High-yield, fully refurbished HMO in Torquay generating strong rental income with minimal owner involvement.
This rare turnkey investment opportunity includes four well-maintained houses comprising 16 fully furnished bedrooms. Fully managed by a local agent and enjoying consistently high occupancy, the property offers investors excellent returns with low overheads. Refurbished to a high standard in 2018, each unit benefits from private bathrooms, kitchenette facilities, and individual utilities, making this a ready-made income generator in a sought-after rental area.
Strategically located on Hele Road, just minutes from Torquay’s town centre, beaches, marina and harbour, the property is perfectly positioned for tenant demand. The area offers excellent transport links to Exeter, Plymouth and beyond, along with a wide range of local amenities within walking distance.
Accommodation is arranged across three self-contained 1-bed flats and a mix of ensuite and private-room HMO units. Shared kitchens are stylishly fitted with modern appliances, while many rooms also include compact kitchenettes. The design ensures a comfortable living experience for tenants and maximised rental potential for the owner.
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.
The business is hands-off, with tenant sourcing and management handled by a local agent. Each unit has separate electric meters and water tanks, helping reduce operating costs and simplify management. This is an ideal acquisition for hands-off investors looking for instant cash flow and a stable asset in one of the UK’s most popular coastal towns.
Training and a full inventory will be provided to ensure a smooth handover.
Serious buyers are encouraged to enquire today for further financial details and to arrange a viewing.
