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4 bedroom terraced house for sale
New Road, Brixham, TQ5
£240,000
New Road, Brixham, TQ5
£240,000
Price History
Initial price | £325,000 |
07/11/24 | £260,000 |
03/12/24 | £240,000 |
Price Change | -26.15% |
Description
This five-bedroom property is a fantastic investment opportunity, currently generating £1800 per month in rental income, equivalent to an 8% yield. The property is currently divided into four dwellings, including a two-bedroom maisonette, two one-bedroom flats, and a studio flat, each with its own private garden or terrace area. The property is located just 3.5 miles from Paignton Train Station, making it ideal for families and investors alike. The property features a range of amenities, including a spacious kitchen-living room, separate lounge, bedroom, and bathroom on the ground floor, as well as a studio flat with direct access to a roof terrace and garden. The property is situated in a desirable location, close to schools, shops, and restaurants, and is being sold by online auction with a starting bid of £240,000.