12 bedroom detached house for sale

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12 bedroom detached house for sale

Canaan Way, Ottery St. Mary
£850,000

Our Summary

  • This substantial hotel, with planning permission for residential use, offers an excellent investment opportunity
  • Ideal for conversion into a home, it also holds potential for Airbnb and holiday use
  • In 2023, planning consent was obtained for a change of use to residential (Ref 23/0694/FUL dated 13th July 2023), allowing for domestic parking and a garden
  • This setup provides huge potential for various development, including holiday lets, Bed and Breakfast accommodation, as one spacious home or divided for multiple generations
  • Currently serving as a mix of hotel and personal accommodation, the property offers a backdrop for a range of potential alterations or changes, subject to planning and listed building consent

Description

This substantial hotel, believed to date back to the 17th century, offers a unique investment opportunity with planning permission for residential use. Located in Ottery St. Mary, the property is within walking distance of the town center and has a semi-rural feel. The hotel has been operated as a successful business for over 20 years and has a range of adaptable rooms, including en-suite bathrooms and entertaining spaces. With potential for holiday lets, Bed and Breakfast accommodation, or conversion into a single or multi-generational home, the property presents a range of development options subject to planning and listed building consent. The grounds extend to approximately 0.76 acres and feature a spacious parking area, private garden, and timber sheds. With mains water and electricity, private drainage, and gas central heating, the property offers a range of services. Its location provides easy access to Exeter and the Jurassic coast, making it an attractive opportunity for investors and those seeking a unique property.
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