Barnfield Hill, Exeter

This substantial former doctor's surgery presents an exceptional development opportunity in the highly sought-after St Leonards area of Exeter. With planning permission granted for conversion into three self-contained apartments, this property is perfectly positioned just a short walk from the city centre, Cathedral Green, and the picturesque Quayside. The location offers easy access to a variety of independent shops, cafés, and restaurants, making it attractive for both developers and investors alike. The property features a well-considered approved scheme that retains much of the existing layout, minimizing structural alterations and associated costs. The proposed conversion includes two one-bedroom apartments on the ground floor and an impressive three-bedroom apartment on the first floor. This development is anticipated to appeal to both owner-occupiers and investors, with estimated rental values of around £1,200 per month for each one-bedroom unit and approximately £1,800 for the three-bedroom apartment. Spanning approximately 2,733 square feet, the building retains attractive period features such as generous ceiling heights and large sash windows, creating bright and spacious accommodation. The intelligent design of the proposed scheme makes excellent use of the existing footprint, providing a unique opportunity for developers. Outside, the property is approached via a charming front garden that enhances its Victorian façade. An enclosed rear garden offers valuable outdoor space for future residents. Additionally, there is a driveway along the side of the property, which will be retained for the benefit of the dental practice situated at the rear. Residents' parking permits are available in this desirable city centre location. Utilities include mains electric, water, gas, and drainage, along with ultrafast broadband availability. Please note that there are restrictive covenants on the title; further details can be provided upon request.