**Standout Features:**
- 14 spacious bedrooms, most with en-suite bathrooms.
- Self-contained one-bedroom garden flat with private patio.
- Generous ground floor with lounge, bar area, and commercial-grade kitchen.
- Private driveway parking for four vehicles.
- Eco-friendly with 16 roof-mounted solar panels generating income via a feed-in tariff.
- Excellent potential for residential or mixed-use development.
This substantial terraced property, located a short stroll from Paignton Beach, offers an incredible investment opportunity. Currently operating as a guesthouse, the building boasts 14 bedrooms, predominantly en-suite, making it perfect for continued use as a holiday rental or conversion into apartments, an HMO, or an impressive private residence (subject to planning approval). The ground floor features an inviting lounge with a bar area, a bright dining room, and a fully equipped commercial kitchen—ideal for catering needs.
The self-contained one-bedroom garden flat adds further appeal, offering flexibility for owner-occupancy or rental. With private parking for four vehicles and a rear courtyard garden, the outdoor space complements this impressive property. Environmental benefits include solar panels, contributing to energy efficiency and potential income.
While the property is situated in a vibrant coastal community with easy access to local amenities and transport links, it should be noted that the area has a high crime rate and is classified as deprived. Despite these challenges, the incredible scope for transformation and development makes this an opportunity not to be missed. Act fast—properties like this don’t come around often!