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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 building located in the heart of Totnes town centre, opposite the railway station with direct trains to London Paddington. The property consists of seven rooms and two flats, generating a total annual rent of £63,000. The rooms are let on individual tenancies, with varying monthly rents ranging from £515 to £705. The property also features a large garden to the rear, a driveway providing parking for several vehicles, and access via Castle Street. The site may be suitable for further development, subject to planning permission. The property has an Energy Performance Certificate (EPC) rating of D or E, and the annual running costs are £12,107.72. The property will be sold at auction on October 23rd, 2025, with a guide price provided as an indication of the seller's minimum expectation.