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Fore Street, Brixham TQ5

South West

£260,000
Listed on 15/12/2025

Property Details

Bedrooms
3
Type
Detached house

Description

Presenting a noteworthy investment prospect in the heart of Brixham, this substantial ground floor commercial space is complemented by a spacious three-bedroom flat above, offering extensive renovation potential. The property, previously a well-established outdoor supplies store, boasts approximately 125 square meters of versatile ground floor space with high ceilings and ample natural light, perfect for various commercial applications such as retail or hospitality after necessary consent. The first-floor flat also spans around 125 square meters and provides an excellent canvas for refurbishment or reconfiguration, with the possibility of transforming it into a four-bedroom residence. Features like large windows and attractive period details add character to the living space while enhancing its appeal for long-term lets or holiday rentals. With an advantageous location on Fore Street—a key pedestrian route surrounded by thriving local businesses—this property offers significant foot traffic throughout the year. Additionally, ongoing planning permission could allow for subdivision of the commercial area into two retail units along with the creation of two modern residential units above, further increasing its income-generating potential.

Investment Analysis

(TQ5 area)
Area Average
£330/sq ft
Avg Rent (weekly)
£239
Avg Yield
4.0%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£75,000 - £120,000
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

Fore Street, Brixham TQ5
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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
£952
Based on a loan of £195,000 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