This adaptable terraced property offers an intriguing opportunity in a central location within Barnstaple. Currently configured with a commercial office unit on the ground floor and a one-bedroom flat above, it presents multiple avenues for investment or personal use. With its potential to be transformed into two separate residential units or reverted back to a single-family home, subject to planning permissions, this property invites creative reconfiguration. The convenient proximity to public transport and local amenities enhances its appeal as both a rental asset or owner-occupied residence.
While the premises would benefit from modernisation, the scope for improvement allows future owners to enhance value significantly. The commercial space is currently generating an income of £300 per month, while the flat has previously rented for £550 per month, showcasing robust rental potential despite the need for updates. This mixed-use property is offered without any onward chain, making it an appealing prospect in one of North Devon's accessible and vibrant locations.