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2 X 2 BEDROOM FLATS & 1 SHOP WITH CELLAR & AND TREATMENT ROOMS.
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.
Disclaimer
Bond Oxborough Phillips (“the Agent”) strives for accuracy in property listings, but details such as descriptions, measurements, tenure, and council tax bands require verification. Information is sourced from sellers, landlords, and third parties, and we accept no liability for errors, omissions, or changes.
Under the Consumer Protection from Unfair Trading Regulations 2008, we disclose material information to the best of our knowledge. Buyers and tenants must conduct their own due diligence, including surveys, legal advice, and financial checks.
The Agent is not liable for losses from reliance on our listings. Properties may be amended or withdrawn at any time. Third-party services recommended are independent, and we are not responsible for their advice or actions.
In order to market a property with Bond Oxborough Phillips or to proceed with an offer, vendors and buyers must complete financial due diligence and Anti-Money Laundering (AML) checks as required by law. We conduct biometric AML checks at £15 (inc. VAT) per buyer, payable before verification. This fee is non-refundable. By submitting an offer, you agree to these terms.
If you are interested in this property, you can fill in your details using our enquiry form and a member of our team will get back to you.
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