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Bideford, Devon 5 bed terraced house for sale
Bideford, Devon
£235,000
Bideford, Devon
£235,000
Our Summary
- Located in the heart of town, just a short stroll from all amenities, this charming stone-fronted Grade II listed property offers an exceptional investment opportunity
- Expertly converted 30 years ago, the building now houses 3 self-contained flats and a separate 2 Bedroom cottage, each offering significant rental potential
- This cottage, which boasts a private courtyard, is currently vacant and offers an excellent opportunity for refurbishment to further increase its rental value
- However, there is significant potential to increase this figure in line with current market rates, particularly after modernising the vacant cottage
- Realistically priced to attract an early sale, this property represents a superb investment with immediate income and potential for growth
- An exceptional investment opportunity
- This property represents a superb investment with immediate income & potential for growth
Description
This charming Grade II listed property in the heart of Bideford offers a unique investment opportunity, with three self-contained flats and a separate 2-bedroom cottage. The property spans three floors, with a communal hallway featuring a spiral staircase, and each floor has a 1- or 2-bedroom flat with partial river views. The flats have a proven track record of successful letting, generating an annual rental income of approximately £22,500. The vacant cottage offers potential for refurbishment to increase its rental value. With its central location, the property is just a short stroll from all amenities, and its proximity to the River Torridge and surrounding towns makes it an attractive investment opportunity.