms
  • Two Reception Rooms
  • Spacious Living Accommodation
  • Ensuite
  • Courtyard Garden

Additional details

Parking
Off street
Garden
Yes

Description

SUMMARY
This property is being sold to *INVESTORS ONLY*

Situated in the heart of Newton Abbot, sits this 2 bedroom mid-terraced property, the property comprises two bedrooms, courtyard garden and spacious living accommodation!


DESCRIPTION
INVESTORS ONLY Guide Price £160,000 - £170,0

Located in a handy sought after position just off the town centre sits this 2 bedroom mid-terraced property. The property comprises of two reception rooms, kitchen, downstairs bathroom, two double bedrooms (one with en-suite) and enclosed rear courtyard.

The first reception room is to the front of the property and is fitted with a gas radiator and double glazed window. The room boasts lots of natural light and a original fireplace.

The second reception room features an understairs cupboard along with a gas radiator and double glazed window. With light shining through from one end of the property to the other, it is light and airy throughout.

Leading into the kitchen area, which has integrated appliances for all your needs, it benefits from having lots of light. There is a downstairs bathroom which includes a toilet and basin with a 2 in 1 bath and shower combo.

As you make your way upstairs, you are greeted by the master bedroom and ensuite to your right and the guest room straight ahead.

Within walking distance of local amenities and a wide variety of shops, this is the perfect rental property providing fantastic public transportation links via Bus and Train.

Entrance Hallway 
uPVC double glazed front door.

Lounge 10' 2" x 10' 6" ( 3.10m x 3.20m )
Double glazed window to the front of the property, fireplace with timber surround, laminate timber effect floor and a wall mounted radiator.

Dining Room 13' 5" (reducing to 10'6") x 10' 6" ( 4.09m (reducing to 10'6") x 3.20m )
Double glazed window to the rear of the property, fireplace with surround, understairs storage cupboard and a wall mounted radiator.

Archway leading to..

Kitchen 11' 10" x 6' 7" ( 3.61m x 2.01m )
Double glazed window to the side of the property with a door leading to the rear courtyard. One and a half bowl stainless steel sink drainer, wall and base units, electric oven, gas hob. space for washing machine and fridge/freezer, gas boiler.

Bathroom 
Double glazed window to the side of the property, bath with mixer taps and shower attachment, wash hand basin, WC and a wall mounted radiator.

Bedroom 1 14' 1" x 10' 6" ( 4.29m x 3.20m )
Double glazed window to the front of the property, fireplace with timber surround and a wall mounted radiator.

Bedroom 2 10' 10" x 10' 6" ( 3.30m x 3.20m )
Double glazed window to the rear of the property, fireplace with timber surround, storage cupboard and a wall mounted radiator.

En Suite 
Double glazed window to the rear of the property, shower, wash hand basin, WC.



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Listed by

Newton Abbot

Connells

Reference: 115379165

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC

EPC

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #4233879

Property Details

Street: 2 Albany Street

Town: NEWTON ABBOT

Postcode: TQ12 2AN

Installation Details

Items: 1 door

Certificate Issued: 14/11/2006

Work Completed: 01/08/2006

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 05/04/2023 (3 years ago) £165,000

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
9 ELM ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AT £142,500 06/01/2026 Terraced
22 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £190,000 22/12/2022 Terraced
5 LEMON ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2BA £145,000 30/09/2022 Terraced
12 LEMON ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2BA £169,000 12/09/2022 Terraced
YEOS COTTAGE KING STREET, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2LG £190,000 26/08/2022 Terraced
21 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £190,000 12/04/2022 Terraced
32 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £172,500 11/03/2022 Terraced
14 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £186,000 04/03/2022 Terraced
30 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £170,000 16/02/2022 Terraced
12 ELM ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AT £180,000 06/12/2021 Terraced
10 CRICKETFIELD ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AS £235,000 08/11/2021 Terraced
13 ELM ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AT £182,500 21/10/2021 Terraced
22 GLADSTONE PLACE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2AW £169,000 18/10/2021 Terraced
13 LEMON ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2BA £137,500 20/08/2021 Terraced
11 LEMON ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2BA £130,000 03/08/2021 Terraced
22 LEMON ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 2BA £180,000 30/07/2021 Terraced

Area average: £173,063 (16 sales)

Capital growth trend

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

5y growth -11.1%
10y growth 14.7%

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

1y (index) -1%
5y (index) 17%
10y (index) 41.1%

Rental Range

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

Low £851/mo
Realistic £946/mo
Optimistic £1,041/mo

Based on Local Authority from postcode lookup → Teignbridge.

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

Location

Nearby

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

Type Name Distance
Shop Age UK 0.0 miles
Shop British Heart Foundation Home Store 0.0 miles
Bus stop The Avenue 0.2 miles
Bus stop Unknown 0.2 miles
Train station Newton Abbot 0.4 miles
Train station Goose Glen Halt 3.0 miles
Hospital Dawlish Community Hospital 6.7 miles
Hospital Moreton Hospital 11.5 miles

Street-level crime

Category Count
Violence and sexual offences 67
Shoplifting 35
Anti-social behaviour 31
Other theft 9
Criminal damage and arson 7
Public order 6
Other crime 4
Vehicle crime 3
Burglary 1
Drugs 1
Possession of weapons 1
Robbery 1
Total incidents 166

Within 1 mile during Apr 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
Bearnes Voluntary Primary School Primary 0.1 miles (Inspected (no overall grade))
Wolborough Church of England Nursery and Primary School Primary 0.1 miles Good — 16 Jul 2015
South Devon UTC Secondary 0.2 miles Good — 15 Nov 2021
All Saints Marsh CofE Academy Primary 0.2 miles Good — 16 Apr 2018
Newton Abbot College Secondary 0.4 miles (Inspected (no overall grade))

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 Terraced House, Elm Road, TQ12 £950/mo 2 0.06 miles OpenRent
2 Bed Terraced House, Elm Road, TQ12 £960/mo 2 0.06 miles OpenRent
2 Bed Terraced House, Kings Cottages, TQ12 £1,150/mo 2 0.08 miles OpenRent
2 Bed Flat, Kingsteignton Road, TQ12 £1,195/mo 2 0.11 miles OpenRent
2 Bed Flat, Royal Court, TQ12 £820/mo 2 0.12 miles OpenRent
2 Bed Flat, Kingsteignton Road, TQ12 £845/mo 2 0.12 miles OpenRent
2 Bed Penthouse, Regency Place, TQ12 £1,250/mo 2 0.16 miles OpenRent
2 Bed Detached House, Somerset Lodge, TQ12 £1,295/mo 2 0.16 miles OpenRent
2 Bed Terraced House, Hilton Road, TQ12 £1,000/mo 2 0.23 miles OpenRent
2 Bed Bungalow, Seymour Road, TQ12 £1,300/mo 2 0.34 miles OpenRent

Average rent: £1,077/mo (10 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.67%
Max investor price (0.8%) £134,375
Target investor price (1%) £107,500
Gross yield 8.1%
Cost-to-rent ratio 12.4×
Monthly cashflow £312/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 8.1%
  • 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).