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Guide price

£265,000

5 bed detached house for sale
Lee Road, Lynton, Devon EX35

    • 5 beds

    • 2 baths

    • 2 receptions

  • Freehold

Bond Oxborough Phillips - Ilfracombe

Logo of Bond Oxborough Phillips - Ilfracombe

About this property

  • Three-bedroom maisonette

  • Two-bedroom apartment

  • Double fronted shop

  • Prime Lynton town location

  • Versatile mixed-use property

  • Renovation work required

  • Prominent shop frontage

  • Bright lounge with views

  • Private courtyard garden

  • Excellent income potential

An excellent opportunity to acquire a versatile property set in the heart of Lynton, offering a combination of commercial and residential accommodation with far-reaching countryside and town views.

At street level the property benefits from a shop frontage with its own independent entrance, providing scope for a variety of commercial uses in this prominent position.

The main residential accommodation is arranged as a spacious three-bedroom maisonette set over the first and second floors. A welcoming entrance hall provides useful storage and stairs rising to the main living space. The first floor features a well-presented kitchen with a range of units, exposed floorboards and character beams, flowing seamlessly into a bright lounge. A large bay window frames impressive views across Lynton and beyond. A utility room, separate WC and a family bathroom complete this level. On the second floor, three bedrooms are found, two enjoying sash windows to the front and the principal bedroom positioned to the rear with countryside outlooks. A useful airing cupboard with immersion heater is also provided.

At lower ground level, with its own entrance, is a self-contained two-bedroom apartment. The accommodation includes an open-plan lounge and kitchen with island unit, fitted appliances and space for white goods. Two bedrooms, a bathroom with modern suite and an enclosed courtyard garden add to the appeal. This area is ideally suited for letting, multi-generational living, or as a holiday home.

Altogether the property offers a rare combination of investment potential and lifestyle opportunity. With income prospects from both the shop and apartment, coupled with the spacious maisonette above, this is a property that could serve as both a home and a business base, or provide a valuable rental portfolio addition in one of North Devon’s most sought-after coastal towns.

Lynton is a small town on the Exmoor coast standing on top of the cliffs above the picturesque harbour village of Lynmouth. Lynton and Lynmouth are connected by the Lynton and Lynmouth Cliff Railway. Lynton was once the terminus for the narrow-gauge Lynton & Barnstaple Railway which served both towns. Two villages on the coast, one above the other, Lynton and Lynmouth were known by the Victorians as Little Switzerland. Lynton is an attractive village with a museum and good range of restaurants, cafes, tea shops and 'art/craft' shops. The town hall, also home to the visitors centre, hosts dramas and exhibitions and positioned next door to an Art and Craft centre and the village cinema. There are many hotels and guest houses in Lynton and Lynmouth. Down in Lynmouth, the two rivers, The East and West Lyn, join. The East Lyn runs to Watersmeet and the West Lyn runs South through Barbrook. Watersmeet boasts a National Trust tea room and the walk from Lynmouth to Watersmeet is very popular. The Valley of the Rocks, a short walk from Lynton, is another area worth visiting with breathtaking scenery and flocks of wild goats.

Directions
From Ilfracombe, proceed along the high street in the direction of Combe Martin. Upon reaching The Old Station Inn at Blackmore Gate Cross, turn left and continue along this road. Upon reaching the petrol station in Barbrook, take the next left and the left after that to head into Lynton. Once you are at the end of Crossmead, take a right onto Lee Road where the property can be found on your right hand side with a For Sale board at the front entrance.

Agents Notes

This property comprises both commercial and residential elements and is offered as a single lot.

The commercial element is recorded as a Shop or Showroom. Title numbers DN285262 (freehold) and DN299882 (leasehold) are noted, however we understand the occupational lease has now expired and the unit is vacant. The shop is located in a prominent town-centre position within the Lynton Conservation Area under Devon Local Authority. Flood risk is categorised as very low. Broadband availability is shown as basic, superfast and ultrafast, with speeds up to 1800 Mbps. No planning history is recorded. Council Tax Band A is listed in the data pack, though as a commercial unit business rates and the rateable value will apply instead.

The residential element (uprn is recorded as a flat/maisonette with a floor area of approximately 871 sq ft (81 sq m). It is arranged as a maisonette over the first and second floors together with a self-contained lower ground floor flat. (truncated)

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    Freehold

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Property descriptions and related information displayed on this page are marketing materials provided by - Bond Oxborough Phillips - Ilfracombe. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bond Oxborough Phillips - Ilfracombe for full details and further information.