Income-focused investment close to Torquay town centre and amenities.
11-unit licensed HMO: ten rooms plus one-bedroom maisonette
An established 11-unit licensed HMO in central Torquay offered as freehold investment. Torre Cottage is a substantial Grade II listed property dating from the 1830s, arranged as ten HMO rooms plus a separate one-bedroom maisonette. The current gross rental potential is shown as £66,880 per annum when fully let, giving clear income-led appeal for an investor seeking immediate rental scale in town-centre proximity.
The house retains original period features and has been run as a compliant HMO with a full licence and up-to-date documentation. Accommodation includes a mix of private kitchenette provisions and access to two communal kitchens; several units are reported to have private en-suites or shower facilities. Its central location provides easy walking access to shops, transport and local amenities, while mobile signal and broadband speeds are strong.
Buyers should be aware this is a Grade II listed building — that status will restrict alterations and may increase maintenance costs. The property sits in an area with very high crime levels and significant deprivation, factors that can affect management, void periods and rental strategy. The building is substantial in scale (approximately 3,243 sq ft) and will require ongoing upkeep consistent with its age and listing constraints.
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