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High Street, Devon EX34 5 bed detached house for sale
High Street, Ilfracombe, Devon
£264,000
High Street, Ilfracombe, Devon
£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, is a fantastic investment opportunity, comprising three self-contained flats and a spacious shop with a large basement. The property is currently tenanted and generates immediate rental income. The shop, located on the ground floor, has a recent full renovation and benefits from access to a substantial basement level, which could be converted into a residential apartment with planning permission. The three flats, including a stunning top-floor maisonette with coastal views, are all well-maintained and offer a range of living spaces, from one-bedroom flats to a spacious three-bedroom maisonette. The property is located in a sought-after area, close to the town center, picturesque seafront, and harbour, and is surrounded by beautiful golden sand beaches and a vibrant surf culture. With a mix of residential and commercial uses, this property holds strong investment potential and offers a unique opportunity for mixed-use development.