Drake Road, Newton Abbot, TQ12

Listed 22 Apr 2026 · price reduced 20 May 2026 · Newton Abbot
A substantial freehold property ideally positioned in the heart of Newton Abbot town centre, comprising two spacious and well presented flats. Each flat offers generous and well balanced accommodation, including bright living areas, fitted kitchens, and comfortable bedrooms, creating appealing and practical living spaces.
The property presents an excellent opportunity for investors seeking strong and consistent rental income, with the potential for good yields given its central location and high demand for rental properties in the area. Alternatively, it could suit those looking for multi generational living or a home with additional income potential.
Located within easy walking distance of a wide range of shops, cafes, amenities, and transport links, the property benefits from exceptional convenience, making it highly attractive to tenants and owner occupiers alike.
Please note that an Anti Money Laundering (AML) fee is payable by the buyer once an offer has been accepted. This fee covers the cost of carrying out the required identity verification and anti money laundering checks in accordance with current HMRC regulations. As these checks are undertaken immediately, the fee is non refundable once the verification process has been completed, even if the property purchase does not proceed.
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Median sold prices in TQ12 over the last 12 months: detached £375k · terraced £214k · semi-detached £270k · flat £143k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Apartment 8, Queens Gate, 142 - 148, Queen Street Newton Abbot TQ12 2EY | Flat Leasehold | 31 Jul 2026 | £120,000 |
| 28 Queen Street Newton Abbot TQ12 2EF | Other Freehold | 22 Apr 2026 | £317,500 |
| Flat 3, The Old Telephone Exchange, Queen Street Newton Abbot TQ12 2BG | Flat Leasehold | 14 Apr 2026 | £200,000 |
| 66 Queen Street Newton Abbot TQ12 2ER | Terraced Freehold | 1 Apr 2026 | £237,283 |
| 128 Queen Street Newton Abbot TQ12 2EY | Terraced Freehold | 11 Mar 2026 | £350,000 |
| Flat 71b, 71, Queen Street Newton Abbot TQ12 2AU | Flat Leasehold | 23 Jan 2026 | £100,000 |
| 1 The Courtyard Rear Of 58, Queen Street Newton Abbot TQ12 2EW | Flat Freehold | 19 Dec 2025 | £115,000 |
| Flat 2, The Old Telephone Exchange, Queen Street Newton Abbot TQ12 2BG | Flat Leasehold | 29 Sept 2025 | £215,000 |
| Ground Floor, Lemon Jelli, 45, Queen Street Newton Abbot TQ12 2AQ | Other Leasehold | 25 Jul 2025 | £100 |
| Flat73b, 71 - 73, Queen Street Newton Abbot TQ12 2AU | Flat Leasehold | 2 Apr 2025 | £85,000 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in TQ12
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Complete, Newton Abbot on Rightmove (original listing). First listed 22 Apr 2026; details checked 7 Nov 2026. Latest change: reduced on 20/05/2026.
Disclaimer - Property reference 101182025200. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Complete, Newton Abbot. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.




