Summary - 15 ALLHALLAND STREET BIDEFORD EX39 2JD
5 bed 1 bath Shop
### Standout Features:
- **Investment Potential:** Total rental income of £34,840 per annum, gross yield of 10%.
- **Mixed-Use Configuration:** 2 retail units and 4 residential flats (3x 1-bed, 1x 2-bed).
- **Location Benefits:** Situated in the bustling thoroughfare of Allhalland Street, close to High Street and ample parking.
- **Recent Upgrades:** Exterior recently decorated and leadwork replaced.
- **Area Development:** Bideford is undergoing significant investment with future residential and leisure developments.
### Summary:
Discover a prime investment opportunity on Allhalland Street in Bideford, Devon. This charming Grade II Listed property spans three stories and combines two retail shops with four fully-let residential flats, ensuring a steady rental income of £34,840 annually. The double fronted shop (352 sq.ft) and the single fronted shop (398 sq.ft) are located on a busy pedestrian thoroughfare, benefiting from high foot traffic and visibility. The residential units above include three 1-bedroom and one 2-bedroom apartment, equipped with either gas central or electric heating, catering to diverse tenant preferences.
Bideford, with its growing population and ongoing local developments, offers a vibrant setting for both businesses and residents. While the property has been well-maintained, potential buyers should be aware that renovations or extensions may be challenging due to its listed status. Ideal for savvy investors looking to capitalize on a thriving market, this mixed-use property combines comfort and financial viability. Don't miss this chance to enhance your portfolio in a desirable location—act now!
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