Grade II listed mixed-use period property with garden and income potential in Ashburton.
- Grade II listed Victorian period property with characterful features
- Mixed-use: two-room shop plus self-contained two-floor residential accommodation
- Retail element estimated rental income £9,500 per annum
- Residential let on six-month AST at £875 pcm from Feb 2025
- Courtyard walled garden accessed from kitchen/day room
- Possible conversion to single dwelling subject to planning and consents
- Listed status will restrict alterations and complicate major works
- Medium flood risk; factor insurance and mitigation costs
A handsome Grade II listed Victorian property on a corner plot in the popular market town of Ashburton. The building currently combines a two-room retail unit on the ground floor with self-contained living accommodation over the upper two floors, offering genuine flexibility for an owner-occupier who wants to run a business, or an investor seeking rental income.
The retail element currently produces an estimated £9,500 pa and the residential part is let on a short Assured Shorthold Tenancy at £875 pcm from February 2025, providing immediate income while longer-term plans are considered. Period features such as arched windows, decorative cornice and a bay window remain intact, and the kitchen/day room opens onto a charming walled courtyard garden — a rare town-centre outdoor space.
The property is adaptable: the first-floor living room was formerly two bedrooms and can be reinstated, and there is scope (subject to planning and listed-building constraints) to convert the whole into a single private dwelling. Ashburton’s shops, cafes and access to Dartmoor make this a sought-after location with good commuter links to Exeter and Plymouth.
Important practical points are clear: the house is Grade II listed which will restrict alterations and may complicate conversion or major works, and the site has a medium flood risk. Prospective buyers should budget for listed-property maintenance and check consents if pursuing conversion or refurbishment plans.
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