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See how verdicts work2-bedroom flat · TQ5 8BY
Listing removedReduced £3k (−2.1%) on 6 MarListed 417 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within walking distance of Brixham town centre, this attractive two bedroom first floor flat offers well-presented accommodation and a light-filled layout, perfectly suited for first-time buyers, investors, or those seeking a low-maintenance home close to local amenities.
All with the added benefit of no onward chain A Sainsbury’s Local is situated just down the road, while regular bus services pass by, connecting easily with surrounding areas.
The flat enjoys a south-east-facing aspect, ensuring plenty of natural light throughout the day. Heating is provided by electric wall mounted heaters.
The principal bedroom is a spacious double, while the second makes a comfortable small double or generous single.
Both are tastefully decorated, in keeping with the property’s modern, yet characterful finish.
The lounge/dining room is a welcoming living space, featuring an ornate wooden fireplace as a focal point and an open aspect to the front.
This room flows seamlessly through to the kitchen, fitted with sleek gloss white wall and base units, wood-effect worktops, and an integrated electric oven, hob, and cooker hood.
There is also provision for a fridge/freezer and washing machine, with a side-facing window providing additional natural light.
The bathroom is well equipped with a bath, Triton electric shower over with glass screen, WC, and pedestal basin, complemented by an electric heated towel rail.
A large airing cupboard houses the hot water tank and provides excellent storage Entrance The flat is approached via the external steps to the side of the building which in turn give access to a shared entrance foyer.
There is a private front door from this foyer opening to: Entrance Hall Living Room (14' 10'' x 13' 8'' (4.52m x 4.16m) overall maximum dimensions) Double glazed window with an open view.
Timber fire surround. Electric panel heater.
Arch to: Kitchen (9' 6'' x 6' 3'' (2.89m x 1.90m) overall) Fitted in a galley style with a range of gloss white faced wall and base units with wood effect worktops and up stands. Stainless steel sink.
Fitted four ring electric hob with concealed hood over and built in oven under. Spaces for washing machine and fridge/freezer. Double glazed window to the side.
Bedroom 1 (13' 9'' x 12' 5'' (4.19m x 3.78m) plus door recess) Double glazed window with an open aspect. Electric panel heater.
Bedroom 2 (9' 10'' x 9' 1'' (2.99m x 2.77m)) Double glazed window with an open aspect. Electric panel heater. Bathroom/W.C. (8' 2'' x 6' 2'' (2.49m x 1.88m)) Marble effect laminate wall cladding.
White suite of panelled bath with electric shower unit and shower screen, pedestal basin and close coupled W.C. Heated towel rail. Airing cupboard with hot water tank.
Lease Information The property is held on a 99 year lease from August 2017. Ground rent is £150per annum. Maintenance charge is in the region of £1,000 per annum. Long term letting is permitted.
Holiday letting and Pets are not. Agents Notes The ofcom website indicated that broadband and mobile phone reception are available at this address.
The property is on mains water, drainage and electric. There is no gas connection. The heating is via electric heaters. Council Tax Band: A Energy Performance Rating: E
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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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
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FAQ
About Flat 4 Brixham Villa, 123 New Road, Brixham
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