Large modernised freehold near Paignton beach with conversion potential.
- Ten bedrooms: eight guest rooms plus two owner bedrooms
- Six en-suites and two separate shower/bathrooms
- Newly renovated interiors; most bathrooms refurbished
- Gas boiler central heating and recent fire alarm installed
- Generous off-street parking for guests and owners
- High flood risk — affects insurance and running costs
- Very high local crime and very deprived area indices
- Small plot with limited external garden/courtyard space
A substantial, newly renovated ten-bedroom terraced property arranged as an eight-bedroom guest house with two owner bedrooms, located moments from Paignton seafront. The building has been tastefully modernised: most bathrooms and en-suites refurbished, a new gas boiler and central heating, and a recently fitted fire alarm system. Two rooms enjoy sea views and generous off-street parking serves both guests and owners.
The layout spans three floors with flexible accommodation suitable for continued hospitality use or conversion (subject to consents) into self-contained apartments or a house in multiple occupation. Fast and ultrafast broadband, excellent mobile signal and proximity to the railway, town centre and beaches strengthen short‑let and seasonal trading prospects.
Buyers should note material local and site risks: the property sits in a high flood‑risk area and the neighbourhood records very high crime and very high deprivation indices. Council tax is above average. The plot is small and exterior space limited to a rear courtyard and small forecourt. These factors will affect insurance, operating costs and tenant mix.
Overall this freehold offers an established coastal revenue opportunity with modern services and clear scope for reconfiguration or continued letting, but it requires careful due diligence on flood insurance, security measures and local market demand before purchase.