6 bedroom apartment for sale
Key information
Property description & features
- Tenure: Freehold
- Mixed residential/commercial investment
- 2 Apartments plus mews cottage
- 2 Shops plus store which faces the main street
- Rear courtyard and paved garden
- Income potential circa £40,000 p/a
- In one of Barnstaple oldest streets
- Grade II Listed Property
Within a short walk of the town square by the Museum and close to all High Street shops and Rock Park, this property is ideally placed for access to all amenities. Litchdon Street is a historic street which has old alms houses, many character buildings and this property is directly opposite the rear of the Imperial Hotel.
THE PROPERTY
Two Grade II Listed commercial mid-terraced premises arranged as two shops, a central store room and two residential letting units behind and over the main shops. There is a central communal yard and to the rear is a small end terraced cottage.
At the time of our inspection on the 2nd of April 2024 only one residential unit and one shop was let but the potential rental income is as follows:
8 Litchdon Street - £560 pcm (commercial, currently vacant)
9 Litchdon Street - £850 pcm (residential, currently vacant)
9a Litchdon Street - £875 pcm (residential, currently vacant)
10 Litchdon Street - £210 pcm (commercial, tenanted)
10a Litchdon Street – 800 pcm (residential, tenanted)
Store Room - £100 pcm (commercial, used by the owners)
Potential annual gross income of £40,740 when fully let.
The owners of the property are actively looking to have the whole property occupied.
From the Webbers Barnstaple office turn left and proceed down Queen Street towards the Bus Station, keep on the right hand side. Cross over the inner relief road turning right towards the Square and Museum. Take the first left turn past the Bike Shop and beyond Brewer Harding & Rowe solicitors offices. The premises are on the left hand side just past the Record Shop and opposite the rear of The Imperial Hotel.
Rooms
8 LITCHDON STREET
Lock up shop & store room circa 322 sq ft.
Ground Floor Store
9 LITCHDON STREET
Mews cottage style which is approched from the rear courtyard.
Ground Floor
Open Plan Kitchen Diner 3.38m x 5m
Lounge 3.38m x 3.05m
Stairs to First Floor
Bedroom 1 1.75m x 2.6m
Shower Room/WC 2.18m x 1.55m
Bedroom 2 3.84m x 3.1m
9a LITCHDON STREET
The apartment has rear access from the courtyard.
Ground Floor Hall & Lobby
With wall mounted gas central heating boiler.
Kitchen 3.96m x 2.24m
Bathroom /WC
Three piece suite.
First Floor Open Plan Lounge 3.96m x 3.53m
Inner Landing
Bedroom 1 2.6m x 2.2m
Bedroom 2 3.84m x 4.11m
With walk in cupboard off.
10 LITCHDON STREET
Lock up shop circa 175 sq ft.
10a LITCHDON STREET
Apartment accessed via the central covered walkway/yard.
Ground Floor Lobby
Cloakroom
Stairs to First Floor
Open Plan Area.
Kitchen 2.95m x 2.26m
Lounge/Kitchen 3.78m x 2.26m
Bedroom 1 3.76m x 3.43m
Bedroom 2 2.67m x 3.78m
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