Property With Potential logo Property With Potential - return to homepage
4 bed property, in High Street, £230,000
>

Sponsored Get a Survey — free quotes via ReallyMoving

4 bed terraced house

High Street, Ilfracombe, Devon EX34
£230,000

Our Summary

  • Great investment opportunity
  • Positioned in the heart of Ilfracombe, this fully tenanted, mixed-use property presents a fantastic investment opportunity
  • With all units occupied and producing an immediate income, this is an ideal low-maintenance addition to an investor’s portfolio, offering attractive yields and scope for future capital growth

Get alerted when similar properties are listed — Subscribe

Description

This mixed-use property in the heart of Ilfracombe offers a fantastic investment opportunity, with a combination of commercial and residential units generating a steady rental income. The ground floor features a well-presented retail unit currently used for treatments, with an additional treatment room on the first floor, let at £300 pcm. The first and second floors have two-bedroom flats, each with generous living spaces and electric storage heating, let at £360 pcm and £500 pcm respectively.

The property is in generally good condition, benefits from its central location, and has strong tenant appeal. With all units occupied and producing an immediate income, this is an ideal low-maintenance addition to an investor's portfolio, offering attractive yields and scope for future capital growth. Ilfracombe is a popular tourist destination, with a range of amenities and attractions, including a harbour, quayside, and sandy beaches, making it an attractive location for investors.