Choose your country

Or view all businesses for sale



Home And Income Opportunity, Devon, South West For Sale

Paignton, Devon, UK
Asking Price:
Sales Revenue:
Under £50K
Cash Flow:
Available on request

Cavendish Court is situated in the Roundham area of Paignton between two beaches.
With distant sea views from the top floor, this substantial property was built circa 1905.
The property was granted a Legal Use Certificate for six residential flats in 2018.
The current owner rents the flats out on short-hold six month tenancy agreements.
Their is parking at the front and rear of the building including a detached garage, a twin car port and a bike store.
There is a small side garden with patio area outside flat 6.
The property is within short walking distance of the seafront, harbour and the town centre.
The building has the benefit of part UPVC double glazing and full gas central heating.

Cavendish Court offers plenty of potential, but some of the the flats will require updating.
The freehold property is available at £599,950. ( Fixed Price, No Chain )

The property is being sold as an investment with tenants in occupation.
I am looking to sell to a buyer who will purchase the building with minimum disruption to tenants.

For more information, please contact us by using the form below.

Property Information



Living Accommodation:

This ground and first floor maisonette ( Flat 6) comprising downstairs : Kitchen / Breakfast Room with integrated electric oven, gas hob, fridge and freezer,Cloakroom, Office Area, Lounge / Diner, Conservatory within air con, on the first floor is a Large Double Bedroom with twin fitted wardrobes, Shower Room / WC and Boiler Room, outside Car Port and Garage.There is potential to create an additional en suite ground floor double bedroom from the existing accommodation.


It is situated in the popular and attractive Roundham with Hyde conservation area of Paignton, convenient for the Seafront, Harbourside, Town Centre and other principle resort amenities. Paignton is part of Torbay, one of the UK's most popular tourist destinations known as the English Riviera with easy road and rail links to Exeter, Plymouth and the M5 Motorway.

Premises Details:

Three storey extended semi detached Edwardian building with detached garage.
The freehold property is converted into six one bedroom flats of which five are let on a assured shorthold tenancys with monthly rents ranging from £570 - £650 per calendar month. ( Flat six is occupied by the vendor, but will be vacant on completion )

The rental payments include background gas central heating from the communal central heating system ( October to April ) as well as water rates. Electricity is supplied to the letting flats by the Landlords supply, paid for by tenants sub meters.
Tenants are responsible for paying their own Council Tax and TV Licence.

The property is on one freehold title.
A single supply of gas,electric and water to the building.
All letting flats have current electrical test certification.


Flat One - Lounge / Kitchen,Bedroom,Bathroom / EPC - E / £595 pcm.
Flat Two - Lounge,Kitchen,Bedroom with en suite Bathroom / EPC - D / £570 pcm.
Flat Three - Lounge / Kitchen,Bedroom,Bathroom / EPC - D / £570 pcm.
Flat Four - Lounge / Diner,Kitchen,Bedroom,Bathroom,Sep WC / EPC - D / £650 pcm.
Flat Five - Lounge,Kitchen,Bedroom,Shower room / EPC - D / £595 pcm.
Flat Six - Owners Living Accommodation (as above )
Garage - Rented out for £40 pcm.

Note :

The property income for the year ending March 2020 was £33,227 from five flats / garage.
The property income for the year ending March 2021 was £35,210 from five flats / garage.
The property income for the year ending March 2022 is projected to be £37,900 from five flats / garage.


Trade fixtures, fittings, equipment, land and buildings, with exception of vendor’s private inventory, will be included in this freehold sale.


Mains gas, electricity, broadband, water and drainage are all connected.

The building has hard wired fire alarm and emergency lighting systems installed.


Each party to bear their own legal fees in connection with the sale / purchase of this business.


All viewings and enquiries are to be made via this website directly to the vendor.

For more information, please contact us by using the form below.

Planning Consent:

Six Residential Flats.

Planning permissions can be viewed at :

Business Operation

Expansion Potential:

With some remodelling and further upgrading to the property there is demand for quality serviced apartments in this location.

Flats 4 and 6 are both very spacious and could be converted to two bedroom flats.

There is a potential to build a small dwelling on the site of the shed, car port and garage incorporating garages on the ground floor with a open plan apartment above,subject to the necessary planning.

Reasons for selling:


Years established:
20 years.

Contact Seller

  1. This email address is already registered. Log in to continue.
      1. Postcode not found. Please try again

    1. or
  1. What will I receive? is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that will send the above details to the seller of this business. Find out more about what we do with your information in our privacy policy.

Selling your business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business

Are you a Business Owner?

Set up your Private Seller Account and create your listing today

Get Started Here

Are you a Business Broker?

Set up your BrokerWeb Account and list multiple businesses

Get Started Here