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£210,0002 bedroom terraced house for sale
Newport Road, Barnstaple, Devon
Added yesterday
Terraced house
2 beds
2 baths
645
EPC rating: E
Key information
Tenure: Freehold
Council tax: Band A
Broadband: Ultra-fast 1000Mbps *
Mobile signal:
EEO2ThreeVodafone
Features and description
- Freehold opportunity business unaffected
- A mixed commercial & residential building
- Ground Floor double-fronted retail unit with kitchenette, toilet & rear stockroom
- First Floor 1 Bedroom flat with Lounge / Diner, Kitchen, Bedroom & Shower Room
- Second & Third Floor maisonette with Lounge / Diner, Kitchen, Bathroom, Bedroom, additional Lounge, workspace & storage area
- The Freehold interest is offered for sale, including the benefit of existing tenancies with a total rental income of £20,960 per annum
FREEHOLD OPPORTUNITY - BUSINESS UNAFFECTED
RETURN ON INVESTMENT IS 10.29%
Prime mixed Commercial & Residential property in Newport, a sought after area near Barnstaple Town Centre.
This 4-storey mixed Commercial and Residential building, including an Attic Room, is constructed under a pitched slate roof and benefits from a single-storey rear extension. The extension provides additional storage for the retail unit and a separate entrance for the residential flats.
The Ground Floor features a double-fronted retail unit offering 403 sq. ft (37 sq. m) of sales space. The unit is equipped with a kitchenette, toilet, and rear stockroom, with a separate rear access point for added convenience.
Above the shop are 2 self-contained flats:
Flat 1 (First Floor): A 1 Bedroom property with a Lounge/Diner, Kitchen, Bedroom, and Shower Room.
Flat 2 (Second and Third Floors): A spacious maisonette comprising a Lounge/Diner, Kitchen, Bathroom, and Bedroom on the Second Floor, with the Third Floor offering an additional Lounge, workspace, and storage area with dual-aspect windows.
To the rear of the property, there is a small yard.
SALE DETAILS
The Freehold interest is offered for sale, including the benefit of existing tenancies.
Retail Unit: Let at £6,500 per annum on a 3-year lease starting May 2024, with a tenant’s break clause after 18 months.
Flat 1: Let at £7,320 per annum.
Flat 2: Let at £7,800 per annum.
Freehold for sale with existing tenancies, generating £21,620 annual rental income.
Barnstaple Town Centre, the historic and regional centre of North Devon, is surrounded by beautiful countryside and some of the area’s best beaches. As the commercial centre of the region, the town centre offers a variety of banking, schooling and recreational facilities including a theatre, cinema, leisure centre, restaurants and the North Devon District Hospital. The vibrant town combines modern shopping amenities with a bustling market atmosphere.
The A361 North Devon Link Road provides convenient access to the M5 motorway network and beyond. Exmoor National Park and North Devon’s famous surfing beaches at Croyde, Putsborough, Saunton (also with Championship golf course) and Woolacombe are all within about half an hour by car. The nearest International airports are at Bristol and Exeter.
Directions
From our Barnstaple Office, head south on Boutport Street onto Queen Street. At the roundabout, take the 1st exit onto Belle Meadow Road, and straight at the next roundabout, taking you onto Barbican Road. At the next roundabout, take the 2nd exit onto Victoria Road. Turn left onto Newport Road, where you will see the shop 'Partylicious & Balloons' and the 2 flats situated above
What3Words: shades.backed.soon
RETURN ON INVESTMENT IS 10.29%
Prime mixed Commercial & Residential property in Newport, a sought after area near Barnstaple Town Centre.
This 4-storey mixed Commercial and Residential building, including an Attic Room, is constructed under a pitched slate roof and benefits from a single-storey rear extension. The extension provides additional storage for the retail unit and a separate entrance for the residential flats.
The Ground Floor features a double-fronted retail unit offering 403 sq. ft (37 sq. m) of sales space. The unit is equipped with a kitchenette, toilet, and rear stockroom, with a separate rear access point for added convenience.
Above the shop are 2 self-contained flats:
Flat 1 (First Floor): A 1 Bedroom property with a Lounge/Diner, Kitchen, Bedroom, and Shower Room.
Flat 2 (Second and Third Floors): A spacious maisonette comprising a Lounge/Diner, Kitchen, Bathroom, and Bedroom on the Second Floor, with the Third Floor offering an additional Lounge, workspace, and storage area with dual-aspect windows.
To the rear of the property, there is a small yard.
SALE DETAILS
The Freehold interest is offered for sale, including the benefit of existing tenancies.
Retail Unit: Let at £6,500 per annum on a 3-year lease starting May 2024, with a tenant’s break clause after 18 months.
Flat 1: Let at £7,320 per annum.
Flat 2: Let at £7,800 per annum.
Freehold for sale with existing tenancies, generating £21,620 annual rental income.
Barnstaple Town Centre, the historic and regional centre of North Devon, is surrounded by beautiful countryside and some of the area’s best beaches. As the commercial centre of the region, the town centre offers a variety of banking, schooling and recreational facilities including a theatre, cinema, leisure centre, restaurants and the North Devon District Hospital. The vibrant town combines modern shopping amenities with a bustling market atmosphere.
The A361 North Devon Link Road provides convenient access to the M5 motorway network and beyond. Exmoor National Park and North Devon’s famous surfing beaches at Croyde, Putsborough, Saunton (also with Championship golf course) and Woolacombe are all within about half an hour by car. The nearest International airports are at Bristol and Exeter.
Directions
From our Barnstaple Office, head south on Boutport Street onto Queen Street. At the roundabout, take the 1st exit onto Belle Meadow Road, and straight at the next roundabout, taking you onto Barbican Road. At the next roundabout, take the 2nd exit onto Victoria Road. Turn left onto Newport Road, where you will see the shop 'Partylicious & Balloons' and the 2 flats situated above
What3Words: shades.backed.soon
Property information from this agent
Area statistics
Crime score
Moderate crime
4/10
Home prices (average)
2 bedroom terraced houses
£205,801
£205,801
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
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