Manor Road, Paignton

SUMMARY
this 12-bedroom HMO on Preston seafront represents an exceptional investment opportunity with an impressive 13.51% yield. The property's strategic location, combined with its well-designed communal spaces and individual living areas, caters to a diverse range of tenants.


DESCRIPTION
Guide £375,000 - £400,000. Introducing a remarkable investment opportunity: a 12-bedroom HMO located in the highly sought-after Preston seafront area, offering a lucrative 13.51% yield. The surrounding area of Preston seafront is renowned for its picturesque landscapes and vibrant community. Tenants will enjoy easy access to local amenities, including shops, cafes, and restaurants, enhancing their living experience. Additionally, excellent transport links ensure that residents can conveniently reach nearby towns and cities, further increasing the property's appeal.

Accommodation 
uPVC entrance door leading into

Ground Floor 

Bedroom One 10' 2" max x 8' 8" max ( 3.10m max x 2.64m max )

Ensuite 

Utility 12' 1" max x 5' 4" max ( 3.68m max x 1.63m max )

Kitchen 12' 1" max x 12' max ( 3.68m max x 3.66m max )

Kitchen 16' 2" max x 13' 1" max ( 4.93m max x 3.99m max )

Lounge 15' 6" max x 14' max ( 4.72m max x 4.27m max )

First Floor Landing 
Doors off to principle rooms

Bedroom 10 11' 11" max x 9' 1" max ( 3.63m max x 2.77m max )

Bedroom 8 12' 6" max x 6' 5" max ( 3.81m max x 1.96m max )

Bedroom 5 16' max x 6' 9" max ( 4.88m max x 2.06m max )

Bedroom 11 11' 5" max x 6' 7" max ( 3.48m max x 2.01m max )

Bedroom 6 14' 8" max x 6' 10" max ( 4.47m max x 2.08m max )

Bedroom 4 17' 8" max x 7' 9" max ( 5.38m max x 2.36m max )

Bathroom  

Seperate Wc 

Second Floor 
Doors off to principle rooms

Bedroom 9 13' 1" max x 6' 11" max ( 3.99m max x 2.11m max )

Bedroom 3 16' 4" max x 9' 2" max ( 4.98m max x 2.79m max )

Bedroom 12 12' 4" max x 6' 9" max ( 3.76m max x 2.06m max )

Bedroom 2  14' 9" max x 9' 8" max ( 4.50m max x 2.95m max )

Bedroom 7 11' 1" max x 10' 2" max ( 3.38m max x 3.10m max )

Communual Shower Room 

Annex 15' 5" max x 8' 5" max ( 4.70m max x 2.57m max )

Bedroom 15' 5" max x 8' 5" max ( 4.70m max x 2.57m max )

Bedroom 15' 5" max x 8' 5" max ( 4.70m max x 2.57m max )



1. MONEY LAUNDERING REGULATIONS - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.