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£670,000

Bampfylde Road, Torquay, TQ2

  • 0 beds
Other

£670,000

  • 0 beds
Other
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Estimate monthly mortgage payment:

£3,059 per month

Minimum deposit amount:

£33,500
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This is a rare opportunity to acquire a charming and versatile guest house in the heart of Torquay, a thriving seaside town known for its sunny climate and year-round appeal. Situated just a five to ten-minute walk from the bustling town centre and a wide range of local amenities, this property perfectly balances convenience and tranquillity, making it an attractive choice for visitors and business owners alike.

The guest house features a total of ten generously proportioned bedrooms and eight well-appointed bathrooms. The high ceilings throughout the property create an open and airy atmosphere, enhancing the sense of space and comfort for guests. With ample square footage, the property provides an exceptional canvas for creating a boutique guest experience or hosting large groups in a comfortable and stylish setting.

One of the standout features of this property is its versatility. The top floor is home to a separate self-contained living annexe, offering the perfect opportunity for owners to reside on-site while running the business. Alternatively, this space could be utilized as additional guest accommodation or even rented out separately for additional income, showcasing the flexibility of this investment.

To the front of the property, multiple parking spaces provide easy access for guests-a valuable amenity that enhances the guest experience and boosts the property's appeal.

This guest house represents an excellent opportunity for aspiring hospitality entrepreneurs or seasoned business owners seeking to expand their portfolio in a high-demand coastal location. The proximity to Torquay's attractions, combined with the property's inherent charm and functionality, makes it a sound and exciting investment.

Tenure: Freehold
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£3,059 per month
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Stamp Duty tax
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£21,000
Mortgage and legal costs:
£999
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