This extensive property complex offers a unique opportunity for redevelopment and investment, featuring multiple structures across over 11,000 sq. ft. Situated on a generously sized 0.45-acre lot, the site consists of a mix of residential and former commercial buildings, including an attractive four-bedroom period home known as Oakdale, a two-bedroom flat, and the historically significant Elms, which is Grade II listed.
The various buildings present distinct prospects for renovation or conversion. Oakdale is in basic condition and would benefit from modern updates, while The Elms and the flat have remained vacant since the 1980s and require significant refurbishment. Additionally, a former showroom made of stone provides further potential for creative redevelopment strategies.
Located at the corner of Blundell’s Road and Station Road, this property enjoys excellent visibility and accessibility. Its proximity to Tiverton's town center means residents can easily access diverse amenities, including shops, supermarkets, schools, and recreational facilities. Additionally, the area is well-connected to major transport routes; Junction 27 of the M5 motorway is just a short drive away, along with Tiverton Parkway Railway Station offering direct services to London Paddington.
The outdoor space enhances the property's appeal with private gardens shielded by high walls, alongside sufficient parking capacity for approximately 20 vehicles. The presence of garages and smaller outbuildings adds additional functionality to the complex.
Given its history of mixed-use—residential properties alongside former business premises—there are multiple avenues for future development pending necessary approvals from local authorities. With careful planning and vision, this site presents an excellent investment opportunity in an increasingly sought-after location within Mid Devon District Council's Conservation Area.
Prospective buyers should note some essential details regarding services: mains electricity, drainage, water supply, and gas are all connected to the property. While only Oakdale currently has central heating installed, there is potential to enhance heating capabilities across other units once renovated.
This property is ripe for those looking to capitalize on both its historical character and strategic location in Tiverton—a market town that balances charm with commuter convenience.
