**Standout Features:**
- Development opportunity: conversion from a former Royal Mail Sorting Office to a 1-bedroom apartment
- 999-year lease with a peppercorn ground rent
- Planning permission granted in January 2024 for conversion
- Excellent location in the heart of Chulmleigh with thriving community amenities
- Low crime rate and good mobile signal
- Fast broadband availability
**Potential Concerns:**
- Property requires renovation and updating
- Average condition primarily reflective of its previous use as a commercial space
This unique development opportunity offers potential buyers the chance to create a stylish 1-bedroom apartment in the charming town of Chulmleigh. With planning permission already secured for conversion from a commercial sorting office, you can capitalize on a prime space that fills a market need for residential housing. The generous total of 565 square feet provides ample room for an open-concept design, while the low crime rate and close-knit community enhance security and comfort.
Though the property is in need of renovation, this presents a blank canvas for those looking to customize their living space. Benefitting from essential local amenities such as shops, schools, and leisure facilities, this property is perfectly positioned for first-time buyers or savvy investors eyeing rental potential in a quaint, supportive locale. Don't miss out on this exceptional opportunity to invest in a versatile property with long-term value in a rewarding community.
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