2-bedroom flat · TQ5 0LG
Listing removedListed 598 days
Opportunity summary
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About
Enjoying a fantastic view of the famous Paignton to Kingswear steam railway line, this well presented two bedroom first floor flat is offered for sale with no onward chain.
Accommodation offers good size lounge/dining room with covered balcony leading off, comprehensive modern kitchen with built in appliances and two bedrooms and bathroom/w.c.
Large well tended, communal gardens surround and there is also a single garage in a nearby block. Gas fired central heating is installed along with double glazing and internal oak faced doors.
Fairway Close is a private development which comprises five blocks of ground and first floor flats, each with an adjoining bungalow, all of the properties have garages and there is also resident/visitor parking spaces.
Fairway Close is just a short walk away from Dartmouth Road where a bus service runs along to nearby Brixham and Paignton town centres. Churston Golf course and club are also within easy reach.
The picturesque coastal footpath and coastline can be reached on foot. Ground Floor Entrance Lobby Staircase up to the first floor and private door to number 25. Entrance Hall Cloaks cupboard.
Loft access hatch. Radiator. Storage cupboard housing Worcester combination boiler.
Part glazed oak finish door to: Lounge/Dining Room (15' 2'' x 13' 11'' (4.62m x 4.24m)) A generous size lounge/dining room with double glazed window to rear overlooking the steam railway line with Churston Golf course beyond.
Radiator.
Part glazed oak finish door to kitchen and double glazed door opening to: Covered Balcony (9' 11'' x 3' 6'' (3.02m x 1.07m)) An open balcony with balustrade, enjoying an outlook over the steam railway line and beyond.
Kitchen (9' 10'' x 6' 7'' (2.99m x 2.01m)) Good range of modern, cream faced wall and base cupboards. Wood effect working surfaces with inset one and a quarter bowl stainless steel sink and drainer.
Tiled surrounds. Built in microwave, integral dishwasher and full size fridge/freezer. Fitted electric fan assisted oven with four burner gas hob and cooker hood over.
Space/plumbing for washing machine. Window to side. Bedroom 1 (13' 11'' x 10' 8'' (4.24m x 3.25m)) Double glazed window. Radiator. Bedroom 2 (9' 11'' x 7' 9'' (3.02m x 2.36m)) Double glazed window.
Radiator. Bathroom/W.C. Comprising white suite of shower bath with curved screen to side, mixer tap and fitted overhead shower. Low level W.C. Two drawer vanity unit with inset washbasin and L.E.D.
Lit mirrored cabinet over. Tiled surrounds. Heated towel rail. Double glazed window. Outside Communal Gardens Well kept and good size communal gardens surround fairway Close.
Single Garage (15' 9'' x 8' 0'' (4.80m x 2.44m) approx) Located at the end of the garage block. Up and over door to front. Lease Information Lease: 999 year lease running from 1982.
Ground Rent £25 The service charge is approximately £1,075 per annum This includes building insurance and upkeep of the communal gardens along with some maintenance of the development.
Fairway Close runs its own management company and each leaseholder owns 1/25th of the Freehold. Letting is permitted (not holiday letting) Pets permitted.
Note Fairway Close is connected to mains services. The Ofcom website indicates standard and superfast broadband are available. Please check with your mobile provider for mobile coverage in the area.
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 25, Fairway Close, Brixham
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