This 20-unit HMO property is situated on Morgan Avenue, just a short walk from Torquay town centre, seafront, and local amenities. The property, comprising two semi-detached buildings, is fully licensed for 30 occupants and currently occupied by 24. The accommodation includes 12 studio units, 4 one-bedroom units, and 4 self-contained flats, all with their own kitchen facilities. The property has been established as a HMO for many years and has undergone upgrades, including new gas central heating, fuse boards, and flat roofs, as well as the installation of a solar panel system. The property generates a gross rental income of £121,020 per annum, offering immediate income potential and significant scope for capital appreciation through further improvements.