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Guide price
£365,000

4 bedroom character property for sale

Boutport Street, Barnstaple EX31
Character property
4 beds
2 baths
1,022 sq ft / 95 sq m
EPC rating: D
Added > 14 days

Key information

TenureFreehold
Council taxAsk agent

Features and description

  • Tenure: Freehold
  • Investment Opportunity!
  • Grade II Listed Building
  • Communal Courtyard
  • Plenty of Storage
  • Convenient Location
  • Approx £20,000 Potential Income pa
  • HMO potential of c.£37,500 pa
Cottage, Flat, Shop & Store and courtyard with excellent earning potential, contact the Phillips Smith & Dunn Barnstaple team for more information.

An excellent investment opportunity for those looking for 3 letting properties.

The 2 bedroom flat is projected to achieve in the region of £625pcm which the lettings agents have several interested tenants.

The 2 bedroom cottage at the property is currently rented to a longstanding and loyal tenant at a reduced market rate of £565pcm. This property would be projected at £650pcm

The shop is currently rented to a longstanding taxi firm who rent the shop and rear storage space to the left side as you look at the front elevation for £333 pcm.

The annual income projected for the building is in the region of £20,000 per annum. With some redevelopment there is excellent HMO potential of c.£37,500 per annum.

This first floor flat offers comfortable living in a convenient location. It features two large double bedrooms, each with ample space and storage.The living room is spacious with large windows that let in plenty of natural light. Additional storage helps keep the area tidy and functional.

The kitchen provides sufficient workspace and overlooks the rear courtyard. The bathroom includes a modern electric water tank, a full-sized bath, and a sink. A separate WC is located by the flat's entrance for added convenience.

There is a useful storage barn which could be let with the cottage, flat or ideal for HMO letting ability. There is also a rear access to the land which would be useful for a fire exit, ideal for the HMO potential.

Flat - Electric Central Heating, Mains Water & Mains Drainage.

Flat -

Hallway -

Kitchen - 2.10m x 2.22m (6'10" x 7'3") -

Living Room - 4.33m x 4.08m (14'2" x 13'4") -

Bedroom 1 - 2.63m x 5.24m (8'7" x 17'2") -

Bedroom 2 - 2.66m x 4.18m (8'8" x 13'8") -

Wc - 0.93m x 2.29m (3'0" x 7'6") -

Bathroom - 2.12m x 2.24m (6'11" x 7'4") -

Shop -

Maisonette - The Cottage -

Living Room - 5.58m x 5.12m (18'3" x 16'9") -

Kitchen Diner - 3.02m x 5.46m (9'10" x 17'10") -

Bedroom 1 - 5.63m x 2.64m (18'5" x 8'7") -

Bedroom 2 - 3.14m x 3.22m (10'3" x 10'6") -

Bathroom - 3.60m x 1.72m (11'9" x 5'7") -

Wc - 1.54m x 1.00m (5'0" x 3'3") -

The cottage offers a large living room with a characterful fireplace, off from the living room is the kitchen diner, with adequate kitchen worktop, sink and drainer. Storage is available underneath the stairs.

Upstairs you have two good sized double bedrooms, with plenty of space for additional bedroom furniture. The family bathroom has a a bath with overhead shower, sink and makes use of a large storage cupboard. A seperate WC is located next door.

The Cottage - Electric Heating, Mains Water & Drainage.

Shop - Currently Tenanted to a local taxi firm. Approximately - 74m2

Property information from this agent

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About this agent

Phillips Smith & Dunn - Barnstaple
Phillips Smith & Dunn - Barnstaple
Alliance House, Cross Street, Barnstaple, EX31 1BA
01271 457091
Full profileProperty listings
As a firm we can trace our roots back over 100 years and during this time we have dealt with the sales of thousands of homes, rural properties, farms, and land. We have 3 prominent offices in Barnstaple, Braunton and Bideford that cover the whole of the North Devon area. With our traditional estate agency values combined with the most comprehensive online coverage you can be assured of attaining the best possible price for your property. If you’d like to contact a member of the team personally, please don’t hesitate to email or give us a call.
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