New Road, Brixham, TQ5
PU

New Road, Brixham, TQ5

By Purplebricks

£ 240,000

Reviews

2 out of 5 stars

Purplebricks says ..

No Onward Chain. Fantastic investment opportunity, currently bringing in £1800pcm giving it a 8% yield. Five bedroom property currently split into a two bedroom maisonette, 2x one bedroom flats and one studio flat with private garden/terrace area and within 3.5 miles of Paignton Train Station m...

Property Oracle says ..

This property in Brixham, Devon, is a four-bedroom property currently divided into multiple rental units. Its location offers proximity to Brixham’s town centre and harbour. Nearby schools, including Furzeham Primary School, are within walking distance. Train stations are also within a reasonable commute. The property itself shows features of varying condition; the exterior is presentable, while the interior needs some updating and modernisation in several areas. Some rooms appear well maintained while others show signs of wear and tear. While the small garden area and terrace provide some outdoor space, it’s limited. The property’s current use as a rental investment with an 8% yield (according to the listing) is a notable aspect impacting its overall assessment. A buyer should expect to undertake refurbishment to maximize the value or maintain the property as a rental investment. The asking price of £240,000 seems fair considering the size, location, and the current rental yield. However, potential buyers should carefully assess the necessary refurbishment costs before committing to a purchase.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
5
Location
7
Land
3
Bedrooms
4
Bathrooms
4
Sqft (est)
1,931.05

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,241.00 £
Increased by 0.25 %
from 349,375.00 £
Est sale value
830,351.50 £
Increased by 21.13 %
from 685,522.75 £
Average area rental value
1,100.00 £/mo
Increased by 8.70 %
from 1,012.00 £/mo
Est letting value
1,931.05 £/mo
Unchanged by 0.00 %
from 1,931.05 £/mo
Est rental Yield
3.77 %
Increased by 8.33 %
from 3.48 %
Crime Rate
61.00 %
Unchanged by 0.00 %
from 61.00 %

Agent Activity

  • Purplebricks marked this listing as sold.

  • Purplebricks created the listing.

Nearby Schools

NameTypeOfstedDistance
Furzeham Primary SchoolCommunity SchoolGood0.31 KM
Furzeham Children'S CentreChildren's Centre Linked Site0.58 KM
Eden Park Primary & Nursery SchoolAcademy ConverterGood0.88 KM
Brixham Church Of England Primary SchoolAcademy Converter0.94 KM
Brixham CollegeAcademy ConverterGood1.00 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Bank Lane £ 000.00 KM
Market Street £ 000.00 KM
Cavern Road £ 270,00000.00 KM
Cobden Steps £ 000.00 KM
Kingswater Court £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Paignton3427PGN6.92 KM
Torquay3434TQY7.96 KM
Torre3432TRR9.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
New Road, Brixham, TQ5 £ 240,000BUY5 / 100.00 KM
Brimlands Court £ 139,950BUY6 / 100.02 KM
New Road, Brixham £ 130,000BUY6 / 100.03 KM
New Road, Saxon Heights New Road, TQ5 £ 209,750BUY5 / 100.05 KM
New Road, Brixham £ 205,000BUY6 / 100.05 KM

Nearby Properties

AddressPriceDistance
Flat 32 Saxon Heights £ 250,0000.05 KM
10 Church Hill West £ 137,5000.08 KM
14 Church Hill West £ 260,0000.08 KM
12 Church Hill West £ 125,0000.08 KM
8 Church Hill West £ 48,0000.08 KM