£650,000
Queens Terrace, Totnes
- 9 beds
£650,000
- 9 beds
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Buy with a mortgage
Estimate monthly mortgage payment:
Minimum deposit amount:To get a mortgage for a property you will typically need a minimum of 5% of the property value as a deposit. Our broker will be happy to talk through your options and everything else you need to secure a mortgage
Get a privileged access with Buyer Passport
- Instantly access new properties
- Access off-market properties
- Stand out from other buyers
Full Details
DESCRIPTION
Luscombe Maye are delighted to offer this very rare opportunity to acquire a successful HMO (House in Multiple Occupancy) in the centre of Totnes town. Queens Terrace is a striking semi-detached Victoria town house that has been converted by the current owner into a HMO and now consists of 9 bedrooms in total. 7 bedrooms are in the main house and then there are 2 single bedroom basement flats - please see floorplan for the configuration through out. This property also benefits from a large garden and driveway parking for multiple cars which is something very hard to find in the town centre. The high street, train station, supermarket and Totnes Castle are all within 5 minuets walk.
Any potential buyer has the option to take this property on as a going concern with the current tenants in situ, or alternatively there is also the option to reconvert this property back in to a sole residential home and reside in the house as an owner occupier.
The property is currently managed through a local lettings company and yields a gross income of £60,240 per annum.
TOTNES
The unique and charming market town of Totnes sits above the River Dart in the heart of the South Hams. The town is one of Devon's gems, the birthplace of the Transition Town movement in England and nominated in British Airways' HighLife magazine as one of the world's top ten funky towns.
Full of colour and character, its atmosphere is cosmopolitan with a West Country flavour and those looking for history, alternative therapies and beautiful countryside will find it in and around Totnes. The town is said to have more listed buildings per head of the population than anywhere else in Britain. With a twice-a-week market and full of small independent shops, it's well-known for ethical products, wholefoods and fair trade goods. It is the second oldest borough in England, with an ancient Guildhall and Church, a Norman Castle and its North and East Gates. There is a well-regarded community college and a mainline railway station with direct links to all capital cities in the UK. Dartmoor, the South Hams and many of its fine beaches are within easy reach.
FURTHER INFORMATION
As part of our transparency policy, we request our sellers fill out a Property Information Questionnaire. This information can be provided to you. However, we recommend that you verify any information given during the conveyancing process.
SERVICES
Gas central hearing. Mains water, gas, electric and drainage.
CONSTRUCTION
The property is understood to be of standard construction.
PARKING
Driveway Parking at the rear of the property.
LOCAL AUTHORITY & COUNCIL TAX
South Hams District Council. Follaton House, Plymouth Road, Totnes TQ9 5NE
Council Tax Band C for the main house. The two basement flats which are 1a & 1b Queens Terrace are both council tax band A
TENURE
Freehold
LETTINGS
Luscombe Maye also offers an Award Winning Lettings service. If you are considering Letting your own property, or a buy to let purchase, please contact us and ask to speak with Andrew or Alex to discuss our range of bespoke services.
VIEWINGS
Viewing strictly by appointment with Luscombe Maye
DIRECTIONS
What3Words - chase.rave.assets
Your estimated purchase costs
Find out how much it will cost to purchase this property.
Stamp Duty tax
- Mortgage advice and application
- Conveyancing fee
- Homebuyer protection insurance
Do you have property to sell or part exchange?
How can we help you today?
Find out what your
home is worthCheck instantly an estimated value of your homeFind the best
local agentCompare local estate agents based on their performanceGet an Instant
cash offerGet a cash offer for your property in under 48 hours
Area highlights
We’ve gathered data on the property locations to help you get-to-know the local area.
Things you should know
Some useful things about this property we think you should know
Create OneDome account
for a smooth and fast property purchase
- Get a step by step guide on how to purchase or sell a property
- Get an expert mortgage and legal help
- Find the best local agent to sell your property or get an instant cash offer
- Manage property viewings, valuations and alerts
- Get access to off-market properties Create account
![family](/static/static/img/create-account@2x.png)
Be the first to see the newest properties
Create an alert and we'll email you the latest properties that come to market which match your requirements.