2-bedroom terraced house · TQ5 9TE
Sold STCListed 60 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free! - A beautifully renovated and wonderfully characterful two-bedroom fisherman’s cottage, tucked away in the heart of Brixham’s historic harbour bowl, just moments from the waterfront.
Brimming with charm and featuring a superb sunny roof terrace and walled garden, this stylish coastal home is an ideal permanent residence, holiday retreat or lock-up-and-leave.
An exciting opportunity to acquire a beautifully renovated and wonderfully characterful fisherman’s cottage in the very heart of Brixham’s historic harbour bowl.
Positioned towards the lower end of St Peter’s Hill, the property is just a brief walk from Fore Street with the bustling harbour and waterfront approximately two minutes away on foot.
A maze of traditional pathways, steps and narrow lanes can be explored directly from the doorstep, making this an ideal permanent home, coastal retreat or lock-up-and-leave holiday home.
The cottage has been completely renovated from top to bottom by the current owners, creating a beautifully presented home which successfully combines modern comforts with the charm expected of a traditional Brixham fisherman’s cottage.
Character features include exposed limestone walls, timber beams and vaulted ceilings, while the accommodation is arranged over several interesting levels and comprises a living room, kitchen/dining room, ground-floor shower room and two bedrooms.
The kitchen/dining room is particularly impressive, finished with smart blue cabinetry complemented by solid wood block work surfaces, an inset Belfast-style sink, brass fittings and attractive tiled splashbacks.
The result is a stylish contemporary kitchen which sits perfectly alongside the cottage's period character.
There is also a smart ground-floor shower room fitted with a quality white suite and tiled surrounds, while a gas-fired combination boiler provides central heating and hot water.
The sleeping accommodation comprises two bedrooms, the first benefiting from useful built-in storage.
Stairs continue to the upper floor where the second bedroom provides another wonderfully characterful space, enhanced by an impressive vaulted ceiling which adds to the individuality and charm found throughout the cottage.
Outside space is a particular feature and a real bonus for such a central harbour property.
Immediately off the kitchen is a small lower courtyard providing access onto the adjoining side lane, while the main outside space is found on the middle floor.
Here, a generous roof terrace and walled garden provides a secluded and sunny spot to relax, dine and enjoy the surrounding outlook.
Finished with low-maintenance composite decking and framed by an attractive limestone wall, it creates a superb extension of the living accommodation during the warmer months.
With Brixham's harbour, waterfront, shops, cafés, pubs and restaurants all within a few minutes' walk, the location is difficult to beat.
Combining a superb harbour-bowl position, two bedrooms, excellent outside space and a comprehensive renovation, this charming cottage offers considerably more than first meets the eye.
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 Lantern Cottage, 9, St. Peters Hill, Brixham
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