We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · TQ5 9LB
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented First Floor Flat situated in a convenient location, a short walk to the harbour and near local store at St Mary's Square.
This 1 bed flat has the rare advantage of a sunny rear garden and an allocated parking space Enjoying a superb first-floor position in one of Brixham's most convenient locations, this beautifully presented purpose-built apartment combines bright, spacious accommodation with the rare advantage of a private sunny garden and allocated parking.
Situated on Drew Street, the property is just a short stroll from the bustling town centre and picturesque harbour, while also benefiting from a regular bus service nearby and the convenience of a local store at St Mary's Square.
Accessed via a private gated pathway to the side of the driveway, stairs rise to the first-floor entrance where a welcoming and naturally light hallway provides access to all of the principal accommodation.
To the front of the apartment, the generously proportioned sitting room enjoys an abundance of natural light together with an attractive open outlook across the neighbouring allotments, creating a wonderfully green and peaceful backdrop that is rarely found so close to the town centre.
The stylish modern kitchen sits alongside the lounge and is fitted with a contemporary range of units, offering both practicality and an attractive space for everyday cooking and dining.
The spacious double bedroom is beautifully presented and also benefits from the same delightful elevated outlook, providing a bright and relaxing space to unwind.
A smartly appointed bathroom completes the accommodation, finished in a modern style to complement the rest of the apartment. A particular highlight of this home is its private rear garden.
Rarely found with these first-floor apartments, the garden enjoys a sunny aspect, offers excellent privacy and includes useful storage, making it an ideal space for outdoor dining, gardening or simply relaxing in the sunshine.
Further benefits include gas central heating supplied by a modern Worcester combination boiler, UPVC double glazing and a private allocated off-road parking space positioned directly in front of the property.
The apartment is held on a 999-year lease from 2007, with no ground rent payable.
Building maintenance is managed on a straightforward 50/50 basis with the ground floor apartment on an as-and-when basis, helping to keep ongoing costs simple and manageable.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About 3 Mayflower Flats, Drew Street, Brixham
Explore nearby