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8 bedroom house share for sale

Norman Road, Paignton, Devon, TQ3 2BE

Guide Price* £200,000

Property Description

Key features

  • Licenced HMO investment, buy to let property.
  • Arranged over 3 floors with parking and gardens front and rear.
  • Seven separate bedsits and flats with existing tenants in place.

Full description

Tenure: Freehold

Unsold. Please refer to Auctioneer. **For Sale By Public Auction 03 November 2016 at Sandy Park Conference Centre, Sandy Park Way, Exeter, EX2 7NN To inspect the legal documents for this property go to our website to download the legal pack**

Guide Price - £200,000+

Paignton is in the heart of the English Riviera, between Torquay and Teignmouth. Local amenities include a water park, several sandy beaches, and cinema complex and many other amenities and shops.

Well presented property arranged as seven letting units, all currently let on Assured Shorthold Tenancies, accommodation comprises of four bedsits, two self contained one bedroom flats and one ground floor self contained two bedroomed apartment with outside courtyard. In addition there is a garden area to the front and a rear courtyard, off road parking to the rear for two vehicles. Full fire certificate in place and the property complies with local authority housing standards.

Ground Floor Front door to communal reception hall with window and stairs.
Bedsit 1-Room with shared use of first floor bathroom. Currently let on AST- £3380per annum.
Rear Ground Floor Flat-Private entrance to the rear of the property, kitchen, lounge, bathroom, two bedrooms, courtyard. Currently let on AST- £6240per annum.
First Floor Landing, bathroom, separate wc.
Bedsit 2-Room with kitchen having outlook to front, shared use of first floor bathroom. Currently let on AST- £3380per annum.Bedsit 3Room with kitchen having outlook to front, shared use of first floor bathroom. Currently let on AST- £3380per annum.
Bedsit 4-Room with kitchen having outlook to front, shared use of first floor bathroom. Currently let on AST- £3276per annum.Second Floor Landing.
Flat 5-Open plan lounge, kitchen, bedroom, shower and wc. Currently let on AST- £5200per annum.
Flat 6-Lounge, kitchen, bedroom, bathroom wc. Currently let on AST- £5200per annum.


Strictly by appointment with our joint agent Fulfords Paignton - 01803 527523

Please refer to the legal pack for full the details of the Assured Shorthold Tenancy agreements for each unit.

Listing History

Added on Rightmove:
05 October 2016


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*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Countrywide Property Auctions, South West on 0151 734 7509.

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