23 & 23A Bolton Street, Brixham, Devon TQ5 9BZ

South West

£95,000

Listed on 29/04/2026

Property Details

Bedrooms

Type

Terraced

Description

This property presents a strategic investment opportunity, featuring approved planning permission from Torbay Council (application reference P/2023/0865) for the conversion of existing ground floor commercial space and an upper floor maisonette into two separate residential units. Each unit is designed to provide approximately 103 sq.m of living space, ideal for the modern market. Given the current state of the building, a complete redevelopment is recommended rather than attempting to restore its previous mixed-use form. Located in Brixham, part of the picturesque English Riviera and close to local amenities such as shops, cafes, and the marina, this site holds significant potential for those looking to capitalize on the demand for contemporary coastal living.

Investment Analysis

(TQ5 area)

Area Average

£332/sq ft

Avg Rent (weekly)

£220

Avg Yield

3.7%

Renovation Potential

Heavy Refurb

Est. Renovation Cost

£100,000 - £150,000

Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.

Monthly Sales

Average per month

Market Turnover

Properties sold annually

Local Market Trend (TQ5)

Area prices are falling by -4.5% over the last 12 months

3 year growth: -9.0%

5 year growth: +8.3%

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

23 & 23A Bolton Street, Brixham, Devon TQ5 9BZ

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Property Price

Household Income

Deposit

Deposit %

Interest Rate

Repayment Period

years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments

£339

Based on a loan of £71,250 over 30 years at 3.97% 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.