Summary - 27 ST JAMES PLACE ILFRACOMBE EX34 9BJ
3 bed 1 bath Terraced
Turnkey kitchen with upper-floor three-bedroom accommodation and refit potential.
Prime high-street location with strong footfall
A versatile mixed-use property in a prime Ilfracombe high-street position, this mid-terrace Victorian building combines a trading ground-floor takeaway unit with a three-bedroom flat above. The ground floor kitchen remains fully equipped, providing immediate commercial potential for a new food business or alternative retail use; the business itself is not included in the sale. The upper floors offer spacious accommodation across two levels with gas central heating and a sunny roof terrace.
The property requires modernisation throughout; there are visible repair needs and the building dates from the early 20th century with assumed solid brick walls and no installed wall insulation. Buyers should note the high flood risk, above-average local crime, and that the surrounding area is classified as very deprived. These factors affect insurance and running costs and will influence refurbishment and rental strategies.
This freehold offers scope for a live-work setup, short-term holiday lets, or long-term rental income once renovated. Its location near the harbour and local tourist attractions supports strong footfall and year-round visitor demand, which could help recoup refurbishment costs. All mains services are connected; EPC currently TBC and prospective purchasers should verify broadband and mobile coverage and obtain independent surveys and flood-insurance quotes before committing.
Suitable for purchasers prepared to invest in upgrades, the property presents a rare opportunity to secure a prominent high-street site with both commercial and residential revenue potential in Ilfracombe.
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