Initial price	£1,100,000
08/04/25	£1,000,000
04/06/25	£975,000
Price Change	-11.36%

This is a fully licensed HMO (House of Multiple Occupancy) located in a prime area of Torquay, with 16 studios and 4 separate flats. The property is arranged over four floors and offers a high rental yield, making it an attractive investment opportunity. The property is well-maintained and has a mix of en-suite and shared facilities, ensuring a comfortable living environment for tenants. Each flat/studio has its own kitchen, and there are communal facilities including a WC, shower, and laundry room. The property also has a large storage room and a boiler room on the lower ground floor. The HMO is designed for low running cost efficiency and long-term occupancy, and there is potential for conversion or redevelopment subject to planning consent. With a master key for all flats/studios, new alarm system, smoke detectors, and emergency lights, this property offers a secure and modern living environment for tenants.