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6 bedroom detached house for sale
Fore Street, Budleigh Salterton EX9
£1,350,000
Fore Street, Budleigh Salterton EX9
£1,350,000
Our Summary
- Planning permission was granted (application number 23/10/19/ful) on 1st September 2023 for the demolition of the existing house and the construction of a new build 3 storey principal residence
Description
This property is a mixed-use freehold investment located in the heart of Budleigh Salterton, a popular seaside town in East Devon. The property comprises a detached 3-bedroom house with panoramic sea views, two income-producing shops with a new maisonette above, and parking and garages. The house is currently let on an assured shorthold tenancy at £26,000 per annum, while the two shops are let at a combined income of £13,500 per annum. The maisonette above the shops is vacant and has an erv of £14,400 per annum. Planning consent has been granted to demolish the existing house and build a new 4-bedroom principal residence with sea views. The property can be sold as a whole or in two separate lots: the house with garages, and the two shops and maisonette. The guide price for the whole property is £1,350,000, and VAT is not chargeable.