Summary - 4 HIGH STREET BIDEFORD EX39 2AA
6 bed 5 bath Flat
Five flats above a commercial café, strong rental yield potential.
Freehold mixed-use Georgian corner building on High Street
A rare freehold, mixed-use corner building on Bideford High Street offering five self-contained 1–2 bedroom flats above a ground-floor commercial unit. The property produces demonstrable rental potential, with forecast gross income in excess of £30,000 and large sash windows providing good natural light to many principal rooms.
The building is Georgian in style and solidly constructed, with separate communal access and current satisfactory EICR certificates for the flats. Individual flats show a range of EPCs (C–D) and are let-ready with compact kitchens and shower rooms; the ground-floor business remains unaffected by the residential accommodation above.
Investors should note material negatives plainly: the property sits in a very deprived area with high local crime rates, broadband speeds are very slow, and the wider classification indicates constrained renter demand. Several flats have dated finishes and will need cosmetic updating or targeted expenditure to maximise rents and maintain EPC performance.
This is a straightforward acquisition for a landlord seeking immediate rental income and medium-term value-add through refurbishment or service improvements. Expect management attention for tenant turnover and ongoing maintenance, and factor in potential capital works to raise energy ratings and modernise the units.
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