Summary - Flat, 123, Boutport Street, BARNSTAPLE EX31 1TD
4 bed 2 bath Commercial Property
**Standout Features:**
- Grade II Listed Building with unique architectural charm.
- Significant rental income potential: approximately £20,000 pa, with potential HMO income of c. £37,500 pa.
- Includes a 2-bedroom cottage, flat, and currently tenanted shopfront.
- Located in the historic center of Barnstaple with communal courtyard.
**Concise Summary:**
Presenting a remarkable investment opportunity, this Grade II Listed mid-terrace property in Barnstaple combines residential and commercial potential. The first-floor flat offers spacious living with two generous bedrooms, a light-filled living room, and a functional kitchen, while the cottage features an inviting fireplace and ample living space, perfect for families or long-term tenants. The currently tenanted shopfront generates consistent income and overlooks a vibrant town center, ensuring high visibility and foot traffic. Enjoy the advantage of communal courtyard space, and capitalize on the potential for renovations to maximize rental yield.
This property appeals to savvy investors looking for a mix of character and earning potential, situated in an area with fast broadband and excellent mobile signal, despite its current challenges, including the listed building status and requisite maintenance upgrades. With immediate cash-flow opportunities and the prospect of greater returns through redevelopment, act swiftly to capitalize on this rare offering!
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