1-bedroom flat · TQ5 9LB
Listing removedListed 81 days
Opportunity summary
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About
Ground Floor Garden Apartment | Private Sunny Garden | Allocated Parking | No Chain – A beautifully presented one-bedroom apartment with its own private garden, generous double bedroom and allocated parking, just a short stroll from Brixham harbour and town centre.
Positioned in an exceptionally convenient location on Drew Street, just moments from Brixham's vibrant town centre and picturesque harbour, this neatly presented purpose-built ground floor garden apartment offers an ideal combination of modern comfort, private outdoor space and practical convenience.
With an allocated parking space directly outside, a sunny private garden and no onward chain, this is an outstanding opportunity for first-time buyers, downsizers, investors or those seeking a low-maintenance coastal home.
A welcoming entrance hall provides access to all of the principal accommodation, creating a practical and well-planned layout throughout.
To the front of the property, a generously proportioned sitting room enjoys an abundance of natural light, creating a bright and inviting living space ideal for relaxing or entertaining.
The stylish contemporary kitchen is fitted with an attractive range of modern units and offers excellent workspace, making it a practical yet elegant room for everyday living.
Set quietly to the rear, the impressive double bedroom is a particularly generous size and benefits from patio doors opening directly onto the private rear garden, allowing the outside space to become a natural extension of the home during the warmer months.
The enclosed rear garden provides a wonderfully private, sunny and low-maintenance retreat, perfect for outdoor dining, morning coffee or simply enjoying a peaceful afternoon in the sun.
Further benefits include gas central heating supplied by a modern Worcester combination boiler, UPVC double glazing and an allocated off-road parking space situated immediately in front of the property.
The location is one of the apartment's strongest attractions.
Brixham's bustling harbour, waterfront restaurants, independent shops and town centre amenities are all within easy walking distance, while a regular bus service passes nearby, providing straightforward connections throughout Torbay.
A convenience store at nearby St Mary's Square caters perfectly for everyday essentials.
Offered for sale with no onward chain, the apartment is held on a 999-year lease from 2007, with no ground rent payable.
Building maintenance is managed on a straightforward 50/50 basis with the upstairs apartment as required.
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
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FAQ
About 1 Mayflower Flats, Drew Street, Brixham
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