Sold STC Bungalow

55 CASTLEWOOD AVENUE

NEWTON ABBOT, DEVON TQ12 1NY

2 beds 1 baths 667 sq ft Listed 9 Jul 2024 (-704d)

£275,000

Save
Main

Main Kitchen Lounge Bedroom Bedroom Garden Study Garden Main

/ 9

Property details

Tenure

FREEHOLD

Floor area

62 m²

Council tax band

TBC

EPC rating

E

Year built

England and Wales: 1967-1975

Last sold

£270,000 Oct 2024

Price per m²

£4,435/m²

Local average

£397,624 (-30.8%)

Deprivation

Decile 8 (26,789 of 33,755)

Street crime

68 incidents within 1 mile (Apr 2026)

Key features

  • Detached bungalow
  • Quiet area
  • Excellent transport links
  • Nearby local amenities
  • Two sunlit bedrooms
  • Spacious second room
  • Garden view reception room
  • Study for home office
  • Garage and extra parking
  • Private well-kept garden

Additional details

Parking
Yes
Garden
Yes

Description

Presenting an attractive detached bungalow for sale, some updating required, located in a quiet area with excellent public transport links and local amenities conveniently nearby. This property is perfect for couples seeking a peaceful living environment.

The home features two bedrooms, both bathed in natural light. The master bedroom creates a serene retreat, while the second room impresses with its spaciousness, offering many possibilities for customisation.

Additionally, the property features a single reception room, separate from the rest of the living spaces, and it provides a tranquil view of the garden, making it an ideal space to entertain or unwind.

The bungalow is also equipped with a galley kitchen, offering all the essential facilities for daily cooking and dining.

For those working from home, the property also includes a study, providing a quiet space for focused work or study.

Adding to the unique qualities of this property are a garage and additional parking space, which can accommodate multiple vehicles. To the rear of the property, you will find a well-kept garden, offering a private outdoor space for relaxation or social gatherings.

Overall, this property offers a blend of comfort, convenience, and unique features, making it an excellent choice for those looking for a detached bungalow in this area. Don't miss out on this opportunity to own a charming and well-located property.

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS:
We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

NEA240076/2

Listed by

Newton Abbot

Edward Rose Property Group - LSL Franchise

Reference: 150069992

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: B

Inspection date: 08/10/2020

Expiry date: 07/10/2030

Current heating cost: £608/year

Potential heating cost: £393/year

Est. upgrade cost to C: £14,975

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Hot water cylinder thermostat (£200 - £400)
  • Upgrade heating controls (£350 - £450)
  • Replace boiler with new condensing boiler (£2,200 - £3,000)
  • 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

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

6% since 2021

Event Date Price % change
Sold 11/10/2024 (1 year ago) £270,000 +5.9%
Sold 17/03/2021 (5 years ago) £255,000 —

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
15 HILL PARK ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NU £505,000 19/12/2025 Detached
THE BERRIES, 1 ELMWOOD AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1RS £263,500 23/10/2023 Detached
2 MARGUERITE CLOSE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1PA £312,000 29/09/2023 Detached
Same street 33 CASTLEWOOD AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NY £250,000 14/04/2023 Detached
55 APPLEGARTH AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1RU £318,000 12/01/2023 Detached
4 GAZE HILL, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QL £365,000 02/12/2022 Detached
13 HILL PARK ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NU £402,000 02/12/2022 Detached
97 HIGHWEEK VILLAGE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QQ £365,000 18/11/2022 Detached
13 CASTLEWOOD AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NX £325,000 31/10/2022 Detached
72 APPLEGARTH AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1RY £265,000 14/10/2022 Detached
41 ROSEMARY AVENUE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NT £410,000 03/10/2022 Detached
16 GAZE HILL, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QL £380,000 22/09/2022 Detached
15 HILL PARK ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NU £306,500 24/06/2022 Detached
24 NORMAN CLOSE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1PB £325,000 24/06/2022 Detached
89 HIGHWEEK VILLAGE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QQ £450,000 16/06/2022 Detached
30 NORMAN CLOSE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1PB £368,700 18/03/2022 Detached
10 GAZE HILL, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QL £401,800 14/03/2022 Detached
3 HILL PARK ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1NU £307,500 08/03/2022 Detached
46 MILE END ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1RW £475,000 03/02/2022 Detached
38 HIGHWEEK VILLAGE, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1QQ £294,000 12/01/2022 Detached
ARDEN COTTAGE COOMBESHEAD ROAD, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ12 1PZ £445,000 20/12/2021 Detached

Street average: £250,000 (1 sale)

Area average: £364,200 (20 sales)

Capital growth trend

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

5y growth -4.4%
10y growth 28.4%

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

1y (index) -0.5%
5y (index) 16.2%
10y (index) 39.1%

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

Map view View on Google Maps View on OpenStreetMap Street View TQ12 1NY

Nearby

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

Type Name Distance
Bus stop Ashburton Road 0.1 miles
Shop Unknown 0.3 miles
Train station Newton Abbot 1.5 miles
Train station Goose Glen Halt 1.9 miles
Hospital Dawlish Community Hospital 7.6 miles
Hospital Moreton Hospital 10.6 miles

Street-level crime

Category Count
Violence and sexual offences 32
Anti-social behaviour 12
Other theft 5
Shoplifting 5
Public order 4
Criminal damage and arson 3
Other crime 3
Vehicle crime 2
Bicycle theft 1
Robbery 1
Total incidents 68

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
Bradley Barton Primary School and Nursery Unit Primary 0.4 miles Good — 27 Feb 2012
St Joseph's Catholic Primary School Primary 0.5 miles Requires improvement — 28 Jan 2024
School for Inspiring Talents Other 0.5 miles Good — 19 Jan 2022
Coombeshead Academy Secondary 0.6 miles Good — 26 Apr 2023
Highweek Community Primary and Nursery School Primary 0.7 miles Good — 18 May 2023

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 Semi-Detached House, Burnley Road, TQ12 £1,000/mo 2 0.28 miles OpenRent
2 Bed Detached House, Spurge Road, TQ12 £995/mo 2 0.64 miles OpenRent
2 Bed Flat, Burnet Road, TQ12 £1,050/mo 2 0.73 miles OpenRent
2 Bed End Terrace, Pomeroy Road, TQ12 £1,200/mo 2 0.85 miles OpenRent
2 Bed Terraced House, Pomeroy Road, TQ12 £895/mo 2 0.86 miles OpenRent

Average rent: £1,028/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.36%
Max investor price (0.8%) £125,000
Target investor price (1%) £100,000
Gross yield 4.4%
Cost-to-rent ratio 22.9×
Monthly cashflow £-208/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -3.1%
  • 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).