For Sale

Hills View, Barnstaple

Asking Price

£295,000

Description

A substantial period property conveniently situated within a short walk of Barnstaple Town Centre and its excellent range of amenities, shops, restaurants, and attractions. Currently arranged as three self-contained residential units, the property comprises a spacious one-bedroom ground floor flat with private courtyard garden, a first floor studio flat, and a generous maisonette occupying the first and second floors with two double bedrooms. Offering versatile and well-proportioned accommodation throughout, this attractive investment opportunity benefits from tenants currently in situ and professional management by a reputable letting agent, making it an ideal addition to an investment portfolio.

  • Type: Apartment
  • Bedrooms: 4
  • Bathrooms: 3
  • Reception Rooms: 5

Occupying an enviable position within the sought-after Hills View area of Barnstaple, this substantial and characterful period residence presents an exceptional investment opportunity, combining generous accommodation with an established rental income, all within easy reach of the town centre and the many amenities North Devon’s regional hub has to offer.

Set just a short stroll from the vibrant heart of Barnstaple, the property enjoys convenient access to an excellent selection of independent shops, cafés, restaurants, leisure facilities, schools, and transport links, whilst also benefitting from the elevated and highly regarded surroundings of the Hills View location. There is also residents street parking available for the three properties, situated directly to the front of the building.

The property is currently arranged as three self-contained residential units, each offering well-proportioned accommodation and a wealth of versatility for investors seeking a ready-made income-producing asset.

The ground floor apartment is a particularly spacious one-bedroom flat, thoughtfully arranged to provide a welcoming lounge, separate dining room, fitted kitchen, shower room, separate WC, and a generous double bedroom. Adding further appeal is the private enclosed courtyard garden, providing valuable outside space rarely found in similar town centre properties.

To the first floor is a well-appointed studio apartment comprising an open-plan living and bedroom area, fitted kitchen, and shower room, ideally suited to modern rental demand.

Occupying the upper floors is an impressive maisonette extending across the first and second floors, offering substantial accommodation including a comfortable lounge, separate dining room, fitted kitchen, two well-proportioned double bedrooms, and a shower room. The maisonette provides a wonderful sense of space and character, making it particularly attractive for long-term tenants.

The property is offered with tenants currently in situ and benefits from ongoing management by a reputable local letting and property management agent, allowing for a smooth and seamless transition for prospective investors. A rare opportunity to acquire an imposing and versatile period property in one of Barnstaple’s most convenient and established residential locations, offering immediate income potential together with long-term investment appeal.

Location