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High Street, Ilfracombe, Devon, EX34 3 bed 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
- 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
- Council 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 is being offered with full vacant possession, presenting a unique development opportunity. The existing building has a ground floor retail unit with a mezzanine level and storeroom, as well as a three-bedroom maisonette above. Although the property is in a poor state of repair, planning permission has been granted for a redevelopment scheme, which allows for a lock-up shop, one-bedroom flat, and a two/three-bedroom maisonette. The property requires comprehensive refurbishment and conversion, offering a chance for investors, developers, or owner-occupiers to add significant value. With planning already in place, early viewing is highly recommended to appreciate the full potential of this project.