5 bed property for sale

New Road, Brixham TQ5

Three residential flats! This three-flat freehold in central Brixham offers strong yields and immediate income. Includes garden access, modern interiors, and a prime location just moments from the harbour. Attention investors!

Situated at the seaward end of New Road, just a short stroll from Brixham’s bustling harbour and town centre, this fully tenanted investment property presents an ideal opportunity for landlords seeking a high-yield, low-maintenance asset. Converted into three self-contained flats in 2015, the property comprises one spacious one-bedroom ground floor flat and two well-proportioned two-bedroom flats above—each offering modern living in a prime coastal location.

All three units have been comprehensively refurbished in recent years and are presented in excellent condition. The accommodation is bright, generously sized, and thoughtfully laid out to suit long-term tenants. Two of the flats enjoy direct access to a large private rear garden—an increasingly rare and desirable feature in central Brixham, enhancing rental appeal and tenant satisfaction.

Located in a highly convenient town centre setting, the property benefits from excellent access to local amenities, shops, and public transport. The area continues to see strong rental demand, and with tenants already in situ, the property provides immediate income for the new owner. The modern conversion and continued upkeep ensure compliance with all current safety and rental regulations, with all relevant certificates in place.

This investment offers a generous commercial yield and minimal ongoing maintenance requirements—ideal for both seasoned landlords and those looking to expand their portfolio with a dependable, high-performing asset. The blend of one- and two-bedroom accommodation allows for a diverse tenant base, helping to reduce the risk of vacancy.

Offered to the market at a competitive price to generate interest, this is a rare chance to secure a fully operational and income-generating freehold property in one of South Devon’s most sought-after coastal towns. Early viewing is strongly advised.