We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom house · TQ5 8HL
Listing removedListed 472 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully restored Grade II listed one-bedroom cottage on historic Higher Street, just moments from Brixham harbour.
Full of charm and character, currently a successful holiday let and ideal coastal retreat.
No onward chain Tucked away on the picturesque and historic Higher Street, just a short stroll from Brixham’s vibrant harbour, Pilchard Cottage is a beautifully restored one-bedroom Grade II listed fisherman’s cottage, once a pilchard store and now an exceptional coastal retreat.
This charming bolthole has been extensively refurbished to a high standard and is currently operating as a successful holiday let, offering an exciting investment opportunity or a tranquil second home.
Inside, the cottage showcases a perfect fusion of character and comfort.
The open-plan living space is full of warmth and charm, featuring exposed timber beams, a painted stone feature wall, and a cosy electric fire.
The modern kitchen is well-equipped with an electric oven, two-ring hob, microwave, and fridge, complemented by a sleek breakfast bar - ideal for relaxed dining or a glass of wine after a day by the sea.
Upstairs, the generously proportioned double bedroom boasts a king-size bed, more exposed stonework, and skylights that bring in plenty of natural light.
The contemporary shower room offers a walk-in shower, basin, WC, and a heated towel rail, creating a boutique hotel feel.
While there is no dedicated parking, residents and visitors can make use of the town centre car park just a short walk away, or find on-street parking on nearby roads.
The cottage is perfectly placed to enjoy all Brixham has to offer - from the bustling harbour and seafood restaurants to coastal walks and independent shops - all within easy reach.
Whether you're looking for a turnkey holiday let, a weekend escape, or a charming bolt-hole by the sea, Pilchard Cottage is a standout opportunity in one of Devon’s most sought-after harbour towns.
Agent note: Under the Estate Agents Act 1979 (provision of information regulation 1991), we are required to point out that a vendor of this property is the relative an employee of L J Boyce Ltd.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
Agent & docs
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FAQ
About Pilchard Cottage 29, Higher Street, Brixham
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