Summary - 21, Crofts Lea Park EX34 9PN
9 bed 6 bath Detached
Character multi-flat investment with sea views and parking in central Ilfracombe.
Six separate flats: 2x2-bed, 3x1-bed, 1x2-bed garden flat
This substantial Victorian detached property in Ilfracombe is arranged as six separate flats (2 x two-bed, 3 x one-bed and a 2-bedroom garden flat), offering immediate multi-let income potential in a sought-after seaside location. Elevated position and a sun terrace provide exceptional sea views; communal and private outdoor space with gravelled parking for up to six vehicles add practical appeal for tenants or owners.
The building’s period granite construction, high ceilings and bay windows deliver strong character and rental appeal, particularly to holiday or longer-term seaside tenants. Proximity to town amenities, beaches and transport links supports steady occupancy: local schools, attractions and the harbour are all within easy reach.
Buyers should note the property is an older building (pre-1900) with stone walls likely uninsulated and double glazing installed before 2002, so heating and energy efficiency will be limited compared with modern standards. The overall stated internal floor area is small (about 872 sq ft) for nine bedrooms, which suggests compact flats and tight circulation—important when budgeting for refurbishments or compliance work.
This freehold offering suits investors seeking an income-producing multi-unit asset or a larger household wanting flexible accommodation. Practical considerations include potential upgrade costs for insulation, windows and internal modernisation, plus ongoing maintenance typical of a historic building. Viewing recommended to assess condition, room sizes and exact income potential.
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