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See how verdicts workStudio flat · TQ5 8HS
Listing removedReduced £11k (−7.9%) on 14 JulListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain! Super one-bedroom studio flat nestled just above the Inner Harbour with a private courtyard enjoying some lovely harbour views.
Modern & stylish throughout and perfect for a holiday let or second home.
Tucked away just above Brixham’s vibrant Inner Harbour, this charming one-bedroom studio apartment is brimming with character and enjoys a private courtyard with delightful harbour views.
Perfectly positioned to soak up the atmosphere of this ever-popular coastal town, ‘The Lookout’ offers a wonderful blend of quirky charm, stylish presentation and low-maintenance seaside living.
Accessed via an unassuming entrance from Prospect Road, the property immediately surprises with its elevated outlook across the rooftops of Old Brixham, stretching towards the Breakwater and Lyme Bay beyond.
Steps lead down to a private courtyard garden - a real hidden gem and an ideal place to enjoy the morning sunshine over the harbour, while later in the day the space also benefits from warm western light.
Whether enjoying a quiet morning coffee, evening drink or summer BBQ, the courtyard offers a fantastic setting to relax and take in the lively harbour atmosphere below.
Internally, the apartment has been tastefully modernised throughout and is presented in excellent, move-in ready condition.
A useful entrance porch opens into the main living space, which feels bright, airy and welcoming with pleasant views back across the courtyard.
The open-plan layout creates a sociable and versatile living area, ideal for both relaxing and entertaining.
The kitchen has been stylishly fitted with contemporary units and integrated appliances including an electric oven and hob, fridge and undercounter dishwasher, combining practicality with modern design.
The bathroom is particularly spacious and finished in a fresh contemporary style, complete with feature exposed-brick effect tiling, a large corner shower, white suite and contrasting black fittings for a smart, modern finish.
The sleeping area has been cleverly screened to create a cosy and private bedroom space with room for a double bed and wardrobe storage, making excellent use of the accommodation on offer.
Whether as a lock-up-and-leave coastal retreat, a successful holiday let investment (subject to lease permissions), or an ideal first step onto the property ladder, this unique harbour-side home offers a fantastic opportunity in the heart of Brixham.
The property is held on a 999-year lease from 25th February 2014, with the seller also owning the freehold. There is no service charge or ground rent payable.
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 The Lookout Flat 2 13a, Prospect Road, Brixham
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