2-bedroom bungalow · TQ5 9SS
For saleReduced £10k (−3.2%) on 1 OctListed 319 days
Opportunity summary
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About
Tucked away at the head of a cul de sac through double gates, this detached bungalow with its two garages and additional building along with lots of parking has lots to offer!
The bungalow itself is beautifully presented and provides two double bedrooms, bathroom/w.c. Lounge and super fully fitted kitchen/dining room which was replaced in 2021.
Gas fired central heating is installed along with double glazing.
Unusually this property has the benefit of a large parking forecourt, two single garages and further building that is currently used as a games room/den, this room could suit many uses as perhaps home office, workshop or variety of other uses.
The property and buildings would be ideal for a car/bike enthusiast!
Rea Drive is located at the end of Great Rea Road and is within easy walking distance of the town center, harbour and marina, the local bus service also runs into the town center.
A Co-Op convenience store is just a short stroll away on Great Rea Road. Entrance Hall Wood effect flooring. Radiator. Loft access hatch. Doors to all principle rooms.
Lounge (17' 4'' x 9' 10'' (5.28m x 2.99m)) Double glazed window to front. Radiator.
Kitchen/Dining Room (14' 7'' x 9' 10'' (4.44m x 2.99m)) A beautifully fitted kitchen which was installed in 2021, comprising good range of wall and base cupboards, complimentary working surfaces with inset ceramic one and a quarter bowl sink and drainer with mixer tap over.
Attractive mosaic tiled splash backs surrounding. Integral dishwasher, washing machine and fridge/freezer. Built in electric double oven/grill and halogen hob. Radiator.
Double glazed window and door opening to the rear garden. Ample space for dining table and chairs. Bedroom 1 (11' 9'' x 11' 7'' (3.58m x 3.53m)) Double glazed window to rear aspect. Radiator.
Wood effect flooring. Bedroom 2 (11' 9'' x 8' 1'' (3.58m x 2.46m)) Double glazed window to front. Wood effect flooring. Radiator. Bathroom/W.C.
White suite comprising: Shower bath with curved shower screen, mixer tap with shower attachment over. Close coupled W.C. And pedestal wash basin with fitted cupboard with mirror over.
Tiled floor and surrounds. Radiator. Obscure double glazed window to rear. Outside Garage 1 (15' 8'' x 8' 2'' (4.77m x 2.49m)) Up and over door to front. Light and power point.
Walk through space to: Garage 2 (15' 8'' x 8' 2'' (4.77m x 2.49m)) Up and over door to front. Light and power point.
Games Room/Bar (15' 0'' x 16' 1'' (4.57m x 4.90m)) A very useful room that could be of many uses, such as home office, workshop or hobby room, it is currently used as games room and bar, the bar itself is being included in the sale.
Rear Garden An easy to maintain walled rear garden which has pathways both ends to the front. The garden is mainly laid to lawn with a decked seating area to one end.
Council Tax Band C Energy Rating C
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.
Area
Agent & docs
FAQ
About 12, Rea Drive, Brixham
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