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Horsepool Street, Brixham

South West

£650,000
Listed on 28/12/2025

Property Details

Bedrooms
3
Type
Detached house
Area
4369 sqft

Description

Located in the historic area of Higher Brixham, this Grade II listed property, formerly a milking shed for Greenover Farmhouse, presents a unique opportunity for restoration and investment. Converted into a substantial three-bedroom home, the property retains much of its original character from the 18th/19th century while offering modern living amenities. With three generous reception rooms and two bathrooms, it provides ample space for family life. The expansive garden spans nearly half an acre, presenting valuable outdoor space rarely found in central Brixham. This plot not only allows for landscaping but also offers potential for additional leisure facilities or enhancements. Inside, the open-plan living area features a vaulted ceiling and exposed stonework that adds to the home’s charm. However, some areas could benefit from updates to align with modern standards. A significant aspect of this property is the unconverted barn adjacent to the main house. This outbuilding remains untouched and offers exciting possibilities: whether it be transforming it into additional living quarters, a workspace, or even expanding the existing residence (subject to planning permission). This feature enhances the overall investment potential significantly. With easy access to local amenities and picturesque coastlines nearby, this property stands out as an attractive option for those looking to make their mark in a desirable coastal town while cherishing its historical significance.

Investment Analysis

(TQ5 area)

Below Market Value

This property is priced -54.9% below area average per sq ft

-54.9%
Potential saving
This Property
£149/sq ft
Area Average
£330/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,586,187
10% above area average per sq ft
Potential ROI
+111.5%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
21
Average per month
Market Turnover
6%
Properties sold annually

Local Market Trend (TQ5)

Area prices are rising by +3.5% over the last 12 months
3 year growth: -3.4%
5 year growth: 22.8%
Investment Disclaimer: Analysis based on TQ5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Horsepool Street, Brixham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£2,381
Based on a loan of £487,500 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE