# 2 bedroom cluster house for rent (TQ13 0HW)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 MEADOWBANK, NEWTON ABBOT, CHUDLEIGH KNIGHTON, DEVON TQ13 0HW |
| Price | £640 pcm |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 51 m² |
| Last sold | £95,000 May 2003 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 12/03/2030

### Recommendations
- B4 (600)
- W2 (6,000)
- E (15)
- N (6,000)
- U (5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8780-6527-6940-3077-7296)

## Description

A 2 bedroom house, situated in this popular residential area with easy access onto the A38 for Exeter or Plymouth, benefitting from double glazing, gas fired central heating and allocated parking for one vehicle

## Property Photos

- ![Photo 6](/listings/photos/88893209/368342) - Photo 6
- ![Photo 9](/listings/photos/88893209/368346) - Photo 9
- ![Photo 7](/listings/photos/88893209/368347) - Photo 7
- ![Photo 8](/listings/photos/88893209/368350) - Photo 8
- ![Photo 10](/listings/photos/88893209/368353) - Photo 10
- ![Photo 5](/listings/photos/88893209/368356) - Photo 5

## EPC Graphs

- ![Energy Perform...](/listings/photos/88893209/368360) - Energy Perform...

## 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)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,300/mo).*

- **Gross yield:** 2437.5%
- **Monthly cashflow:** £1,142/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7386.7%

*Gross yield = annual rent as % of price (no costs). 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:** £13/m²

## 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)