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Detached house for sale
Bear Street, Barnstaple EX32
£750,000
Bear Street, Barnstaple EX32
£750,000
Our Summary
- Additionally, there is planning permission for three spacious 3-bedroom townhouses with parking, gardens, and communal areas
- The property offers strong development potential with an excellent Gross Development Value (GDV)
- An attractive and substantial period building with full planning consent to convert to 6 large, light and airy, luxury apartments
- The property offers an exemplary development opportunity with excellent GDV (Gross Development Value) potential
- With a further development of 3 individual 3 bedroom properties also on site this creates an interesting and diverse development opportunity
- The property approaches about 4,000 square foot with some conversion and development the whole property is utilised for the 6 apartments
Description
This significant period building has approved planning consent to convert into six large, luxury apartments, as well as permission for three spacious townhouses with parking, gardens, and communal areas. The property offers strong development potential with an excellent Gross Development Value (GDV). Located in a close-to-town location with utilities in place, the property is situated in the historic market town of Barnstaple, which offers a blend of modern amenities, leisure options, and natural beauty. The property itself is substantial, with approximately 4,000 square feet of space, and is being sold freehold. The sale is by informal tender, with all bids due by November 15, 2024. Viewings are strictly with the sole selling agent, Phillips Smith & Dunn.