>
High Street, Devon EX34 5 bed detached house for sale
High Street, Devon EX34
£264,000
High Street, Devon EX34
£264,000
Our Summary
- The property has been well-maintained with recent renovations, while some areas may benefit from cosmetic updating, this property holds strong investment potential in a sought-after location
- Subject to obtaining the necessary planning permissions, this lower level and part of the ground floor could be thoughtfully converted into a spacious residential apartment—offering a superb opportunity for mixed-use development
- The kitchen provides a practical layout with potential for modernisation, while the three-piece bathroom suite is clean and serviceable, offering scope for updating to suit personal taste
- Although the flat is currently in a liveable condition, it would benefit from cosmetic improvements throughout, making it an excellent opportunity for buyers looking to personalise their home or for investors seeking to add value
- While the layout and location are strong assets, the flat would benefit from cosmetic improvements throughout, offering an excellent opportunity for buyers to modernise and add their own personal touch
- Parts of block require cosmetic improvements
- Perfect investment opportunity with tenants in situ
Description
This three-storey building in Lfracombe, North Devon, offers a unique investment opportunity. The property comprises three self-contained flats and a spacious shop with a large basement. The flats, including a stunning top-floor maisonette with coastal views, are currently tenanted and professionally managed, providing immediate rental income. The shop has a bright and welcoming space, perfect for various commercial uses, and a substantial basement level that could be converted into a residential apartment. The property has been well-maintained, with recent renovations, and offers strong investment potential in a sought-after location. The town of Lfracombe boasts a variety of independent shops, art galleries, restaurants, and bars, as well as a picturesque seafront and harbour area. The property is available with tenants in situ, and the current rental income is £2,175 per calendar month.