Palace Avenue, Paignton, TQ3
- PROPERTY TYPE
Terraced
- BEDROOMS
9
- BATHROOMS
3
- SIZE
Ask agent
Key features
- Investment property
- HMO Property
- 9 Lettings Rooms
- Washing Room/Utility Room
- 963 Year Lease
Description
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.
Rear Garden / Entrance
The property is accessed via front door through 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
Legal Costs
Each party with be responsible 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 Laundering Regulations Act 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.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: D
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Ask agent
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Energy performance certificate - ask agent
Palace Avenue, Paignton, TQ3
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About Winfields Sales and Lettings, Paignton
345a Torquay Road, Preston, Paignton, TQ3 2DZ
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Visit our security centre to find out moreDisclaimer - Property reference cbc5257f-5191-463c-8cf1-5764d26d1eda. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Winfields Sales and Lettings, Paignton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited. **This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.
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