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Portland Street, Ilfracombe, Devon, EX34 10 bed semi
Portland Street, Ilfracombe, Devon, EX34
£315,000
Portland Street, Ilfracombe, Devon, EX34
£315,000
Our Summary
- Originally constructed as a private residence of stature, the building later served as a care home, and now offers an outstanding opportunity for sympathetic redevelopment
- While the property requires full modernisation and renovation throughout, its proportions and structural arrangement make it particularly well suited for conversion into four self-contained apartments (subject to the relevant planning permissions and listed building consents)
- The roof appears to be in good internal condition, which will reassure prospective developers that the building provides a sound basis for refurbishment
- Development Potential
- The combination of its location just outside the town centre, the availability of on-site parking, and the appeal of coastal views makes this an especially strong prospect for developers
- For developers seeking a project of distinction, Portland House represents a rare chance to bring a landmark period building back to life
- The potential to create four spacious, high-quality apartments, each benefitting from unique architectural features and an enviable position close to amenities and transport links, cannot be overstated
- Excellent potential for conversion into four self-contained apartments (subject to consents)
- In need of full modernisation throughout
Description
Portland House is a grand, Grade II listed property dating back to the early 19th century, with a rich history and character. Originally a private residence, it later served as a care home and now offers an opportunity for sympathetic redevelopment. The property spans over 4,000 square feet across four floors, with a central balustrade staircase, ornate fireplaces, and bay windows that flood the rooms with natural light. While it requires full modernisation and renovation, its proportions and structural arrangement make it well-suited for conversion into four self-contained apartments. The property benefits from a garden with elevated views of the Bristol Channel and off-road parking to the front. Its location just outside the town centre, combined with its unique character and development potential, make it an attractive prospect for developers seeking a project of distinction.