>
3 bedroom terraced house for sale
High Street, Ilfracombe, Devon, EX34
£125,000
High Street, Ilfracombe, Devon, EX34
£125,000
Our Summary
- Offered with full vacant possession, this mixed-use property presents a unique and exciting development opportunity in its current form
- 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
- 5 sqmThis 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: ECouncil Tax: A (Rateable value £8,500) Likely to change if planning permission work is carried out
- Currently in need of comprehensive refurbishment – ideal blank canvas for investors or developers
- Planning permission granted (Application No
- Significant development potential with opportunity to add value through refurbishment and conversion
Description
This mixed-use property in Ilfracombe offers a unique development opportunity, with planning permission in place for a comprehensive redevelopment scheme. The current building comprises a retail unit with a mezzanine level and storeroom, as well as a three-bedroom maisonette above. Both the commercial and residential elements are currently vacant and require refurbishment. The approved plans allow for a ground floor shop, a one-bedroom flat on the first floor, and a two/three-bedroom maisonette across the second and third floors. With planning permission already granted, this presents a fantastic opportunity for investors, developers, or owner-occupiers to add significant value through refurbishment and conversion. The property is in a poor state of repair, but with some TLC, it could be transformed into a stunning new space. Early viewing is highly recommended to appreciate the full potential of this project.