Summary - 21 SANDS ROAD PAIGNTON TQ4 6EG
1 bed 1 bath Hotel
Turnkey coastal hotel with parking and strong rental potential.
Freehold 13-room licensed hotel with 13 en-suite letting rooms
Short walk to Paignton seafront and town centre attractions
On-site parking front and rear for multiple vehicles
Turnkey business with dog‑friendly lower-ground unit
Reconfigured 3‑bed owners’ accommodation for live‑in management
Victorian build; some modernisation but likely ongoing maintenance
Walls likely uninsulated; signs of potential damp require inspection
Located in a very deprived area with very high recorded crime
Positioned just yards from Paignton seafront, Three Palms offers a ready-to-run, freehold small hotel with 13 en-suite letting rooms and sizeable owners’ accommodation. The Victorian building has been modernised in parts, benefits from double glazing and an EPC rating of C, and includes on-site parking front and rear — a real operational advantage in town-centre coastal locations.
The accommodation mix includes doubles, twins, singles, family rooms and a lower-ground dog-friendly unit, delivering flexible income streams and appeal to holiday and short-stay markets. Reconfigured three-bedroom owners’ accommodation provides live-in oversight or private living space, reducing management costs for an operator. Broadband and mobile signal are strong, supporting online bookings and modern guest services.
Buyers should note material negatives plainly: the building sits in a very deprived area with very high recorded crime, which can affect insurance costs, staffing and some guest perceptions. The stone/limestone walls are assumed uninsulated and exterior notes indicate potential damp in places — fabric and maintenance work may be required. Despite recent local investment in Torbay, consider ongoing upkeep typical of a Victorian property when forecasting capital expenditure.
For an operator or investor seeking an immediate income-generating coastal asset, this property is a sizeable, turn-key option with clear upside from maximising yield, targeted refurbishment, and marketing to holiday and dog-friendly markets. If long-term capital growth or repositioning is the objective, budget for fabric improvements and enhanced security measures.
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