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Penn Meadows, Brixham

South West

£249,000
Listed on 11/02/2026

Property Details

Bedrooms
3
Type
Semi-detached house
Area
1046 sqft

Description

This extended semi-detached home on the desirable Penn Meadows offers a spacious layout with a wealth of renovation potential. With generous parking and a south-facing garden, this property is perfectly situated just moments from St Mary’s Beach and the scenic South West Coast Path. The location is ideal for families, with schools and local amenities within easy reach, as well as the vibrant Brixham town centre nearby. Notably, the property is being sold with no onward chain. The interior begins with an inviting entrance hall leading into a bright living room featuring a semi-bay window that brings in ample natural light. At the back of the house, you'll find a kitchen that presents an opportunity for modernization to create an open-plan space suitable for contemporary family living. A significant highlight of this home is the expansive side extension, which enhances both its size and versatility. This area includes a versatile bedroom or study - perfect for guests or working from home - alongside a utility room and WC. At the rear of the extension, there’s a sizable additional reception room that opens up various possibilities, whether as a family lounge or dining area. On the upper floor, the traditional layout comprises two double bedrooms and a smaller single bedroom with built-in storage, serviced by a family shower room. Outside, while the rear garden requires some landscaping attention, it presents great potential for transformation into an enjoyable outdoor space. The garden features several defined sections including a patio area next to the house, as well as existing installations like a pond, greenhouse, and shed—ideal for gardening enthusiasts. Moreover, off-road parking is provided both by resin-bound driveway surfaces and gravelled areas at the front. Additional features include UPVC double glazing and gas central heating via an efficient Worcester boiler located in the utility room.

Investment Analysis

(TQ5 area)

Below Market Value

This property is priced -28.0% below area average per sq ft

-28.0%
Potential saving
This Property
£238/sq ft
Area Average
£331/sq ft
Avg Rent (weekly)
£244
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
Target Value
£380,331
10% above area average per sq ft
Potential ROI
+33.9%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
26
Average per month
Market Turnover
22%
Properties sold annually

Local Market Trend (TQ5)

Area prices are rising by +4.1% over the last 12 months
3 year growth: -2.4%
5 year growth: +19.5%
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

Penn Meadows, Brixham
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£898
Based on a loan of £186,750 over 30 years at 4.06% 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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