1-bedroom bungalow · TQ5 8BX
For saleListed 691 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Highly Sought After Marine Residence - Situated on the idyllic coastline and South West Coastal Path overlooking Torbay.
Egret is the only detached property on the development and has proven to be a very successful holiday let.
1 Bedroom, family shower room, modern contemporary kitchen, open plan living room with doors opening onto a terrace with sea views. No onward chain.
'The Cove' at Fishcombe always proves to be a highly sought-after location, offering all the key elements that make an ideal holiday home: stunning views, a prime location near the water's edge, outdoor space, and parking.
With a beach just a short walk away and the South West Coastal Path running alongside the development, it has become a popular choice for holidaymakers and those seeking a second home in a peaceful setting, yet only a few minutes' walk from the vibrant port centre of Brixham.
Currently, the property is successfully let through Sykes Holiday Cottages and is being sold either as a going concern, with the furniture available by separate negotiation, or as a blank canvas, ready for a new buyer to use as they please.
Its modern, contemporary design is perfect for low-maintenance living and suits the marine environment.
The open-plan living area is bright and spacious, with a dining area and plenty of natural light. The kitchen is well-appointed, with built-in appliances.
The bedroom is light and roomy, with a handy storage cupboard. The shower room features a white suite and stainless steel fittings.
The property also benefits a wonderful decked terrace to the front and side, with lovely sea views - perfect for a Gin & Tonic in the evening!.
There is an allocated parking space in the main site car park, as well as additional visitor parking.
The maintenance charges are very reasonable, currently around £2000 per year, which covers site maintenance and management, insurance, swimming pool upkeep, site utilities, biannual window cleaning, groundskeeping, refuse collection, CCTV, an electronic gate entrance, and a sinking fund.
The lease has 125 years remaining from 21st March 2016. Ground rent of £267.28 per year.
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 advisors 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
FAQ
About Fishcombe Road, Brixham
Explore nearby
