>
9 bedroom house of multiple occupation for sale
1 Queens Terrace, Totnes, Devon, TQ9 5JQ
£500,000
1 Queens Terrace, Totnes, Devon, TQ9 5JQ
£500,000
Our Summary
- FOR SALE BY PUBLIC AUCTION - Thursday 23rd October 2025 Located in Totnes town centre, opposite Totnes railway station with trains to London Paddington
- The site may be suitable fr further development, subject to planning
- Current rent £63,000 pa Freehold For more information, legal documents and a guide to the auction process visit our website and download the online auction catalogue
- They are not necessarily figures which a property will sell for and may change at any time prior to the auction
- The reserve is a figure below which the auctioneer cannot sell the property during the auction
Description
This property is a freehold investment opportunity located in Totnes town centre, opposite the railway station, with a large garden and driveway providing parking for several vehicles. The property comprises a mix of commercial rooms and two flats, with a current annual rent of £63,000. The rooms are let out to various tenants, with rent ranging from £515 to £705 per calendar month. The property may be suitable for further development, subject to planning permission. The auction guide price is not disclosed, but the property will be sold subject to a reserve, which is a figure below which the auctioneer cannot sell the property. The reserve will be within the guide range or no more than 10% above a single figure guide.