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7 bedroom house of multiple occupation for sale
St. Michaels Road, Paignton, Devon, TQ4
£315,000
St. Michaels Road, Paignton, Devon, TQ4
£315,000
Our Summary
- It has consistently delivered a stable income with minimal hands-on involvement, making it an ideal low-maintenance investment opportunity
- There is also potential to extend the existing garage and convert it into two self-contained studio units, subject to the necessary planning permissions ACCOMMODATION Entrance Accessed through a wooden gate with steps leading to the entrance through a UPVC door to the spacious hallway with a turning staircase leading up to upper floor, under stairs storage, and access to: Communal kitchen 3
- Subject to planning permission and extension, it presents an excellent opportunity for conversion into two self-contained studio units
Description
This spacious semi-detached property in Paignton, Devon, is a successful HMO with seven bedrooms, six of which have en-suite facilities and kitchenettes. The property features a modern communal kitchen, utility room, and two enclosed courtyards with seating areas. Located in a popular residential area, the property is close to the town center, harbour, and seafront, offering a convenient and desirable lifestyle for residents. The property has been successfully owner-operated for several years and has consistently delivered a stable income with minimal hands-on involvement, making it an ideal low-maintenance investment opportunity. With potential to extend the garage and convert it into two self-contained studio units, subject to planning permissions, this property presents a unique and attractive investment opportunity.