Charles Darrow, leading West Country Commercial Property Agents, have confirmed a beautifully presented coastal holiday let, in a prime seafront position has been sold following a highly successful marketing campaign by Charles Darrow, with strong buyer interest highlighting growing demand for single holiday letting businesses across South Devon.
Occupying an enviable position overlooking Paignton Beach, the property offered uninterrupted sea views and direct access to the seafront, while combining the charm of a period property with the comfort and style of a recently refurbished holiday home.
The beautifully presented property comprises five spacious double bedrooms, several of which benefit from sea views, together with generous reception rooms, a games room, large kitchen and utility. There was also potential to create a sixth guest bedroom, offering further scope for a new owner to expand the accommodation and income potential.
Outside, the property benefits from a pretty front garden, with the seafront and beach quite literally on the doorstep.
Following a very busy viewing period, Charles Darrow was delighted to agree a sale with local buyers Richard and Nina, who are looking forward to continuing the successful holiday letting operation and welcoming both returning and new guests to Russell House.
James Sanders, Director at Charles Darrow, comments: “Russell House generated a huge level of interest from the moment it came to the market, and after a very busy viewing period we were delighted to agree a deal with Richard and Nina, who are looking forward to taking the business forward.”
“The level of interest in Russell House really demonstrates the increasing appetite we are seeing for single holiday let businesses. It is a sector which is growing in popularity, particularly among buyers who want the combination of an established income-producing property with the flexibility and lifestyle benefits that holiday letting can provide.”
“We are currently keen to speak with owners of similar properties, as we have a number of disappointed buyers who missed out on Russell House and are actively looking for opportunities of this nature. If you have a successful holiday let, coastal property or small hospitality business and are considering your options, we would be very happy to have a confidential conversation.”
The sale also highlights the continued attraction of Paignton and the wider South Devon coastline to buyers seeking established tourism businesses. Russell House offered a particularly attractive combination of location, presentation, existing income and future potential, resulting in strong competition during the marketing campaign.
Charles Darrow uses a modern, multi-channel approach to marketing hospitality businesses and holiday accommodation, combining traditional agency expertise with professional photography, video, drone footage, 360° virtual tours, social media and extensive online exposure to ensure properties reach the widest possible audience.
James added: “We would like to wish our client Phil all the very best for the future and thank everyone involved in getting the transaction over the line. In particular, thank you to Cheryl Baxter at Kitson Boyce for acting for the buyers, and Rebecca Collett of Knapman & Co Solicitors for handling the sale on behalf of the seller. It was a great result for everyone concerned.”
