£270,000

8 bed end terrace house for sale

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Auction
Freehold

Guide price

£270,000

8 bed end terrace house for sale

Garfield Road, Paignton TQ4

8 beds
3 baths
8 receptions

Key Information

Tenure:
Freehold
Council tax band:
D

Local area information

Property location

Nearby amenities

  • Paignton 0.1 miles
  • Curledge Street Academy 0.4 miles
  • Sacred Heart Catholic School 0.4 miles
  • Torquay 1.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Freehold
  • Sale by Modern Auction (T&Cs apply)
  • Subject to an undisclosed Reserve Price
  • Buyers fees apply
  • 9-bedroom investment property
  • Stones throw from Paignton seafront
  • Rennovation requied
  • Close to all local amenites
Summary
I am thrilled to present an exceptional opportunity to acquire a 9-bedroom investment property, ideally situated just a stone's throw from Paignton Beach and the town's vibrant amenities. This property offers unparalleled potential for a visionary investor to transform it into a profitable venture.

Description
I am thrilled to present an exceptional opportunity to acquire a 9-bedroom investment property, ideally situated just a stone's throw from Paignton Beach and the town's vibrant amenities. This property offers unparalleled potential for a visionary investor to transform it into a profitable venture. The location is unbeatable, with the golden sands of Paignton Beach practically at your doorstep, providing a scenic and desirable setting. Additionally, the proximity to Paignton's town amenities ensures convenience for future tenants or residents, making it an attractive proposition for various development options This property truly is a blank canvas, offering versatile possibilities. One could consider converting it into three substantial flats, catering to the demand for spacious living accommodations. Alternatively, it presents an excellent opportunity for a lucrative House in Multiple Occupation (HMO), subject to the necessary applications. Such flexibility allows for tailored investment strategies to maximize returns While the property requires refurbishment throughout, this aspect only enhances its potential. With thoughtful renovation, it can be transformed into a sought-after residence or a profitable rental property. The investment prospects are substantial, given the location and size of the property. This is a rare chance to invest in a prime location with endless possibilities.

Auctioneer's Comments
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).

The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.

The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £300 inc VAT towards the preparation cost of the pack.

The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.

Accommodation
uPVC entrance door leading into:-

Ground Floor
Enter through the double glazed front door in to the entrance hall. There is a doorway leading to the a staircase to the first first floor landing and a further door that opens into the inner hall.
The ground floor level can be and was previously a self contained garden apartment.
There are two reception rooms and three good sized bedrooms, one has an en-suite shower room. Another with access to a courtyard garden.
A further shower room and large kitchen completes the ground floor.
A double glazed door open out to the rear courtyard garden area.

First Floor
To the first floor landing is a staircase to the second floor landing and doors to three double bedrooms. To the front is the main bedroom which leads to large dressing room. The dressing room could also be utilised as a large en-suite bathroom or, a kitchen area should it be required if this bedroom were to be utilised as a lounge area.
A bathroom completes the level.
From the rear bedroom there is access to a roof terrace.

Second Floor
The second floor landing has a skylight window and leads to the Three top floor double bedrooms. There is also a shower room servicing the level.

Courtyard Garden
A low maintenance garden which is enclosed by brick built walls and timber constructed fencing. Gate access opens to the residents rear pathway which leads to the front aspect.

1. Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract.
3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (1)

1 virtual tour available

Step inside the property with a virtual tour or video walkthrough.

More information

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Connells - Paignton

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  1. Zoopla
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  3. Devon
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  5. Garfield Road

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