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5 bed property, in Lower Gunstone, £235,000
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5 bed terraced house

Lower Gunstone, Bideford, Devon EX39
£235,000
Listed BuildingFreehold

This charming Grade II listed property in the heart of Bideford offers a unique investment opportunity, comprising three self-contained flats and a separate two-bedroom cottage. The property has been expertly converted and is accessed via a communal hallway with a spiral staircase. Each flat has a distinct character, with the top-floor flat benefiting from additional roof lights and partial river views. The property has a proven track record of successful letting, generating an annual rental income of approximately £22,500. However, there is significant potential to increase this figure by modernizing the vacant cottage. With its desirable location, peaceful atmosphere, and range of amenities nearby, this property represents a superb investment opportunity with immediate income and potential for growth.