Two freeholds with rental income and attic conversion potential.
- Two freehold titles sold together, mixed-use mid-terrace building
- Ground-floor commercial unit currently rents for £10,000 pa
- First-floor flat spacious with attic offering conversion potential
- Grade II listing will restrict alterations and require consents
- One unit has a very low EPC (G); energy upgrades likely needed
- Residential element requires refurbishment; bathroom needs replacing
- Small courtyard garden only; no dedicated parking available
A rare two-title, Grade II listed mid-terrace in central Kingsbridge, offered as a mixed-use freehold. The ground-floor commercial unit produces £10,000 pa and benefits from good Fore Street window frontage and rear storage accessed from the courtyard. The first-floor flat is spacious with sash windows, built-in features and a large attic with skylight that could be converted, subject to planning and listed-building constraints.
The residential element requires updating: the bathroom and some finishes need replacing and at least one unit has a very low EPC (G). The listed status and stone walls may restrict alterations and insulation options; buyers should expect extra cost and consents for major works. The two titles are being sold together which could affect mortgage availability and may suit cash buyers or seasoned investors.
This is a value-add opportunity for an investor or owner-occupier seeking town-centre footfall and redevelopment potential. Possible upside includes attic conversion to an additional bedroom or subdivision into two flats (planning dependent), improved energy performance, and longer-term rental growth in a popular South Hams market town. Note the small courtyard garden, limited external amenity and no dedicated parking, typical of central town locations.
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