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 %
- Est sale value
- 830,351.50 £Increased by 21.13 %
- Average area rental value
- 1,100.00 £/moIncreased by 8.70 %
- Est letting value
- 1,931.05 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.77 %Increased by 8.33 %
- Crime Rate
- 61.00 %Unchanged by 0.00 %
Agent Activity
Purplebricks marked this listing as sold.
Purplebricks created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Furzeham Primary School | Community School | Good | 0.31 KM |
| Furzeham Children'S Centre | Children's Centre Linked Site | 0.58 KM | |
| Eden Park Primary & Nursery School | Academy Converter | Good | 0.88 KM |
| Brixham Church Of England Primary School | Academy Converter | 0.94 KM | |
| Brixham College | Academy Converter | Good | 1.00 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Bank Lane | £ 0 | 0 | 0.00 KM |
| Market Street | £ 0 | 0 | 0.00 KM |
| Cavern Road | £ 270,000 | 0 | 0.00 KM |
| Cobden Steps | £ 0 | 0 | 0.00 KM |
| Kingswater Court | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Paignton | 3427 | PGN | 6.92 KM |
| Torquay | 3434 | TQY | 7.96 KM |
| Torre | 3432 | TRR | 9.34 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| New Road, Brixham, TQ5 | £ 240,000 | BUY | 5 / 10 | 0.00 KM |
| Brimlands Court | £ 139,950 | BUY | 6 / 10 | 0.02 KM |
| New Road, Brixham | £ 130,000 | BUY | 6 / 10 | 0.03 KM |
| New Road, Saxon Heights New Road, TQ5 | £ 209,750 | BUY | 5 / 10 | 0.05 KM |
| New Road, Brixham | £ 205,000 | BUY | 6 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| Flat 32 Saxon Heights | £ 250,000 | 0.05 KM |
| 10 Church Hill West | £ 137,500 | 0.08 KM |
| 14 Church Hill West | £ 260,000 | 0.08 KM |
| 12 Church Hill West | £ 125,000 | 0.08 KM |
| 8 Church Hill West | £ 48,000 | 0.08 KM |