Property photos
Freehold
Guide price
£190,000
3 bed terraced house for sale
Potacre Street, Torrington EX383 beds
1 bath
1 reception
Key Information
Tenure:
Freehold
Council tax band:
A band has not yet been confirmed.
Local area information
Property location
Nearby amenities
- Great Torrington Bluecoat Church of England Primary School 0.3 miles
- Great Torrington School 0.4 miles
- Bideford Ferry Landing 5.3 miles
- Chapelton (Devon) 6.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Features and description
- Freehold
- Semi commercial investment
- Shop front with 410 square foot trading area and two separate store rooms
- Three bedroom duplex apartment above approaching 1000 square feet
- Long standing reliable tenants
- 6% return on your investment
- Freehold investment - Business unaffected
A fantastic investment opportunity in the heart of the town for this semi commercial period property. The building consists of a shop front and store room with kitchen and toilet totalling 617 square feet with a trading space of 410 square feet. Above this is a large three bedroom duplex maisonette approaching 1000 square feet. Both the flat and the shop have enjoyed long standing and reliable tenants that are happy to remain adding a real bonus to any future investing landlord. Currently the income from both units give you a return of 6% on your investment, better than the high street banks and building societies currently have on offer.
Great Torrington is a lovely little market town steeped in history dating back to the English civil war and still retains a real sense of tradition and community spirit. Conveniently located right in the heart of the town nestled amongst a lovely mix of shops, eateries and homes, this is a true opportunity. A short walk around the corner is the Plough Arts Centre and theatre as well the panier market that is still going strong.
Torrington is surrounded by Torrington Commons, 365 acres of countryside allowing for miles of scenic walks with access to the locally renowned Tarka trail, a footpath / cycle way mainly built on the bed of a disused railway where the gradients are gentle. It winds its way following the course of the river Torridge as far North as Ilfracombe or going inland South towards Meeth.
There is plenty of parking in town for visitors and residents alike with the use of two large public pay and display car parks a short walk away. For those that live and work in the town an annual permit can be purchased from as little as £1 a day giving you the use of all the Torridge district council run car parks in the area with the exception of Westward Ho!<br/><br/><b>Directions</b><br/>From our office by foot, turn right out of the door and follow round to the right passing Nationwide and Sandfords bakery. The property will be found further down on the right hand side.
Great Torrington is a lovely little market town steeped in history dating back to the English civil war and still retains a real sense of tradition and community spirit. Conveniently located right in the heart of the town nestled amongst a lovely mix of shops, eateries and homes, this is a true opportunity. A short walk around the corner is the Plough Arts Centre and theatre as well the panier market that is still going strong.
Torrington is surrounded by Torrington Commons, 365 acres of countryside allowing for miles of scenic walks with access to the locally renowned Tarka trail, a footpath / cycle way mainly built on the bed of a disused railway where the gradients are gentle. It winds its way following the course of the river Torridge as far North as Ilfracombe or going inland South towards Meeth.
There is plenty of parking in town for visitors and residents alike with the use of two large public pay and display car parks a short walk away. For those that live and work in the town an annual permit can be purchased from as little as £1 a day giving you the use of all the Torridge district council run car parks in the area with the exception of Westward Ho!<br/><br/><b>Directions</b><br/>From our office by foot, turn right out of the door and follow round to the right passing Nationwide and Sandfords bakery. The property will be found further down on the right hand side.
Floor plans and tours
Floor plans (1)
Tours (1)
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Step inside the property with a virtual tour or video walkthrough.
More information
Listed by
Bond Oxborough Phillips - Torrington
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