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5 bedroom house for sale
New Road, Brixham
£200,000
New Road, Brixham
£200,000
Our Summary
- ** FOR SALE BY AUCTION ** - A spacious mid-terrace investment property arranged over three floors and currently divided into three self-contained apartments, located near the seaward end of New Road, just a short distance from Brixham’s harbour and town centre
- Auction Guide Price: £200,000 – £220,000 (+ fees)Freehold | Part Let at £15,120 per annumThe property is to be offered online by Clive Emson Auctioneers on 24th July 2025
- To register to bid, view legal documentation or for general auction enquiries please contact the auctioneers or visit their website cliveemson
- ukLocated at the seaward end of New Road, just a short stroll from Brixham's picturesque harbour and vibrant town centre, this substantial mid-terrace property presents a superb investment opportunity
- Currently arranged as three self-contained apartments set over three floors, the property offers both immediate rental income and further potential for enhancement
- This flat is currently vacant, having previously been let at £700 per calendar month, offering scope for a new tenancy and an increase in annual income
- For Sale Via Auction
- Online Auction Opens 24th July '25
Description
This mid-terrace property in Brixham, South Devon, is a strong investment opportunity, currently divided into three self-contained apartments over three floors. The property is located near the harbour and town centre, with a large rear garden accessible from two of the apartments. The three flats are let on Assured Shorthold Tenancy Agreements, generating an annual income of £15,120. Flat 1 is let at £560 per month, Flat 2 is currently vacant, and Flat 3 is let at £700 per month. The property is being sold freehold with part vacant possession, offering scope for enhancement and increased rental income. With EPC ratings ranging from D to E, this is an ideal opportunity for investment buyers seeking a property with an established income stream in a popular coastal town.