# 2 bedroom cottage for sale (TQ13 8AZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FARLEIGH COTTAGE, LOWER STREET, NEWTON ABBOT, CHAGFORD, DEVON TQ13 8AZ |
| Price | £295,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 116 m² |
| Last sold | £740,000 Apr 2019 |

## Description

Greystones Cottage is a Grade II Listed cottage with many character features and smart contemporary features. The cottage was re-thatched about six years ago and the accommodation is spacious for a cottage with a sitting room and fireplace, a dining room with a large stone fireplace, a fitted kitchen and a laundry/w.c downstairs. Upstairs is a large landing for a study or upstairs reception, two double bedrooms and a bathroom. Outside is a courtyard sitting area. This is a charming town cottage and Fowlers strongly recommend viewing.

## Property Photos

- ![Photo 12](/listings/photos/55412604/729796) - Photo 12
- ![Photo 7](/listings/photos/55412604/729797) - Photo 7
- ![Photo 13](/listings/photos/55412604/729800) - Photo 13
- ![Photo 8](/listings/photos/55412604/729803) - Photo 8
- ![Photo 4](/listings/photos/55412604/729806) - Photo 4
- ![Photo 3](/listings/photos/55412604/729811) - Photo 3
- ![Photo 10](/listings/photos/55412604/729814) - Photo 10
- ![Photo 12](/listings/photos/55412604/729816) - Photo 12
- ![Photo 15](/listings/photos/55412604/729820) - Photo 15
- ![Photo 11](/listings/photos/55412604/729822) - Photo 11
- ![Photo 15](/listings/photos/55412604/729824) - Photo 15

## Floorplans

- ![Floor plan](/listings/photos/55412604/729826) - Floor plan

## EPC Graphs

- ![Energy Perform...](/listings/photos/55412604/729829) - Energy Perform...

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| FARLEIGH COTTAGE LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £740,000 | 26/04/2019 | 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 |
|---------|-------|------|------|
| 1 PROUSE AVENUE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FL | £475,000 | 05/01/2026 | Detached |
| 3 - 5 LOWER STREET, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8AZ | £750,000 | 12/03/2025 | Detached |
| 15 HARES CLOSE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FG | £660,000 | 29/11/2022 | Detached |
| 16 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £530,000 | 27/05/2022 | Detached |
| 10 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £535,000 | 01/04/2022 | Detached |
| 31 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £350,000 | 11/02/2022 | Detached |
| 5 DROVERS LANE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FQ | £499,950 | 17/12/2021 | Detached |
| ARDGROOM VALLEY VIEW, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8BU | £670,000 | 10/12/2021 | Detached |
| 3 BRETTEVILLE CLOSE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DW | £380,000 | 30/11/2021 | Detached |
| 8 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £499,950 | 29/11/2021 | Detached |
| 4 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £405,000 | 26/11/2021 | Detached |
| 6 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £530,000 | 25/11/2021 | Detached |
| 2 HAMES WAY, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FP | £399,950 | 30/09/2021 | Detached |
| 32 LAMB PARK, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8DN | £375,000 | 30/09/2021 | Detached |
| 27 ELLIS DRIVE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FN | £435,000 | 03/09/2021 | Detached |
| 7 DROVERS LANE, CHAGFORD, NEWTON ABBOT, WEST DEVON, DEVON, TQ13 8FQ | £499,950 | 16/08/2021 | Detached |

**Area average:** £499,675 (16 sales)

## Price vs local average

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

- **Local average:** £622,269 (39 Detached, TQ13, 2024–2026)
- **Deviation:** -52.6%

## Rental Range

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

- **Low:** £755/mo
- **Realistic:** £839/mo
- **Optimistic:** £923/mo

## LHA (Local Housing Allowance)

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

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

## 1% Rule

- **Rent ratio:** 0.28% (weak for cashflow)
- **Max investor price (0.8%):** £104,875
- **Target investor price (1%):** £83,900

*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 Area rent estimate.*

## Price per Square Metre

- **£/m²:** £2,543/m²

## Capital growth trend

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

- **5y growth:** 45.2%
- **10y growth:** 71.9%

## House Price Index (HM Land Registry)

*Official index for West Devon; Detached series; as of March 2026.*

- **1y growth (index):** 6.4%
- **5y growth (index):** 19.8%
- **10y growth (index):** 44.4%

## 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)
