Summary - 60, MILL STREET EX39 2JT
4 bed 4 bath Character Property
**Standout Features:**
- Grade II listed character property
- Mixed-use: 2 residential apartments & 2 commercial shops
- Prominent central location on Mill Street
- Excellent rental potential, with estimated income of £30,000+ p/a
- Some rooms need modernization, offering renovation opportunities
- Potential for conversion into an HMO for increased income
This distinctive Grade II listed character property on Mill Street, Bideford, presents an exceptional investment opportunity with its mixed-use setup of two commercial shops and two spacious residential apartments. The lively central location is key, ensuring good foot traffic for the shops while providing long-term rental stability from the apartments. With two of the four units currently occupied by reliable tenants, you already have a foundation for a lucrative venture.
Although the property requires some modernization, its unique architectural charm offers versatility for future enhancements—aiming for both commercial viability and residential comfort. The two flats, accessible via a grand entrance, allow for creative reconfiguration, especially with the option to convert a storage room into an additional studio apartment. This is an ideal property for investors looking to build their portfolio or those seeking a valuable income-generating asset in a city with potential. Given its robust letting prospects and renovation flexibility, opportunities like this don’t last long—act now to secure your future investment!
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