HMO FOR SALE in Torquay, Devon

Property Description

High-Yield 11-Bedroom HMO Investment – Freehold Asset in Torquay
A substantial and income-generating 11-bedroom freehold HMO located in the popular coastal town of Torquay, offering an attractive combination of scale, yield, and operational flexibility.
This large property, likely a converted Victorian villa or former guesthouse, has been configured to accommodate multiple tenants, making it ideal for HMO investors, supported accommodation providers, or hospitality-led strategies. The layout supports high occupancy levels while maintaining practical communal living arrangements.
Torquay’s position as a key South West coastal destination ensures consistent rental demand, supported by local employment, tourism, and increasing demand for affordable shared accommodation. The property is already producing approximately £67,000 per annum, presenting a strong income stream from day one.
Size / Area
Approx. 4,000 – 6,000 sq ft (estimated)
Tenure & Pricing
Tenure: Freehold
Price: £610,000
Status: For Sale
Key Features
11-bedroom large-scale HMO
Approx. 4,000 – 6,000 sq ft
Strong annual income: £67,000
Freehold asset
Suitable for supported accommodation or guesthouse use
High room count for maximised cash flow
Character property (likely period villa)
Established rental location in Torquay
Potential for operational optimisation and income growth
Location Description
Torquay, part of the English Riviera, is a well-established coastal town known for its tourism, marina, and lifestyle appeal. The area attracts a diverse tenant base including seasonal workers, hospitality staff, and long-term residents, supporting consistent demand for shared accommodation.
The town benefits from a mix of leisure amenities, transport links, and ongoing regeneration, making it increasingly attractive for both investors and tenants seeking affordability outside major UK cities.
Investment Angle
This property offers a compelling high-yield investment opportunity, with:
Immediate income of £67,000 per annum
Strong yield relative to purchase price (~11%+)
Flexible use options (HMO, supported living, guesthouse)
Opportunity to enhance income through refurbishment or repositioning
Large multi-room properties in coastal locations continue to attract investors due to their income resilience and alternative use potential.
For further information or to arrange a confidential discussion, contact Fraser Bond today. High-yield assets of this scale are increasingly sought after and rarely remain available.