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See how verdicts work2-bedroom flat · TQ5 0LG
Listing removedReduced £10k (−4.4%) on 16 JulListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two-bedroom first floor apartment, offering a high standard of accommodation throughout.
Situated within the Fairway Close development, the property enjoys well-maintained private communal grounds in the sought-after Churston area.
Description The apartment provides two well-proportioned bedrooms and a contemporary shower room/WC.
A spacious lounge/dining area opens onto a balcony, both enjoying attractive views across the communal gardens towards Churston Golf Club and the nearby steam railway line.
The modern fitted kitchen is accessed from the lounge. Externally, the development is surrounded by generous, well-kept communal gardens providing a peaceful setting.
The property also benefits from a single garage in a separate block, along with residents’ and visitor parking.
Location Fairway Close borders the historic Dartmouth Steam Railway, operating seasonal services between Paignton and Kingswear.
Nearby Churston Golf Club adds to the appeal, while the frequent No.12 bus provides easy access to Brixham and Paignton.
Everyday amenities are available at Churston Broadway, including a convenience store with post office, pharmacy and library.
The area also offers excellent access to coastal walks, beaches and the South West Coast Path, all within a short distance.
Directions What3words://coughed.mows.long Material Information Leasehold Property There is a 996 years lease on the property Ground Rent £25pa Maintenance Charge is £1,100pa (Building Insurance is included).
Increasing to £1,200 June 2026. There is no Management Company appointed, Fairway Close has an appointed Residents Committee. Not permitted to Holiday Let.
Council Tax Band - B (Torbay Council) Services - Mains Gas, Water and Electric Garage in the Block plus parking area for Residents and Visitors
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
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FAQ
About 19, Fairway Close, Brixham
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