4 bed terraced house for sale

Ilfracombe, Devon EX34

Positioned in the heart of Ilfracombe, this fully tenanted, mixed-use property presents a fantastic investment opportunity. Situated on the bustling High Street, the property offers a combination of commercial and residential units, all generating a steady rental income.

The ground floor features a well-presented retail unit currently used for treatments, including a spacious shop area, treatment room, kitchenette, WC, and access to a cellar, with an additional treatment room on the first floor. This unit is currently let at £300 pcm.

On the first and second floors each floor has a two-bedroom flat. Both flats offer generous living spaces with lounge, kitchen, bathroom and utility room, and are heated by electric storage heaters. Flat 1 is let at £360 pcm, while Flat 2 commands £500 pcm.

Overall, the property is in generally good condition and benefits from its central location, with 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. Early viewing is recommended to appreciate the potential this High Street property has to offer.

Ilfracombe is situated along some of North Devon's most attractive and rugged coastline and has easy access to superb rolling countryside including the Exmoor National Park, the town is particularly renowned for its delightful harbour and quayside as well as Promenade with Landmark Theatre and pleasure gardens. Some amenities include New Water sports Hub, rnli station, Building Society, Library, Post Office, Schools and Cinema and provides nationalised shops and three major supermarket chains Tesco, Lidl and The Co- operative.
Local sandy beaches include the award winning Woolacombe Beach along with Saunton, Putsborough and Croyde which are also close to hand and attract thousands of visitors each year. The regional centre of Barnstaple is North Devon's historical capital and is approximately 13 miles away and it's acclaimed shopping precinct homes many brand name High Street shops, banks and restaurants. Barnstaple Train Station connects to the inter-city rail network in Exeter. The North Devon Link Road A361 gives fast access to the M5 Motorway Junction 27 (Tiverton).

Directions
With our office on your left hand side, proceed along the High Street passing the garage. Where the property will be approximately 100 yards on your right hand side.