# 2 bedroom semi-detached house for sale (TQ13 0HW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 3 MEADOWBANK, NEWTON ABBOT, CHUDLEIGH KNIGHTON, DEVON TQ13 0HW |
| Price | £140,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Last sold | £135,000 Apr 2017 |

## Description

A modern semi-attached two bedroom house, in a village close about ten miles from Exeter. No chain.

## Property Photos

- ![Photo 1](/listings/photos/55094326/368313) - Photo 1
- ![Photo 2](/listings/photos/55094326/368317) - Photo 2
- ![Photo 3](/listings/photos/55094326/368320) - Photo 3
- ![Photo 5](/listings/photos/55094326/368323) - Photo 5
- ![Photo 6](/listings/photos/55094326/368326) - Photo 6
- ![Photo 7](/listings/photos/55094326/368329) - Photo 7

## EPC Graphs

- ![Energy Perform...](/listings/photos/55094326/368331) - Energy Perform...

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #2212763
- **Address:** 3 Meadowbank, Chudleigh Knighton, Chudleigh, TQ13 0HW
- **Certificate Issued:** 28/03/2017
- **Work Completed:** 21/10/2004
- **Items:** 5 window(s), 1 door(s)

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 3 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £135,000 | 21/04/2017 | Semi-detached |
| 3 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £64,500 | 08/10/2001 | Semi-detached |
| 3 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £51,000 | 07/07/2000 | Semi-detached |

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 9 VOISEY CLOSE, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0GG | £295,000 | 27/11/2025 | Semi-detached |
| 1 GALES CREST, CHUDLEIGH, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0EZ | £270,000 | 20/10/2023 | Semi-detached |
| [Same street] 27 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £255,000 | 07/07/2023 | Terraced |
| 5 VOISEY CLOSE, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0GG | £295,000 | 07/10/2022 | Semi-detached |
| [Same street] 8 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £185,000 | 06/10/2022 | Terraced |
| 5 DEVON HEATH, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HA | £345,000 | 12/09/2022 | Semi-detached |
| [Same street] 26 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £270,000 | 26/07/2022 | Terraced |
| ROSSLYN PLYMOUTH ROAD, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0EN | £265,000 | 05/05/2022 | Semi-detached |
| 26 HARVEYS CLOSE, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0PE | £360,000 | 06/04/2022 | Semi-detached |
| [Same street] 6 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £170,000 | 01/12/2021 | Semi-detached |
| [Same street] 20 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £152,000 | 29/10/2021 | Flat |
| 3 VOISEY CLOSE, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0GG | £230,000 | 05/10/2021 | Semi-detached |
| [Same street] 29 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £182,500 | 24/09/2021 | Terraced |
| [Same street] 24 MEADOWBANK, CHUDLEIGH KNIGHTON, NEWTON ABBOT, TEIGNBRIDGE, DEVON, TQ13 0HW | £245,000 | 09/08/2021 | Terraced |

**Street average:** £208,500 (7 sales)
**Area average:** £294,286 (7 sales)

## Price vs local average

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

- **Local average:** £302,278 (18 Semi-detached, TQ13, 2024–2026)
- **Deviation:** -53.7%

## Rental Range

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

- **Low:** £851/mo
- **Realistic:** £946/mo
- **Optimistic:** £1,041/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 Detached House, Bed Lodge, TQ13 | £1,300/mo | 2 | 0.75 miles | OpenRent |

**Average rent: £1,300/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.93% (okay)
- **Max investor price (0.8%):** £162,500
- **Target investor price (1%):** £130,000

*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 £1,300/mo).*

- **Gross yield:** 11.1%
- **Cost-to-rent:** 9×
- **Monthly cashflow:** £594/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 17.5%

*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).*

## Capital growth trend

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

- **5y growth:** -1%
- **10y growth:** 53.5%

## House Price Index (HM Land Registry)

*Official index for Teignbridge; Semi-detached series; as of March 2026.*

- **1y growth (index):** 0%
- **5y growth (index):** 18.2%
- **10y growth (index):** 41.3%

## 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)