Back to properties

12 bed Semi-Detached

St. Andrews Road, PAIGNTON, Devon, TQ4 6HA

£450,000
Residential
About this Property
450000
Modern
Residential
Description

SUMMARY Connells are delighted to present to the market this rare and exciting opportunity - a substantial 14-bedroom guest house, ideally located near the picturesque Roundham Harbour. Whether you are dreaming of running your own guest house, investing in a high-potential property. Contact us today..... DESCRIPTION Connells are delighted to present to the market this rare and exciting opportunity - a substantial 14-bedroom guest house, ideally located near the picturesque Roundham Harbour with seaviews. This impressive three-storey property is not only a fully operational business but also offers outstanding potential for redevelopment, subject to the necessary planning permissions. Whether you're an investor seeking a high-yield project or an entrepreneur ready to step into the hospitality industry, this is a property that promises both immediate value and long-term vision. Don't miss your chance to secure a unique and flexible property in one of the most sought-after areas in the region. Whether you are dreaming of running your own guest house, investing in a high-potential property, or seeking a seaside residence with income possibilities, this offering ticks all the boxes.Furthermore, the property is situated within easy walking distance of local shops, cafes, and restaurants, while excellent public transport links make it easily accessible for visitors and residents alike. The nearby beaches and coastal walks are a consistent draw for tourists, reinforcing the location's value as a hospitality hub. Contact Connells today to arrange a viewing and take the first step toward your next successful venture. Location Set just a short distance from the heart of the scenic harbour and coastal attractions, this property is superbly positioned to attract year-round visitors and tenants alike. Its prime location makes it particularly appealing to those seeking a business base with excellent footfall and exposure. The vibrant surrounding area, coupled with the peaceful charm of the harbour, sets the perfect backdrop for a successful guest house, serviced accommodation, or even residential conversion. Close to all amenities and coast path that leads to Goodrington sands. Accomodation The property boasts 12 letting rooms with oweners accomodation, many of which include en-suite facilities, catering perfectly to the needs of short-term stays, group bookings, or long-term tenants. The bedrooms are spacious and well-proportioned, offering Doubles and family room for comfort, flexibility, and ample natural light. Each room has been thoughtfully maintained, providing a welcoming space for guests and offering a blank canvas for any future refurbishment or redesign. In addition to its vast accommodation, the property features four well-equipped reception rooms, each currently tailored to support the daily operations of this guest house. These versatile spaces include a breakfast room, communal lounge, dining area, and separate offices, allowing a new owner to operate a smooth and professional service. These rooms could also be adapted into additional living areas or transformed to suit a variety of residential needs, depending on the buyer's vision. The commercial-grade kitchens serve as the heart of the guest house, designed for both functionality and efficiency. With the correct layout, fittings, and access points already in place, any new or expanding business will benefit from a head start. Alternatively, these spaces can be repurposed to suit multiple occupancy living, co-living arrangements, or the property be converted into flats or Houses in Multiple Occupation (HMOs). One of the standout features of this property is its dedicated private owners' accommodation. Spread across the building's three stories, this self-contained space provides the perfect live-in opportunity for proprietors who wish to reside on-site while running their business. The private quarters are generous in size, offering a more secluded lifestyle away from guest areas, with their own living, sleeping, and dining spaces. This makes it not only a strong business investment but a very comfortable home for the future owner. Auctioneer comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period"). Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding. A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding. The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax. Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00. These services are optional.

Location
More Information
Freehold
St. Andrews Road
house
Planing Authority
Torbay LPA

Interested in this lot?

GO TO THIS LOT

More Listings from this Auctioneer