**Standout Features:**
- Recently renovated 4-bedroom terraced property in Ilfracombe
- Fully tenanted mixed-use space with strong rental income
- Ground floor retail unit generating £300 pcm and two residential flats with combined income of £860 pcm
- Central location on the bustling High Street, attracting steady tenant interest
- Excellent mobile signal; freehold tenure
- Ideal investment opportunity with potential for capital growth
- Chain-free; low maintenance
**Potential Downsides:**
- Current crime rates above average
- Broadband speeds noted as very slow
- Area classified as 'very deprived'
This newly renovated, chain-free terraced property in Ilfracombe offers a unique opportunity to investors looking for a low-maintenance addition to their portfolio. With a fully tenanted retail unit and two residential flats, it generates a total income of £860 per month, ensuring an immediate return on investment. The vibrant High Street location appeals to tenants, providing easy access to amenities including schools, supermarkets, and local attractions like the scenic coastline and Exmoor National Park.
While the property is in generally good condition, potential buyers should be aware of the above-average crime rates and slow broadband speeds in the area. However, with its strong rental history and the promise of capital growth, this property presents an attractive opportunity. Act quickly, as properties with such appealing combination of features do not stay on the market for long!
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