Pump Street, Brixham, TQ5 5 bed property for sale

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Pump Street, Brixham, TQ5 5 bed property for sale

Pump Street, Brixham, TQ5
£420,000

Our Summary

  • We are pleased to present a unique investment opportunity in a prime town centre location, offering four self-contained apartments and two spacious garages/stores
  • The remaining garage/store is currently vacant, offering flexibility for potential alternative use or further rental income
  • A unique investment opportunity

Description

This prime town centre property offers a unique investment opportunity, featuring four self-contained apartments and two spacious garages/stores. The apartments are currently occupied with assured short hold tenancies, generating a steady rental income stream, while one of the garages/stores is leased on a long ten-year agreement. The property boasts a strategic location near the vibrant harbour and local amenities, making it a sought-after area for investors. With an estimated yield of 9%, this property represents a lucrative opportunity for those seeking a profitable asset. The property can be sold as a whole or individual units can be separated and sold separately, offering additional revenue potential.