10 Bedroom Investment Property for Sale
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Full descriptionDESCRIPTION This SUBSTANTIAL DETACHED VICTORIAN VILLA is a LICENSED HMO comprising 9 LETTING ROOMS and an additional SELF CONTAINED ANNEXE WING generating a very healthy income, with further potential to increase turnover. Built circa 1870, the property can continue to run as its current arrangement, however provides scope for alternative uses as has previously been used for commercial/business purposes and in more recent years by our clients as their family home prior to conversion to HMO. The principle rooms face south and gain a view across the town to the bay and beyond whilst externally is an enclosed garden and ample parking facilities being a particular attribute for the town location.
The Villa stands just a stones throw from Torquay's town centre and within close proximity of the Harbourside, Yacht Marina and Torre Abbey Sands.
APPROACHED through a main entrance door to the VESTIBULE with inner glazed door and side screens leading to the:-
RECEPTION HALL with solid oak flooring, radiator with wood panelled cover.
CLOAKROOM Low level WC, wash basin, radiator and window.
COMMUNAL LOUNGE 21'01 into bay x 12'9 (6.43m x 3.89m) - with 11' ceiling height. Solid oak flooring, two radiators covered with wood panel, cornice ceiling and PVCu double glazed bay with casement window and tilt and turn door leading out to the garden.
KITCHEN 16'4 x 12'9 (4.98m x 3.89m) - Fully fitted with a wide range of wood effect units, breakfast bar and high gloss black marble effect working surfaces. Provisions for range cooker with gas/electric points and extractor hood over, plumbing for dishwasher, sink unit with waste disposal, radiator and PVCu double glazed window.
UTILITY ROOM Provision for washing machine and freezer. Baxi boiler for central heating and domestic hot water, wall cupboards and PVCu double glazed window.
ROOM 1 15'10 x 15'9 into bay (4.83m x 4.80m) - Achieving £105 per week.
ROOM 2 9'11 x 8'5 (3.02m x 2.57m) - Achieving £80 per week. 9'11 x 8'5 (3.02m x 2.57m) - Achieving £80 per week.
ROOM 3 9'7 x 7'3 (2.92m x 2.21m) - Achieving £80 per week.
ROOM 4 13'4 x 13' (4.06m x 3.96m) - Achieving £80 per week.
ROOM 5 12'3 x 10'2 to wardrobes (3.73m x 3.10m) - Achieving £105 per week.
ROOM 6 16'8 x 12'4 (5.08m x 3.76m) - Achieving £105 per week.
ROOM 7 12'11 x 7'11 (3.94m x 2.41m) - Achieving £80 per week.
ROOM 8 11'7 x 8'6 (3.35m x 2.43m) - Achieving £105 per week.
SHOWER ROOM Shower cubicle, wash basin set in vanity unit and low level WC. Fully tiled walls and floor, downlighters and window.
ANNEXE WING Currently used as managers accommodation, although should achieve circa £140 per week.
KITCHEN 14' 3" x 9' 11" (4.34m x 3.02m) - Range of units, sink, plumbing for washing machine. Electric meter, electric cooker point. Radiator and PVCu double glazed windows and door.
SITTING ROOM 13' 4" x 10' (4.06m x 3.05m) - with open plan staircase, coved ceiling, two wall lights, radiator, telephone point, large PVCu double glazed window and door to garden. Staircase rises to the:-
FIRST FLOOR ROOM 28' 1" x 10' 2" (8.56m x 3.10m) - with radiator, coved ceiling, downlighters and three PVCu double glazed windows with views over the town to the sea beyond.
BATHROOM White suite comprising panelled bath with Heatrae Sadia show over, pedestal wash hand basin and low level WC. Built-in airing cupboard with gars central heating combination boiler. Part tiled walls, radiator and coved ceiling.
OUTSIDE Double gates lead into Driveway and parking area. To the side of the property is the level garden mainly laid to lawn with a DECKED SUN TERRACE.
COUNCIL TAX BANDS 'D' - Main House. 'A' - Annexe Wing.
GENERAL DETAILS We have been informed each letting room has their own electric card meter and heating/water is factored into the rental levels. Communal gas and electric, council tax for the main house and water are also paid for by the landlords. The annexe wing covers their own electric and council tax with gas and water covered by the landlord.
SUBSTANTIAL DETACHED VILLA
LICENSED HMO WITH 9 LETTING ROOMS
SEPERATE SELF CONTAINED ANNEXE WING
TOWN CENTRE LOCATION