Summary - 10, BANK LANE TQ9 5EH
3 bed 1 bath Detached
Large mixed-use building with private parking and strong conversion potential.
Approximately 3,127 sq ft across multiple floors and rooms
A rare town-centre redevelopment opportunity in Totnes, this substantial mixed-use property extends to around 3,127 sqft across multiple floors. The building comprises a ground-floor commercial studio and interlinked rooms, with two residential flats above and private off-street parking accessed from a small paved courtyard. Its stone-built core and elevated footprint give genuine scope for conversion, reconfiguration or longer-term rental income in a popular market town.
The property requires complete renovation throughout — from flat-roofed later additions to weathered stone elevations and interior finishes. Expect significant works (roof repairs, internal refurbishment, possible services upgrades) and constrained vehicular access for larger contractors. Sold freehold and at auction with no onward chain, this will suit buyers prepared to manage a full refurbishment or to redevelop for multiple income streams.
Location is a clear strength: literally a short walk to Fore Street shops, cafés and amenities, with uninterrupted town and countryside views beyond. There is very limited external amenity (small paved yard only), excellent mobile and fast broadband, no flood risk and a very low council tax band. Be aware the area records higher-than-average crime statistics, which should be factored into investment and management plans.
Overall this property is aimed at investors or developers seeking an inner‑town, high-footfall site with immediate scope for value uplift. The combination of commercial space, two flats and private parking provides multiple options — convert, refurbish and hold, or redevelop subject to necessary consents. Buyers should budget for comprehensive works and survey-based due diligence prior to purchase.
Residential development for sale in Totnes, TQ9 — £235,000 • 1 bed • 1 bath • 1023 ft²
2 bedroom apartment for sale in High Street, Totnes, Devon, TQ9 — £495,000 • 2 bed • 1 bath • 2090 ft²
Mixed use property for sale in St John Ambulance Station, Totnes Road, Paignton, Devon TQ4 5LA, TQ4 — £280,000 • 1 bed • 1 bath • 4628 ft²
3 bedroom end of terrace house for sale in Totnes, TQ9 — £685,000 • 3 bed • 2 bath • 1986 ft²
Residential development for sale in Totnes, TQ9 — £450,000 • 1 bed • 1 bath • 2637 ft²
6 bedroom terraced house for sale in High Street, Totnes, Devon, TQ9 — £795,000 • 6 bed • 4 bath • 2167 ft²
