Summary - Basement Flat, 18 Montpelier Terrace EX34 9HR
2 bed 1 bath Flat
Chain-free, long-lease two-bed with renovation potential close to shops and harbour.
Private lower-ground entrance and small rear courtyard
A two-bedroom lower-ground apartment with its own private entrance and courtyard, set within a handsome Victorian terrace on Montpelier Terrace. The flat offers a large living room, one double and one single bedroom, a kitchen and bathroom, and gas central heating — practical basics in a central Ilfracombe location close to shops, cafes and the harbour.
This share-of-freehold home comes with a very long lease (effectively 999 years remaining) and is offered chain-free, making completion straightforward. Service charge is approximately £1,440 per year (includes buildings insurance and management) and a small ground rent of £100 applies.
The property needs light refurbishment throughout, so it will suit someone happy to modernise to their own taste. Holiday letting is not permitted by the lease, but the flat can be used as a main home or a second residence. Average broadband and excellent mobile signal support modern living; there is no flooding risk noted.
Practical and characterful, this basement apartment is appealing for first-time buyers or downsizers seeking a central Ilfracombe base with renovation potential and long-term tenure security.
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