2-bedroom flat · TQ5 0SD
Listing removedListed 176 days
Opportunity summary
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About
First Floor Flat with courtyard style garden and off road parking space. 2 double bedrooms. No onward chain.
Situated in the sought-after area of Higher Brixham, this well-presented two-bedroom flat enjoys a convenient location close to local shops along Summercourt Way and within easy reach of a regular bus route.
The property benefits from its own private entrance, offering a sense of independence, as well as a generously sized courtyard-style garden-ideal for outdoor relaxation.
There is also the added advantage of off-road parking in the adjacent car park, providing convenience for both residents and visitors.
Access to the flat is via a small number of steps to the front door, or alternatively via more level access from the side through the private rear garden.
Upon entering, you are welcomed into a spacious L-shaped hallway, creating an immediate sense of space.
The hallway features two large built-in storage cupboards, perfect for coats and everyday essentials, along with a separate airing cupboard further along-ideal for linen and towels.
The living room is a standout feature, offering generous proportions with ample space for both a comfortable seating area and a dining space.
Large windows allow plenty of natural light to flood the room, creating a bright and airy feel.
A balcony accessed from the living room enjoys a pleasant southerly aspect with far-reaching open views-an ideal spot to relax or entertain.
Adjacent to the living room, the kitchen is both spacious and practical, with room for a small breakfast table or additional seating.
It is fitted with a range of appliances, and also houses the gas combi boiler, providing efficient heating and hot water.
The property offers two well-proportioned double bedrooms, both located at the rear and benefiting from a peaceful outlook and open aspect-perfect for creating calm and restful spaces.
In addition, there is a family bathroom and a separate WC. The property is held on the remainder of a 125-year lease from 1st April 1989.
Maintenance charges are approximately £600 per annum, and ground rent is £10 per annum.
With its spacious layout, private outdoor space, and convenient location, this flat presents an excellent opportunity for those seeking a comfortable and low-maintenance home in Higher Brixham.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 92, Chestnut Drive, Brixham
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