A stylish and high-performing HMO for sale
Paignton, Devon
A stylish and high-performing HMO, ideally located in the heart of Paignton. This impressive property is divided into two self-contained units, located on the upper floors with access via external stairwells. Housing a total of 10 bedrooms, it makes it an ideal acquisition for investors seeking strong rental yields. The accommodation boasts spacious and contemporary communal areas, and many of the rooms benefit from premium features such as individual keypad entry systems, smart TVs, intercoms, and CCTV. Each room is also equipped with its own electric card meter, consumer unit, and efficient electric panel heating.
Location
Location doesn’t get better than this! The HMO is Ideally positioned on Paignton’s main high street and enjoys a prime town central location just a short stroll from the seafront, harbour, and both the train and bus stations. Paignton, part of the wider Torbay area, is a thriving coastal town that attracts year-round visitors and offers easy access to major transport links, connecting to key cities such as Exeter and Plymouth. With an array of bars, cafés, and restaurants right on the doorstep, it’s no surprise this vibrant location is a favourite for both tenants and tourists alike.
Business
This property has been successfully owner operated for several years, together with a local agent who, when required obtains new tenants for the owner. The property has undergone a full refurbishment programme to a very high standard making this a turnkey investment with an impressive income. Early viewings are highly recommended.
ACCOMODATION COMPRISES
34A Hyde Road
Entrance
Access via the stairwell to the hallway leading to;
Communal Kitchen
3.73 x 3.13
A well-proportioned and modern kitchen with an array of white, high gloss wall mounted and base-fitted units. Fridge freezer, built in wooden seating area with industrial table. Oven with induction hob, microwave, stainless steel sink and drainer, coin operated washer & dryer and all other necessary equipment for tenants.
Communal Bathroom
7.1m x 2.5m
A large and modern bathroom consists of a shower, WC and hand wash basin.
Bedrooms
5 beautifully designed bedrooms, each showcasing a contemporary industrial feel with black pendant lighting, striking wooden feature walls, and modern fittings such as USB-integrated plug sockets. Bedrooms 2, 3, and 4 benefit from private en-suite bathrooms.
36A Hyde Road
Entrance
Access via the stairwell to the hallway with feature glass panelling leading to;
Communal Kitchen
3.21m x 2.88m
A light-filled, modern kitchen designed with high-gloss white wall-mounted cabinets and matching base units. Appliances include a fridge-freezer, built-in microwave, built-in oven with an induction hob, and a stainless-steel sink. A stylish glass panel offers a view through to the hallway. For added convenience, all plug sockets include USB charging ports, and the lighting is set on a timer for energy efficiency.
Bedrooms 1 & 2
Located on the second floor, both double bedrooms are light, airy, and spacious. Each room includes a sleek white high-gloss kitchenette, complete with a built-in microwave, fridge, stainless steel sink, and a two-ring induction hob. The two bedrooms share a well-appointed bathroom on the same floor.
Bedrooms 3, 4 & 5
Located on the first floor, each showcasing a contemporary industrial feel with black pendant lighting, striking wooden feature walls, and modern fittings such as USB-integrated plug sockets. All 3 bedrooms benefit from modern ensuite facilities with shower, wash basin & WC
Living room/Dining room
3.99m x 2.06
Currently been used as a storage room, this could be quite easily changed back into another communal area.
Outside
The property fronts directly onto the pavement pf Hyde Road.
Fixtures & Fittings
A full inventory of trade fixtures, fittings, and equipment is included in this freehold sale, excluding the vendor’s private items. A comprehensive inventory will be provided before the exchange of contracts.
Utilities
Mains electricity, gas, water, and drainage are connected. However, the agents, Ware Commercial, have not conducted any testing of these services.
Business rates
Interested parties should make their own enquiries via the local Valuation Office Agency website at www.voa.gov.uk.
Legal fees
Each party will be responsible for their own legal costs related to the sale/purchase of this property.
Tenure
Freehold.
Viewings
All viewings and enquiries must be arranged through Ware Commercial.
Contact Details:
Tel: Torquay Office: 01803 328880 or Exeter Office: 01392 462266
Email: [email protected]
Website: www.warecommercial.com
Misrepresentation Act
Misrepresentation Act 1967. The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.
A stylish and high-performing HMO for sale
Paignton
£415,000 Freehold34-36 Hyde Road, Paignton, Devon, TQ4 5BY
A stylish and high-performing HMO, ideally located in the heart of Paignton. This impressive property is divided into two self-contained units, located on the upper floors with access via external stairwells. Housing a total of 10 bedrooms, it makes it an ideal acquisition for investors seeking strong rental yields. The accommodation boasts spacious and contemporary communal areas, and many of the rooms benefit from premium features such as individual keypad entry systems, smart TVs, intercoms, and CCTV. Each room is also equipped with its own electric card meter, consumer unit, and efficient electric panel heating.
Location
Location doesn’t get better than this! The HMO is Ideally positioned on Paignton’s main high street and enjoys a prime town central location just a short stroll from the seafront, harbour, and both the train and bus stations. Paignton, part of the wider Torbay area, is a thriving coastal town that attracts year-round visitors and offers easy access to major transport links, connecting to key cities such as Exeter and Plymouth. With an array of bars, cafés, and restaurants right on the doorstep, it’s no surprise this vibrant location is a favourite for both tenants and tourists alike.
Business
This property has been successfully owner operated for several years, together with a local agent who, when required obtains new tenants for the owner. The property has undergone a full refurbishment programme to a very high standard making this a turnkey investment with an impressive income. Early viewings are highly recommended.
ACCOMODATION COMPRISES
34A Hyde Road
Entrance
Access via the stairwell to the hallway leading to;
Communal Kitchen
3.73 x 3.13
A well-proportioned and modern kitchen with an array of white, high gloss wall mounted and base-fitted units. Fridge freezer, built in wooden seating area with industrial table. Oven with induction hob, microwave, stainless steel sink and drainer, coin operated washer & dryer and all other necessary equipment for tenants.
Communal Bathroom
7.1m x 2.5m
A large and modern bathroom consists of a shower, WC and hand wash basin.
Bedrooms
5 beautifully designed bedrooms, each showcasing a contemporary industrial feel with black pendant lighting, striking wooden feature walls, and modern fittings such as USB-integrated plug sockets. Bedrooms 2, 3, and 4 benefit from private en-suite bathrooms.
36A Hyde Road
Entrance
Access via the stairwell to the hallway with feature glass panelling leading to;
Communal Kitchen
3.21m x 2.88m
A light-filled, modern kitchen designed with high-gloss white wall-mounted cabinets and matching base units. Appliances include a fridge-freezer, built-in microwave, built-in oven with an induction hob, and a stainless-steel sink. A stylish glass panel offers a view through to the hallway. For added convenience, all plug sockets include USB charging ports, and the lighting is set on a timer for energy efficiency.
Bedrooms 1 & 2
Located on the second floor, both double bedrooms are light, airy, and spacious. Each room includes a sleek white high-gloss kitchenette, complete with a built-in microwave, fridge, stainless steel sink, and a two-ring induction hob. The two bedrooms share a well-appointed bathroom on the same floor.
Bedrooms 3, 4 & 5
Located on the first floor, each showcasing a contemporary industrial feel with black pendant lighting, striking wooden feature walls, and modern fittings such as USB-integrated plug sockets. All 3 bedrooms benefit from modern ensuite facilities with shower, wash basin & WC
Living room/Dining room
3.99m x 2.06
Currently been used as a storage room, this could be quite easily changed back into another communal area.
Outside
The property fronts directly onto the pavement pf Hyde Road.
Fixtures & Fittings
A full inventory of trade fixtures, fittings, and equipment is included in this freehold sale, excluding the vendor’s private items. A comprehensive inventory will be provided before the exchange of contracts.
Utilities
Mains electricity, gas, water, and drainage are connected. However, the agents, Ware Commercial, have not conducted any testing of these services.
Business rates
Interested parties should make their own enquiries via the local Valuation Office Agency website at www.voa.gov.uk.
Legal fees
Each party will be responsible for their own legal costs related to the sale/purchase of this property.
Tenure
Freehold.
Viewings
All viewings and enquiries must be arranged through Ware Commercial.
Contact Details:
Tel: Torquay Office: 01803 328880 or Exeter Office: 01392 462266
Email: [email protected]
Website: www.warecommercial.com
Misrepresentation Act 1967: The Particulars are not considered a formal offer, they are for information only and give a general idea of the property. They are not to be taken as forming any part of a resulting contract nor be relied upon as statements or representations of fact. Whilst every care is taken in their preparation, no liability can be accepted for their accuracy. Intending purchasers must satisfy themselves by personal inspection or otherwise as to the correctness of these particulars.