Overview
Description
The property is an end of terrace cottage which has been thoroughly renovated throughout, to create a multi-unit letting accommodation. Previously let to Local Council for sheltered housing use, the property has been fitted out to provide 5 letting suites with shared kitchen and bathroom facilities. The property is to be sold with vacant possession of the whole.
The property is currently arranged with five letting suites and could operate as a small HMO (subject to necessary licensing). We are informed that the property doesn’t currently have a license, as the property has never been run by the landlord as a HMO. However, the licensing team are aware of the property and the landlord has always been improving the property in line with Torbay’s sheltered housing teams requests.
The property has been renovated extensively throughout and is well suited to its use as a multi-occupation residential investment. The high-quality finish and arrangement of the property means this opportunity may also be of interest to owner occupiers looking for a 6-bedroom family home.
The property benefits from solar panels, gas central heating and UPVC double glazing, resulting in a high energy performance rating.
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