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See how verdicts work4-bedroom maisonette · TQ5 9JY
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Large maisonette with allocated parking space. Could be 4 beds + 1 reception room or 3 beds with 2 reception rooms. Great location near to local shop, schools & park. Chain free.
A fantastic opportunity to acquire a substantial maisonette arranged over 3 levels and enjoying independent access from Drew Street.
Formerly the old St Mary's Bakery, this stunning Grade II listed building has been split into 4 sizeable apartments.
Flat 4 is a 3 or 4 bed maisonette, with either 2 or 1 reception rooms, and the property comes complete with spacious double bedrooms, good size kitchen breakfast room, spacious bathroom and a useful study/ home office area.
The apartment is accessed from road level where a staircase leads to the first floor and gives access to the second floor. Overall the building has been well maintained and looked after.
The properties all enjoy their own allocated parking space to the rear of the building something which is very rare in the centre of this historic square.
The property is being offered for sale with a 1/4 share of freehold and new 999 year lease. The property will allow long and short term holiday lets and well behaved pets are permitted.
Maintenance charge of £50pcm (£600 annually). This pays for the building insurance with remaining funds going towards a reserve fund.
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
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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
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FAQ
About 104 Drew Street, Drew Street, Brixham
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