Summary - 9a, Broad Street, Modbury PL21 0PU
2 bed 2 bath End of Terrace
Income-generating central town property with garage and modernisation potential.
- Mixed commercial ground floor with c. £15,000pa income
- Vacant first/second-floor 2-bed maisonette, projected £1,100pcm
- Rear double garage and external storage
- Period character: sash windows, shopfront, three storeys
- Solid brick walls likely without modern insulation
- Secondary glazing only; some thermal upgrades needed
- Medium flood risk; consider resilience measures
- Small plot and limited outside space
A rare mixed-use opportunity in the heart of Modbury, this Georgian end-terrace combines a trading commercial unit with a two-bedroom first-and-second-floor maisonette and rear double garage. The ground-floor commercial unit is currently producing approximately £15,000 per year, while the vacant maisonette has a projected rental of around £1,100 pcm, offering immediate income or owner-occupier flexibility.
The property retains period character — sash windows, three storeys and a shopfront — and benefits from mains gas central heating and secondary glazing. It sits in a very low-crime, affluent small-town location with excellent mobile signal and a wide range of local amenities, schools rated Good, and community services within walking distance.
Practical considerations: the building dates from the early 1900s with solid brick walls likely without modern cavity insulation, secondary glazing only, and a medium flooding risk for the area. The maisonette is currently vacant and will require redecoration and possible modernisation to reach full rental or owner-occupation potential. Broadband speeds are average, and the small plot means limited outdoor space.
For investors this offers immediate rental income plus upside on the vacant flat and commercial lease reviews. For an owner-occupier looking to run a business below and live above, the layout and rear garage/storage provide useful flexibility. Buyers should budget for retrofit insulation, cosmetic updating and consider flood resilience measures.
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