£750,000
10 bed block of flats for saleDa Vinci Apartments, New Road, Brixham TQ5
10 beds
10 baths
5 receptions
EPC Rating: C
Just added
Freehold
About this property
Freehold Block
Five Spacious Two Bedroom Apartments
Beautiful Church Conversion
Allocated Parking For Each Apartment
Purpose Built Residential Development
Prime Location Close To Brixham Harbour & Town
High Demand Costal Rental Location
Excellent For Long Term Capital Growth
Da Vinci Apartments, New Road, Brixham, Tq5 8Nl
An outstanding opportunity to acquire a freehold block Da Vinci Apartments, comprising a purpose built block of five self contained residential apartments in a sought after location close to Brixham town centre and harbour. The building consists of five individual apartments, each offering two bedrooms, two bathrooms, a spacious reception room and a fitted kitchen, with some apartments also benefiting from a separate third WC. Every apartment includes an allocated parking space, adding significant appeal. This is a rare opportunity to purchase an established residential block in a strong coastal location, providing an attractive asset for investors seeking a well configured multi unit freehold investment.
Brixham is one of South Devon's most desirable coastal towns, forming part of the English Riviera and renowned for its picturesque harbour, bustling marina and vibrant waterfront. The town offers an excellent selection of independent shops, cafés, restaurants and local amenities, together with beautiful coastal walks and easy access to the South West Coast Path. Excellent transport links connect Brixham with Torquay, Paignton and the wider South Devon area, while its combination of coastal lifestyle and year round community continues to drive strong demand for residential property.
As a freehold block of five apartments, Da Vinci Apartments presents an excellent investment opportunity with multiple income streams from a single asset. The generous accommodation and allocated parking contribute to broad tenant appeal and support long term occupancy, making this an attractive acquisition for investors seeking a well positioned freehold asset with the potential for reliable rental income and future capital appreciation.
Financial Breakdown
Gross Rent: £52,800.00
Net income: £50,172.55
Gross yield: 7.04%
Net yield: 6.69%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08594
An outstanding opportunity to acquire a freehold block Da Vinci Apartments, comprising a purpose built block of five self contained residential apartments in a sought after location close to Brixham town centre and harbour. The building consists of five individual apartments, each offering two bedrooms, two bathrooms, a spacious reception room and a fitted kitchen, with some apartments also benefiting from a separate third WC. Every apartment includes an allocated parking space, adding significant appeal. This is a rare opportunity to purchase an established residential block in a strong coastal location, providing an attractive asset for investors seeking a well configured multi unit freehold investment.
Brixham is one of South Devon's most desirable coastal towns, forming part of the English Riviera and renowned for its picturesque harbour, bustling marina and vibrant waterfront. The town offers an excellent selection of independent shops, cafés, restaurants and local amenities, together with beautiful coastal walks and easy access to the South West Coast Path. Excellent transport links connect Brixham with Torquay, Paignton and the wider South Devon area, while its combination of coastal lifestyle and year round community continues to drive strong demand for residential property.
As a freehold block of five apartments, Da Vinci Apartments presents an excellent investment opportunity with multiple income streams from a single asset. The generous accommodation and allocated parking contribute to broad tenant appeal and support long term occupancy, making this an attractive acquisition for investors seeking a well positioned freehold asset with the potential for reliable rental income and future capital appreciation.
Financial Breakdown
Gross Rent: £52,800.00
Net income: £50,172.55
Gross yield: 7.04%
Net yield: 6.69%
Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08594
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