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Total views: 2500+
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£415,0009 bedroom terraced house for sale
Palace Avenue, Paignton TQ3
Terraced house
9 beds
3 baths
Key information
Tenure: Leasehold | 999 yrs left
Council tax: Band C
Features and description
- Investment Property
- HMO Property
- 9 Letting Rooms
- Washing Room/Utility Room
- 999 Year Lease from 15th July 1988
- Great Turnover
Nestled in the heart of Paignton on the desirable Palace Avenue, this impressive terraced house presents a remarkable investment opportunity. Boasting nine well-appointed bedsits, this property is designed to accommodate multiple tenants, making it an ideal choice for those seeking a high-income venture.
The house features three bathrooms, ensuring ample facilities for residents, and is thoughtfully arranged into nine self-contained bedsits. This layout not only maximises the living space but also provides privacy and comfort for each tenant. The convenient location means that local amenities, transport links, and the beautiful Paignton seafront are all within easy reach, enhancing the appeal for potential renters.
This property stands out as a fantastic investment opportunity, particularly for those looking to enter the rental market or expand their existing portfolio. With the potential for a high income, it is a rare find in a sought-after area. Whether you are an experienced investor or new to the property market, this terraced house on Palace Avenue is certainly worth considering. Don't miss the chance to explore the possibilities that this property has to offer.
The accomodation briefly comprises of;
Rear Garden/ Entrance - The property is accessed via front door throught the rear courtyard area.
Utilities - The property is connected to mains gas, electric, water and sewage. Each of the letting rooms are fitted with electric sub-meters.
Heating - The property benefits from a gas boiler which provides hot water and heating throughout.
Tenure - The property is Leasehold with 999 years remaining and starting on the 15th July 1988
Asking Price - An asking price of £435,000
Vat - The proeprty is not elected for VAT.
Legal Costs - Each party with be resopnible for their own legal costs unless agreed otherwise.
Viewing - Viewing is highly recommended and can be arranged by prior appointment with Winfields Commercial Department.
Money Launderign Regulations 2017 - In line with The Money Laundering Regulations 2017, Winfields Commercial are obligated to verify ID for all clients that are conducting property transactions through the Company.
The house features three bathrooms, ensuring ample facilities for residents, and is thoughtfully arranged into nine self-contained bedsits. This layout not only maximises the living space but also provides privacy and comfort for each tenant. The convenient location means that local amenities, transport links, and the beautiful Paignton seafront are all within easy reach, enhancing the appeal for potential renters.
This property stands out as a fantastic investment opportunity, particularly for those looking to enter the rental market or expand their existing portfolio. With the potential for a high income, it is a rare find in a sought-after area. Whether you are an experienced investor or new to the property market, this terraced house on Palace Avenue is certainly worth considering. Don't miss the chance to explore the possibilities that this property has to offer.
The accomodation briefly comprises of;
Rear Garden/ Entrance - The property is accessed via front door throught the rear courtyard area.
Utilities - The property is connected to mains gas, electric, water and sewage. Each of the letting rooms are fitted with electric sub-meters.
Heating - The property benefits from a gas boiler which provides hot water and heating throughout.
Tenure - The property is Leasehold with 999 years remaining and starting on the 15th July 1988
Asking Price - An asking price of £435,000
Vat - The proeprty is not elected for VAT.
Legal Costs - Each party with be resopnible for their own legal costs unless agreed otherwise.
Viewing - Viewing is highly recommended and can be arranged by prior appointment with Winfields Commercial Department.
Money Launderign Regulations 2017 - In line with The Money Laundering Regulations 2017, Winfields Commercial are obligated to verify ID for all clients that are conducting property transactions through the Company.
Property information from this agent
About this agent
Winfields Commercial Agents & Chartered Surveyors - Commercial
Higher Huxham, Belmont Road,
Exeter
EX1 2HF
01392 914151Winfields is a family-run firm of Commercial Agents & Chartered Surveyors covering the South West. We provide specialist advice and personal service on all property matters with the aim of finding the most practical and cost-effective solution to your problem. Established in 1998, we have been successfully serving clients from both the private and commercial sectors throughout the South West for many years. As a multi-disciplinary practice, we feel that we differ from other agencies in the way that we work. We pride ourselves in our open and honest approach when offering advice to our clients. It goes without saying that client satisfaction is our primary driver and we will always endeavour to treat you with the utmost courtesy and respect. Our team of property agents and building surveyors have specialist knowledge in a number of industry-related areas, which means we can offer a wealth of experience and practical advice to our clients at all times.
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