Summary - Flat 2, 2 Fore Street TQ5 8DS
4 bed 2 bath Residential Development
Fully let mixed-use block—immediate income from retail and modern flats.
Two ground-floor commercial units with prominent Fore Street frontage
A high-yield, town-centre mixed-use block in Fore Street, Brixham, offering immediate income from two commercial units and two modern two-bedroom flats. Redeveloped in 2017 and newly renovated, the property is largely turnkey with contemporary fittings and good visibility at ground-floor level, making it well suited to investor portfolios seeking strong rental returns.
The building’s prominent Fore Street position delivers steady footfall for the retail units; the two residential flats are self-contained and designed for long-term tenancy or holiday-let flexibility. With tenants currently in situ and an impressive yield profile, this leasehold asset is positioned for hands-off ownership with minimal immediate capital outlay for repairs.
Buyers should note material negatives: the property is leasehold (118 years remaining) rather than freehold, is located in an area classed as very deprived with above-average crime, and has a medium flood risk—factors that may affect tenant mix, insurance costs and finance options. Broadband speeds are average, and the main heating is electric with boiler and radiators.
Overall, this is a straightforward acquisition for experienced investors prioritising immediate income and town-centre commercial exposure. The combination of modern build quality, central location and fully let units presents a clear rental-led opportunity, provided the purchaser assesses leasehold, insurance and local-area considerations beforehand.
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