2-bedroom flat · TQ5 9RX
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Bedroomed Garden Flat enjoying views across the town and across the Bay. Good size living room, modern fitted kitchen and bathroom/wc. Access to a good sized terrace from bedroom 1. Available Now.
A purpose built 2 bedroom flat perched over Brixham town centre, with a panoramic outlook from All Saints Church across to the Harbour, Marina and Torbay.
A light and bright flat with its own private entrance from Mount Pleasant Road, which has on street parking. The flat has a modern fitted kitchen, bathroom, lounge and two good size bedrooms.
The flat has the benefit of a large part covered patio terrace, with stairs down to a good size level garden.
There are steps immediately down to the main street (Fore Street) with restaurants and amenities to hand and then just a short walk to the Harbour.
Agents Note - The EPC has been booked, the Council Tax is currently a Business and will be converted to Residential - both will be updated in due course. Some pets may not be allowed.
Due to Building Lease In order to qualify for a tenancy, the total annual income between tenants is a minimum of 30 times the monthly rent.
A holding deposit of one week’s rent secures the property whilst we process referencing. This is used towards your first months rent when tenancy starts.
Should you fail referencing or break the contract, payment is withheld. The deposit for the tenancy is 5 weeks rent. The rent and deposit must be cleared in our account before the tenancy starts.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Mount Pleasant Road, Brixham
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