10 bed terraced house for sale

Kernou Road, Paignton TQ4

Description

A rare opportunity has arisen to acquire this expansive and exceptionally versatile property. It is ideally situated just a short stroll from Paignton Green and the golden shoreline of Paignton Beach, a popular year-round destination for both visitors and local residents.

Currently operating as a well-maintained guest house, the building comprises fourteen bedrooms, the majority of which are en-suite, and offers significant potential for alternative residential or mixed-use development, subject to obtaining the necessary planning consents. Prospective purchasers should note that the property is currently classified as Use Class C1 (Hotels/Guest Houses). Any change of use (e.g. To C3 Residential or otherwise) will require formal approval from the local planning authority.

Occupying a generous plot in the heart of a vibrant coastal community, this substantial property presents a wealth of possible future uses. These could include conversion into a grand private residence, subdivision into apartments, a House in Multiple Occupation (HMO), supported living accommodation, or continued use as a profitable holiday or short-term rental enterprise, all subject to planning.

The accommodation is arranged across three floors and carefully configured to maximise comfort and practicality. The ground floor features a welcoming reception lounge with a fitted bar area, a bright and spacious guest dining room, and a fully equipped commercial-grade kitchen with stainless steel work surfaces, an extraction system, and adjacent laundry facilities.

The upper floors are divided into two wings, connected via a central landing and accessible via separate staircases at either end of the property. The first and second floors house the majority of the bedrooms, with twelve of the fourteen rooms offering private en-suite facilities. The current owners have opted to operate nine letting rooms for lifestyle reasons, providing any incoming owner-occupier or investor with immediate scope to expand operations.

Additionally, the property benefits from a fully self-contained one-bedroom garden flat, complete with a contemporary shower room, open-plan kitchen/living area, utility space, and a private, covered patio, ideal for owner occupation, staff accommodation, or potential long-term letting.

Externally, the home includes a private driveway with parking for four vehicles. It also includes a rear courtyard garden, a large covered storage area, and access to a rear service lane. Environmentally conscious features include 16 roof-mounted solar panels, which currently benefit from a feed-in tariff and offer valuable supplementary income.

This impressive building enjoys a prime location within walking distance of Paignton town centre, the picturesque harbour, and nearby beaches including Goodrington Sands and Fairy Cove. Local amenities are abundant, including a variety of shops, restaurants, schools, and entertainment venues. In addition, there are mainline rail links connecting Exeter, Plymouth, and beyond.

Council Tax Band: Exempt (Torbay Council)
Tenure: Freehold