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Fore Street, Brixham TQ5

South West

£260,000

Listed on 23/04/2026

Property Details

Bedrooms
3
Type
Retail

Description

This substantial ground floor commercial unit, accompanied by a sizeable three-bedroom flat above, represents a unique investment opportunity in the heart of Brixham. Housed in a distinctive former bank building on Fore Street, known for its vibrant mix of retail and dining options, this property benefits from high foot traffic and an ideal location that connects residential areas to the bustling harbourside. The flexible layout of the ground floor spans approximately 125m2, previously housing a successful outdoor supplies shop for over a decade. It includes a spacious retail area of around 70m2, staff amenities (including two restrooms), dedicated storage spaces, and fitting rooms. The potential for various commercial uses is significant; possibilities range from continuing as a retail space to transforming it into galleries, cafés, or studios—all subject to necessary permissions. Above this commercial space lies an expansive first-floor flat also measuring approximately 125m2. Currently configured as a three-bedroom residence, it offers excellent potential for enhancement or reconfiguration to maximize rental income or create additional living space. This unit features large windows allowing ample natural light, charming period details, and access to a private garden area—ideal for owner-occupiers or as a lucrative rental option in this sought-after area. With currently pending planning applications (P2024/0482) that propose the subdivision of the ground floor into two retail units and the addition of two modern apartments above, this property is positioned perfectly for investors or developers looking to capitalize on its prime location and versatile usability.

Investment Analysis

(TQ5 area)
Area Average
£332/sq ft
Avg Rent (weekly)
£220
Avg Yield
3.7%

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
19
Average per month
Market Turnover
4%
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

Fore Street, Brixham TQ5
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£928
Based on a loan of £195,000 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.

Stamp Duty Calculator

This calculation uses non-residential (land/commercial) tax rates.

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