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4 bed shop with living accommodation for sale New Road, Brixham

Asking price

£295,000

Added two days ago

Type: Shop with Living Accommodation
Bedrooms: 4
Tenure: Freehold

Council tax Band B

About this property

Perfectly positioned on the level just moments from the vibrant town centre and picturesque harbour of Brixham, this substantial and highly versatile freehold property represents an exceptional opportunity for investors, developers, or buyers seeking a spacious home with strong income potential. Currently generating a combined income of £1755 per month (over 7%). The property comprises a prominent ground floor commercial unit, a generously proportioned four-bedroom maisonette above, a large sunny rear garden, and a parcel of land to the rear housing a double garage with exciting development potential.

Floorplan

Council tax

Band B

Location

New Road, Brixham

Open map Street View

Mortgage and stamp duty

Property price £295,000

£147k £443k

Deposit10% £30,000

£0 £295k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £265,000 mortgage. Most lenders would want a household income of about £59,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.