An Exceptionally spacious Detached Investment Property
Paignton, Devon
An exceptionally spacious, detached investment property for sale, situated in a prominent roadside location in Paignton. The property comprises 5 self-contained residential flats, with the potential to create an additional apartment by converting the communal lounge into a substantial flat. To the rear, there is off-road parking for 3–4 vehicles, and the mature gardens provide attractive outdoor space for tenants to enjoy. The property is located within just a few minutes’ walk of Paignton town centre, the beach, and all major transport links, making it highly attractive to prospective tenants. Early viewings are highly recommended.
LOCATION
Ash Lodge is conveniently located on the main street in Paignton, Devon. It is ideally located for shopping, with the main beach and harbour just a few hundred metres’ walk away. Paignton is part of Torbay which is a thriving coastal town that attracts all year-round visitors. The local train and bus stations are nearby, with easy access to all main arterial road links connecting major cities like Plymouth and the cathedral city of Exeter, along with its international airport and the M5 motorway, linking all parts of the UK.
BUSINESS
This property has been successfully owner-operated for many years, delivering a reliable and consistent income with minimal day-to-day involvement. As a turnkey investment, it benefits from low overheads and requires very little ongoing effort, making it an ideal hands-off opportunity. We, as agents, believe that with some improvements and modernisation, there is strong potential to achieve higher rental figures.
ACCOMMODATION
Entrance
Accessed via a pavement through an open tiled porch via a large solid timber door.
Hallway
6.43m x 2.44m
A spacious hallway featuring high ceilings and a grand, wide turning staircase leading to the upper floor, complemented by a stunning period lead window, under stairs storage and access to the laundry room.
Flat 1
A ground floor flat with its entrance leading into a bright, open-plan living room and kitchen area. The kitchenette is fully equipped with a range of wall and base units, an oven, and a standalone fridge freezer. The living space benefits from built-in storage within the alcoves and is furnished with a sofa, TV etc. From the living area step into a bright and airy bedroom, tastefully decorated and filled with natural light from windows on two walls. The bedroom also features an en-suite bathroom with a skylight.
Open-plan living room & Kitchen
4.98m x 3.72m
Bedroom
3.61m x 3.20m
Flat 2
A charming ground floor flat featuring an open stone fireplace, a galley kitchen, and a bright bedroom with double windows that allow plenty of natural light. The bedroom also benefits from a private ensuite bathroom, adding comfort and convenience. We, as agents, believe this flat would benefit from some modern updates.
Living room
3.71m x 3.59m
Kitchen
3.15m x 1.25m
Bedroom
4.32m x 2.54m
Flat 3
A spacious ground floor flat featuring a bright and airy open-plan bedroom and living area, enhanced by high ceilings and a large bay window with a door leading out to a charming courtyard garden. The separate kitchen benefits from a skylight, flooding the space with natural light. The property also includes a modern wet-room style bathroom complete with shower, WC, and wash basin.
Open plan bedroom and living room
5.05m x 4.90m
Kitchen
1.88m x 1.74m
Flat 4
Located on the first floor, this generously proportioned flat offers a great sense of space throughout. To the left, you’ll find a spacious, open-plan living room and kitchen, decorated in natural tones. The kitchen features a freestanding cooker, a sink, and a combination of floor and wall units for ample storage. The flat benefits for a wet room with shower, WC and wash basin. The living area offers built-in alcove storage and makes for a bright, inviting space, thanks to the large windows that flood the room with natural light.
Open-plan living room & Kitchen
4.90m x 4.43m
Bedroom
4.02m x 3.01m
Flat 5
Situated on the first floor, this flat is accessed by stepping down a few steps into the hallway with built-in storage cupboards, leading to a bright and inviting living room featuring large windows and alcove cabinetry. Steps from the living area take you up to the kitchen, which is fitted with a range of floor and wall units. The spacious bedroom also benefits from expansive windows, built-in wardrobes, and a wool carpet, along with an en-suite bathroom complete with a shower, WC, and wash basin.
Hallway
2.33m x 1.70m
Living room
3.85m x 2.99m
Kitchen
2.91m x 2.40m
Bedroom
3.82m 3.80m
Lounge
6.04m x 5.31m
Located on the ground floor, this is an impressively large space featuring a beautiful bay window. Previously used as a communal lounge, it is no longer in use and offers excellent potential for conversion. With the right permissions, this room could be transformed into an additional flat, making it a valuable development opportunity.
Outside
The property benefits from a private car park with space for up to three vehicles. At the rear, you’ll find a courtyard with storage, while the side of the property features a lovely garden area with seating, perfect for tenants to sit out and enjoy the outdoors.
FIXTURES AND FITTINGS
All trade fixtures and fittings (excluding the vendor’s private inventory) are included in the sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation upon completion. Please note: no testing of fixtures or appliances has been undertaken by Ware Commercial.
SERVICES
Mains electricity, water, fibre broadband, and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please check the Valuation Office Agency website (www.voa.gov.uk) for full details. The property currently qualifies for full exemption under small business rate relief.
TENURE
Freehold
VIEWINGS
All viewings strictly by appointment via Ware Commercial:
Tel: 01803 328880 or 01392 462266
Email: info@warecommercial.com
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.
An Exceptionally spacious Detached Investment Property
Paignton
£399,000Freehold79 Dartmouth Road, Paignton, Devon, TQ4 5AF
An exceptionally spacious, detached investment property for sale, situated in a prominent roadside location in Paignton. The property comprises 5 self-contained residential flats, with the potential to create an additional apartment by converting the communal lounge into a substantial flat. To the rear, there is off-road parking for 3–4 vehicles, and the mature gardens provide attractive outdoor space for tenants to enjoy. The property is located within just a few minutes’ walk of Paignton town centre, the beach, and all major transport links, making it highly attractive to prospective tenants. Early viewings are highly recommended.
LOCATION
Ash Lodge is conveniently located on the main street in Paignton, Devon. It is ideally located for shopping, with the main beach and harbour just a few hundred metres’ walk away. Paignton is part of Torbay which is a thriving coastal town that attracts all year-round visitors. The local train and bus stations are nearby, with easy access to all main arterial road links connecting major cities like Plymouth and the cathedral city of Exeter, along with its international airport and the M5 motorway, linking all parts of the UK.
BUSINESS
This property has been successfully owner-operated for many years, delivering a reliable and consistent income with minimal day-to-day involvement. As a turnkey investment, it benefits from low overheads and requires very little ongoing effort, making it an ideal hands-off opportunity. We, as agents, believe that with some improvements and modernisation, there is strong potential to achieve higher rental figures.
ACCOMMODATION
Entrance
Accessed via a pavement through an open tiled porch via a large solid timber door.
Hallway
6.43m x 2.44m
A spacious hallway featuring high ceilings and a grand, wide turning staircase leading to the upper floor, complemented by a stunning period lead window, under stairs storage and access to the laundry room.
Flat 1
A ground floor flat with its entrance leading into a bright, open-plan living room and kitchen area. The kitchenette is fully equipped with a range of wall and base units, an oven, and a standalone fridge freezer. The living space benefits from built-in storage within the alcoves and is furnished with a sofa, TV etc. From the living area step into a bright and airy bedroom, tastefully decorated and filled with natural light from windows on two walls. The bedroom also features an en-suite bathroom with a skylight.
Open-plan living room & Kitchen
4.98m x 3.72m
Bedroom
3.61m x 3.20m
Flat 2
A charming ground floor flat featuring an open stone fireplace, a galley kitchen, and a bright bedroom with double windows that allow plenty of natural light. The bedroom also benefits from a private ensuite bathroom, adding comfort and convenience. We, as agents, believe this flat would benefit from some modern updates.
Living room
3.71m x 3.59m
Kitchen
3.15m x 1.25m
Bedroom
4.32m x 2.54m
Flat 3
A spacious ground floor flat featuring a bright and airy open-plan bedroom and living area, enhanced by high ceilings and a large bay window with a door leading out to a charming courtyard garden. The separate kitchen benefits from a skylight, flooding the space with natural light. The property also includes a modern wet-room style bathroom complete with shower, WC, and wash basin.
Open plan bedroom and living room
5.05m x 4.90m
Kitchen
1.88m x 1.74m
Flat 4
Located on the first floor, this generously proportioned flat offers a great sense of space throughout. To the left, you’ll find a spacious, open-plan living room and kitchen, decorated in natural tones. The kitchen features a freestanding cooker, a sink, and a combination of floor and wall units for ample storage. The flat benefits for a wet room with shower, WC and wash basin. The living area offers built-in alcove storage and makes for a bright, inviting space, thanks to the large windows that flood the room with natural light.
Open-plan living room & Kitchen
4.90m x 4.43m
Bedroom
4.02m x 3.01m
Flat 5
Situated on the first floor, this flat is accessed by stepping down a few steps into the hallway with built-in storage cupboards, leading to a bright and inviting living room featuring large windows and alcove cabinetry. Steps from the living area take you up to the kitchen, which is fitted with a range of floor and wall units. The spacious bedroom also benefits from expansive windows, built-in wardrobes, and a wool carpet, along with an en-suite bathroom complete with a shower, WC, and wash basin.
Hallway
2.33m x 1.70m
Living room
3.85m x 2.99m
Kitchen
2.91m x 2.40m
Bedroom
3.82m 3.80m
Lounge
6.04m x 5.31m
Located on the ground floor, this is an impressively large space featuring a beautiful bay window. Previously used as a communal lounge, it is no longer in use and offers excellent potential for conversion. With the right permissions, this room could be transformed into an additional flat, making it a valuable development opportunity.
Outside
The property benefits from a private car park with space for up to three vehicles. At the rear, you’ll find a courtyard with storage, while the side of the property features a lovely garden area with seating, perfect for tenants to sit out and enjoy the outdoors.
FIXTURES AND FITTINGS
All trade fixtures and fittings (excluding the vendor’s private inventory) are included in the sale. A full inventory will be provided prior to exchange of contracts. All stock will be sold at valuation upon completion. Please note: no testing of fixtures or appliances has been undertaken by Ware Commercial.
SERVICES
Mains electricity, water, fibre broadband, and drainage are all connected. No testing of these services has been undertaken by the agents, Ware Commercial.
BUSINESS RATES
Please check the Valuation Office Agency website (www.voa.gov.uk) for full details. The property currently qualifies for full exemption under small business rate relief.
TENURE
Freehold
VIEWINGS
All viewings strictly by appointment via Ware Commercial:
Tel: 01803 328880 or 01392 462266
Email: info@warecommercial.com
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.