The Old Bakery, a property with a rich history, presents a unique opportunity for renovation and investment. Originally a popular bakery cherished by locals, it later served as a residential care home. Now, there is a prospect to restore it back to its residential roots, with planning applications currently being pursued to facilitate this transition.
Situated in an elevated position within the town, the property benefits from proximity to various amenities including shops, schools, and public transport links. Rare for central houses, it features an expansive parking area and generous garden space, enhancing both convenience and potential for outdoor development.
The interior layout offers flexibility for new owners or investors. The ground floor comprises a versatile dining room/study/snug alongside a spacious living room and kitchen/diner that opens into a sun room at the rear. A wet room completes this level. Ascending to the first floor reveals four bedrooms and two bathrooms, along with a kitchenette that can be closed off along with one bedroom and shower room to function as an independent annexe. This provides options either as a four-bedroom residence with three baths or as a three-bedroom home supplemented by an additional one-bedroom annexe—ideal for rental or multi-generational living.
Outside, the ample driveway allows for multiple vehicles and includes space suitable for adding garage or shed facilities (subject to planning). The rear garden is mostly level and lawned, featuring paved seating areas that connect seamlessly to the sun room. There’s also a block-built shed which offers additional storage or potential enhancement.
A favorable planning appraisal is available for review via the agents, indicating support for conversion back to residential use. Interested buyers may submit offers subject to planning approval; however, it's important to note that any legal or lending processes could experience delays due to ongoing planning considerations.
Crediton itself is a vibrant market town known for its lively high street filled with independent shops and eateries. The town also boasts an emerging arts scene and hosts regular community events in its market square. With easily accessible amenities including primary and secondary schools as well as strong transport links to Exeter, Crediton remains an appealing location for both residents and investors alike.
This property stands out not only due to its historical significance but also due to its significant renovation potential in a desirable location—making it an attractive prospect for those looking to invest in real estate within this thriving town.
