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Floorplan
Map6 bedroom detached house for sale
Moreton Park Road, Bideford, Devon
Detached house
6 beds
2 baths
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 900Mbps *
Mobile signal:
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Features and description
- A lucrative hmo with tenants in situ for immediate income
- Ground Floor accommodation comprising 3 spacious Bedrooms, a generously sized Kitchen / Living Room, a modern Shower Room & an additional Cloakroom
- Store Room - a bike store for the use of any tenant who has a bicycle
- First Floor accommodation comprising 3 Bedrooms, a spacious Kitchen / Living Room & a Bathroom
- Generating £39,120 p.a.
- Prime location near Bideford Town Centre
- 2 Garages included
This is an exciting opportunity to acquire a lucrative House of Multiple Occupation (HMO) property, currently generating an impressive annual gross rent of £39,120. Skilfully converted from the former Moreton Park Stores, this thriving investment is ideally situated near Bideford Town Centre along the desirable Moreton Park Road.
The property has undergone substantial renovation, particularly on the ground floor, transforming what was originally retail space into contemporary accommodation comprising 3 spacious Bedrooms, a generously sized Kitchen / Living Room, a modern Shower Room and an additional Cloakroom. The ground floor exudes a fresh, contemporary feel and further benefits from a convenient Store Room.
On the first floor, there are 3 further Bedrooms complemented by another spacious Kitchen / Living Room and a Bathroom. Although the first floor accommodation does not have the same contemporary finish as the ground floor, it remains comfortably liveable and functional, following a thoughtful reconfiguration to maximise bedroom space.
Adding further value and versatility to this property are 2 Garages included in the sale - one situated immediately behind the building and another within a nearby block. With garages in high demand in this locality, there is significant potential to boost rental income by leasing these separately or selling them individually.
This attractive investment opportunity is offered with the convenience of the existing tenants remaining in situ, ensuring immediate rental income upon completion.
Bideford is a peaceful olde worlde market town on the River Torridge. The main district is on the west bank and its narrow streets filled with white painted houses sprawl from the working quay, up the slopes to the outer suburbs. A former historic port town, Bideford is a great place to explore, whether it’s a trip to the shops or a restaurant outing there's something for everyone. The Pannier Market is a brilliant example of the town’s originality, with its terrace of artists’ workshops and independent shops. The town also champions sports at a grassroots level with both the local rugby and football teams having healthy followings. There are no end of ways to join in the community spirit of this wonderful white town on the hill.
All the amenities you'll ever need are to be found within easy reach of Bideford. To the north are the coastal towns of Westward Ho!, Appledore and Northam, all of which will figure in your day-to-day routines if you enjoy the sea or the outdoor life. Northam boasts a brilliant indoor swimming pool and gym.
Bideford is within short driving distance of the Atlantic Highway (A39) which is the main feeder route across the region leading to Cornwall in the south-west and to the M5 in the east. A regular bus service provides access to North Devon’s ‘capital’, Barnstaple. Bus users can also reach Westward Ho!, Braunton, Appledore, Croyde and Ilfracombe.
Directions
From Bideford Quay proceed up the main High Street turning left at the very top and take the first right hand turning onto Abbotsham Road. Travel through the traffic lights and past Bideford College on your left hand side. Take the next left hand turning onto Moreton Park Road. Pass the right hand turning for Laurel Avenue and follow the road as it bears right. Number 83 & 83A Moreton Park Road will be situated on your left hand side.
The property has undergone substantial renovation, particularly on the ground floor, transforming what was originally retail space into contemporary accommodation comprising 3 spacious Bedrooms, a generously sized Kitchen / Living Room, a modern Shower Room and an additional Cloakroom. The ground floor exudes a fresh, contemporary feel and further benefits from a convenient Store Room.
On the first floor, there are 3 further Bedrooms complemented by another spacious Kitchen / Living Room and a Bathroom. Although the first floor accommodation does not have the same contemporary finish as the ground floor, it remains comfortably liveable and functional, following a thoughtful reconfiguration to maximise bedroom space.
Adding further value and versatility to this property are 2 Garages included in the sale - one situated immediately behind the building and another within a nearby block. With garages in high demand in this locality, there is significant potential to boost rental income by leasing these separately or selling them individually.
This attractive investment opportunity is offered with the convenience of the existing tenants remaining in situ, ensuring immediate rental income upon completion.
Bideford is a peaceful olde worlde market town on the River Torridge. The main district is on the west bank and its narrow streets filled with white painted houses sprawl from the working quay, up the slopes to the outer suburbs. A former historic port town, Bideford is a great place to explore, whether it’s a trip to the shops or a restaurant outing there's something for everyone. The Pannier Market is a brilliant example of the town’s originality, with its terrace of artists’ workshops and independent shops. The town also champions sports at a grassroots level with both the local rugby and football teams having healthy followings. There are no end of ways to join in the community spirit of this wonderful white town on the hill.
All the amenities you'll ever need are to be found within easy reach of Bideford. To the north are the coastal towns of Westward Ho!, Appledore and Northam, all of which will figure in your day-to-day routines if you enjoy the sea or the outdoor life. Northam boasts a brilliant indoor swimming pool and gym.
Bideford is within short driving distance of the Atlantic Highway (A39) which is the main feeder route across the region leading to Cornwall in the south-west and to the M5 in the east. A regular bus service provides access to North Devon’s ‘capital’, Barnstaple. Bus users can also reach Westward Ho!, Braunton, Appledore, Croyde and Ilfracombe.
Directions
From Bideford Quay proceed up the main High Street turning left at the very top and take the first right hand turning onto Abbotsham Road. Travel through the traffic lights and past Bideford College on your left hand side. Take the next left hand turning onto Moreton Park Road. Pass the right hand turning for Laurel Avenue and follow the road as it bears right. Number 83 & 83A Moreton Park Road will be situated on your left hand side.
Rooms
Important Information
Please note: the floor plan and associated measurements provided are approximate.
Property information from this agent
About this agent
LOCAL KNOWLEDGE - NATIONAL STRENGTH ! The Company Bond Oxborough Phillips is an established local company with over 20 years experience in selling property in North Devon and North Cornwall. Throughout our network of offices we are able to offer a complete property service which includes Residential Sales, Property Management and Lettings, Auctions, New Homes and Development. Our extensive knowledge and experience of the local property market enables us to provide a professional and efficient service combined by a proactive marketing campaign. Staff All members of our negotiating teams are highly motivated and experienced in the local market. Our experience in our field enables us to advise clients on all aspects of buying and selling property. We recognise the importance of high standards of customer care and our constantly striving to improve our service. Coverage An extensive regional marketing campaign, a national network of over 250 offices and extensive website marketing enable us to provide unrivalled coverage of your property. Presentation We understand that first impressions of a property are all important. We place extreme emphasis on the presentation and quality of the sales brochure. Using the latest digital technology we produce high quality full colour particulars which always include a floor plan. Experience has shown us that a good presentation will increase viewing rates. Properties We are delighted to be instructed to sell all types of residential and commercial property. Our register currently includes Luxury Waterside Apartments, interesting Period Townhouses, a wide selection of Bungalows, Character Cottages, Executive style Houses, Barn Conversions, Holiday Chalets and Off-plan Developments. Keeping you informed As part of our service , we guarantee to give all important feedback on every viewing. Our Customer Care Co-Ordinator will provide regular summary and reports covering all aspects of our marketing campaign. Regular contact and discussion with our clients enables us to achieve a stress free and smooth sale. Prominent and highly visible offices Largest window display in the town Dedicated and experienced staff Immediate telephone marketing Extensive newspaper advertising Maximum website exposure Weekly property updates Accompanied viewings Guaranteed viewing feedback Regular marketing reports and reviews Comprehensive property brochures Informative floorplans