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Roundham Road

Paignton

Residential (land)

Guide price £2,000,000
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Guide price £2,000,000
EPC
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EPC

Property Details

Key features

  • 18 Flats, Three bedroom, Two bedroom and One bedroom
  • Three bungalows
  • Five HMO's
  • Amazing seaviews
  • Prime location

Council Tax Band: D

Tenure: Freehold

This rare gem of an investment sits in a stunning location overlooking Goodrington sands and beyond, promising a substantial return for any investor. With its breathtaking backdrop, this opportunity combines both financial appeal and scenic beauty, making it an exceptional choice of investments.

An unparalleled investment beckons in the coveted Roundham area, offering a remarkable portfolio of 18, Three bedroom, Two bedroom and One bedroom flats, 3 cottages, and 5 Houses in Multiple Occupation (HMOs). Nestled in this highly sought-after locale, the properties boast panoramic vistas of the picturesque Goodrington sands and beyond, elevating their allure to new heights.
The investment's strength lies not just in its numbers but in the current occupancy, with all apartments, HMOs, and cottages currently leased. This not only assures an immediate return on investment but also underscores the desirability and demand for these residences in this prime location. Amidst this impressive ensemble, the manager's accommodation emerges as a true delight. Beyond its functional role, it offers a private haven with charming gardens and commanding sea views, providing an oasis of tranquility amidst the vibrant surroundings. This unique feature not only enhances the quality of living for the manager but also adds an exclusive touch to the entire investment. The strategic combination of property types, coupled with the breathtaking scenery, positions this opportunity as a rare gem in the real estate landscape. Whether viewed through the lens of an investor seeking substantial returns or someone desiring an elegant dwelling with captivating views, this comprehensive package in Roundham stands as an exceptional investment offering both financial and lifestyle rewards.



This rare gem of an investment sits in a stunning location overlooking Goodrington sands and beyond, promising a substantial return for any investor. With its breathtaking backdrop, this opportunity combines both financial appeal and scenic beauty, making it an exceptional choice of investments.

An unparalleled investment beckons in the coveted Roundham area, offering a remarkable portfolio of 18, Three bedroom, Two bedroom and One bedroom flats, 3 cottages, and 5 Houses in Multiple Occupation (HMOs). Nestled in this highly sought-after locale, the properties boast panoramic vistas of the picturesque Goodrington sands and beyond, elevating their allure to new heights.
The investment's strength lies not just in its numbers but in the current occupancy, with all apartments, HMOs, and cottages currently leased. This not only assures an immediate return on investment but also underscores the desirability and demand for these residences in this prime location. Amidst this impressive ensemble, the manager's accommodation emerges as a true delight. Beyond its functional role, it offers a private haven with charming gardens and commanding sea views, providing an oasis of tranquility amidst the vibrant surroundings. This unique feature not only enhances the quality of living for the manager but also adds an exclusive touch to the entire investment. The strategic combination of property types, coupled with the breathtaking scenery, positions this opportunity as a rare gem in the real estate landscape. Whether viewed through the lens of an investor seeking substantial returns or someone desiring an...

While every reasonable effort is made to ensure the accuracy of descriptions and content, we should make you aware of the following guidance or limitations.

(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.

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*PLEASE BE AWARE, THESE RESULTS ARE FOR ILLUSTRATIVE PURPOSES ONLY AND SHOULD NOT BE CONSIDERED AS A MORTGAGE QUOTE. THESE ARE BASED ON A REPAYMENT MORTGAGE AND MAY VARY DEPENDING ON THE TERM AND INTEREST RATE OF YOUR MORTGAGE. LENDER FEES MAY ALSO BE APPLICABLE. IF YOU WOULD LIKE GUIDANCE ON THE RIGHT MORTGAGE FOR YOU, WE RECOMMEND SPEAKING TO ONE OF OUR MORTGAGE CONSULTANTS WHO WILL BE MORE THAN HAPPY TO HELP. **THE 4.7% ANNUAL INTEREST RATE IS BASED ON THE CONNELLS GROUP AVERAGE MORTGAGE INTEREST RATE TAKEN FROM THE PERIOD OF 01/01/2024 – 01/03/2024 AND IS CORRECT AS AT 07/03/2024.

A LIFETIME FEE MAY BE PAYABLE UPON MORTGAGE APPLICATION AS WELL AS AN ADMINISTRATION FEE. THE TOTAL FEE PAYABLE WILL DEPEND ON YOUR CIRCUMSTANCES. YOUR MORTGAGE CONSULTANT WILL EXPLAIN ANY FEES APPLICABLE IN YOUR INITIAL APPOINTMENT.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. YOU MAY HAVE TO PAY AN EARLY REPAYMENT CHARGE TO YOUR EXISTING LENDER IF YOU RE-MORTGAGE.

 
 

ALL MORTGAGES ARE SUBJECT TO STATUS AND LENDER CRITERIA. MOST BUY TO LET MORTGAGES ARE NOT REGULATED.