Summary - Flat, 123, Boutport Street, BARNSTAPLE EX31 1TD
4 bed 2 bath Character Property
**Standout Features:**
- Grade II Listed character property
- 4 bedrooms, 2 bathrooms
- Current rental income of approximately £20,000 per annum
- HMO potential projected at £37,500 per annum
- Communal courtyard and substantial storage options
- Excellent mobile and broadband connectivity
- Convenient urban location with access to amenities
This impressive Grade II listed character property, located in a prominent urban area, presents a fantastic investment opportunity for savvy buyers. With four bedrooms and two bathrooms, this well-sized property is tailored for families or investors looking for rental potential. Currently generating about £20,000 annually, the property has the added advantage of HMO potential, which could elevate income to approximately £37,500 with some redevelopment.
The dual living spaces—a two-bedroom flat and a charming two-bedroom cottage—each offer spacious rooms filled with natural light, alongside extensive storage options. A commercial shop currently rented by a longstanding taxi firm adds to the income mix. While the property requires roof maintenance and comes with the complexities of listed status, its features, including a communal courtyard and the potential for future expansion, make it a unique opportunity in a city with high demand for rental properties.
With excellent broadband speeds and mobile connectivity, this versatile property sits at the heart of a vibrant community, making it ideal for families and renters looking for urban convenience while maintaining character and charm. Opportunities like this don’t last long—don’t miss your chance to secure a property rich with potential!
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