Summary - Stapleton House, 15 New Road, BRIXHAM TQ5 8LZ
1 bed 1 bath Flat
Ready-made rental with private parking near harbour and shops.
New 125-year lease with peppercorn ground rent
A compact, centrally located duplex flat with genuine buy-to-let appeal and immediate rental income. Positioned above a parade in Brixham’s town centre, the flat is offered with a new 125-year lease and currently let to a reliable tenant, making it an attractive ready-made investment.
The accommodation is arranged over two floors with two double bedrooms, a first-floor open-plan kitchen/living area and a second-floor bathroom. The property benefits from double glazing and private off-street parking — a rare convenience in this central location — helping to reduce day-to-day maintenance and enhance letting prospects.
There are practical drawbacks to note: the building shows external weathering and some roof issues, so external redecoration and minor repairs are likely soon. The immediate area scores as very deprived with above-average crime and a medium flood risk, which will affect both insurance costs and long-term capital perception. Internally the flat is compact and best suited to single occupants, couples or landlords aiming for a city-centre rental.
Overall, this is a straightforward, income-producing opportunity for investors seeking a central Brixham property with strong rental demand and the security of a long lease. Buyers looking for a primary home should be comfortable with a compact layout and planned external maintenance works.
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