2-bedroom flat · TQ5 9TE
For saleReduced £5k (−2.3%) on 22 JunListed 245 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tucked away just moments from the bustling harbour and town centre of Brixham, this two bedroom flat offers a superb opportunity to own a light-filled coastal home in an enviable position with the added benefit of having no onward chain Set behind a private gated entrance, this well-presented apartment combines modern styling with a practical layout, all just a stone’s throw from the vibrant waterfront, independent shops, and eateries that make this charming fishing town so desirable.
Accessed via a handy entrance hall with space for shoes and coats, the property immediately feels welcoming and well organised.
The hallway opens into a bright and airy open-plan kitchen, dining and living space — the true heart of the home.
Finished in a clean, contemporary style, this generous room offers ample space for living room furniture, making it ideal for both relaxing and entertaining.
The modern kitchen is fitted with gloss white units complemented by wood-effect worktops, creating a fresh and stylish look.
There is an electric hob and oven, space for a washing machine, and room for an under-counter fridge freezer. A breakfast bar provides an informal dining option or a sociable space for morning coffee.
Additional practical features include an airing cupboard housing the hot water tank and a further storage cupboard, ensuring excellent storage throughout.
The bathroom is well-appointed and thoughtfully arranged, comprising a bath and separate shower, a basin set into a gloss white vanity unit, and a W.C.
Partially tiled walls and a heated towel rail add to the contemporary finish and comfort. There are two well-proportioned bedrooms.
Bedroom One is an impressively spacious room, currently arranged with bunk beds and a single bed, demonstrating its versatility and generous proportions.
From here, delightful sea glimpses can be enjoyed over the rooftops.
Bedroom Two is also a good-size double, with space for wardrobes and similarly attractive sea glimpses, offering a peaceful coastal outlook.
The apartment benefits from electric heating and is offered with a 999-year lease from 2013. The current maintenance charge is approximately £70 per calendar month, which includes ground rent.
Pets are permitted, and holiday letting is allowed, making this an appealing prospect for those seeking a holiday home or investment opportunity. Please note that long-term letting is not permitted.
With its private setting, modern finish, sea glimpses and exceptional proximity to the harbour and amenities, this superb penthouse apartment represents a rare chance to secure a stylish coastal retreat in the heart of Brixham.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Flat 4, The Penthouse, St. Peters Hill, Brixham
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