From
£300,000
Property for salePark Road, Dawlish EX7
About this property
To be offered on Wednesday 25 February
A Freehold former Social Club & 4 x flats amounting to an approx. 7,990 sq ft (742 sqm)
4 x flats situated across ground & second floor (1 x two bedroom & 3 x one bedrooms)
Asset management potential in its current use
Development potential to convert into multiple dwellings (subject to the requisite consents)
Further change of use potential to 'E Class ' users STP
No VAT on sale price
2 x flats currently let at £11,940 p.a.
Auction Sale - 24/02/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
A freehold former Social Club comprising of a bar, snooker room, multiple function rooms and 4 x flats amounting to an approx. 7,990 sq ft. There is also a ground floor commercial unit that has been sold off on long lease. Asset management and development potential (subject to the requisite consents).
Two of the flats are investment let at £11,940 p.a.
Description
A freehold former Social Club situated on a commanding corner plot and amounting to an approx. 7,990 sq ft. The property is situated over ground, first and second floor. The property comprises of 2 x flats, cellar storage and office at ground floor, reception rooms, bar, snooker hall and WC's at 1st floor and 2 x flats and additional storage at second floor. Please note that the ground floor retail unit has been sold off on a long lease.
The property offers asset management and development potential for multiple dwellings or could have alternative 'E Class' uses (subject to the requisite consents).
Location
The property is located on the North side of Park Road, between the junctions of Luscombe Terrace and Hospital Hill.
Dawlish train station is located an approx. 0.4 miles from the property.
Transport
Dawlish Train station - National Rail services
Tenancy
2 flats are currently let out
Flat 2 - let at £550 per month
Flat 3 - let at £445 per month
Total rent = £11,940 p.a.
Please refer to the legal pack
Accommodation
Please refer to the floor plan
Mortgage calculator
£1,500 per month
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