Asking price

£125,000

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High Street, Ilfracombe, Devon, EX34

3 bedroom house for sale

terraced House, No Garden

3 Bedrooms

1 Bathrooms

1 Receptions

Key Features

  • Offered with full vacant possession
  • Mixed-use property comprising ground floor retail unit and spacious three-bedroom maisonette
  • Planning permission granted (Application No. 79555) for a redevelopment scheme
  • Approved plans include:
  • Ground floor lock-up shop
  • First-floor one-bedroom flat (approx. 58.2 sqm)
  • Two/three-bedroom maisonette over second and third floors (approx. 80.5 sqm)
  • Significant development potential with opportunity to add value through refurbishment and conversion
  • Both commercial and residential elements previously let separately
  • Currently in need of comprehensive refurbishment – ideal blank canvas for investors or developers
  • Prime investment opportunity with planning in place, ready for immediate action
  • Early viewing recommended to appreciate the full scope and potential
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Henry Swain MNAEA

Whether you'd like to book a viewing, or need additional info, I'm here to help.

Property Description

Offered with full vacant possession, this mixed-use property presents a unique and exciting development opportunity in its current form. The existing building comprises a ground floor retail unit with a mezzanine level and storeroom, along with a spacious three-bedroom maisonette arranged over the upper floors. Both the commercial and residential elements have previously been let separately, but are now vacant and require comprehensive refurbishment.

The property is currently in a poor state of repair; however, planning permission has been granted under application number 79555 for a thoughtfully designed redevelopment scheme. The approved plans allow for a ground floor lock-up shop, first-floor one-bedroom flat offering 58.2 sqm of accommodation and a two/three-bedroom maisonette across the second and third floors, totalling 80.5 sqm

This is a fantastic opportunity for investors, developers, or owner-occupiers to add significant value through refurbishment and conversion, with planning already in place. Early viewing is highly recommended to appreciate the full potential of this project.

EPC – Shop: C – Top Flat: E

Council Tax: A (Rateable value £8,500) Likely to change if planning permission work is carried out.

Services: All mains services connected

AGENTS NOTE
We are required by the Estate Agency Act 1979 to declare any personal interest our Agency has in this property. In this case, the property is owned and is being sold by the Mother of a member of the Ilfracombe Office staff.

Key Information

Tenure:

Freehold

Places of Interest

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