01392 243077
estate agents

High Street, Crediton £425,000

Sold STC
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  • Five apartments, a mews house and a Commercial Shop
  • Great Location
  • No Chain
  • First fix started
  • Lots of building materials being sold with the build.

A unique opportunity to purchase this investment/development building that is situated in the heart of Crediton. The property has planning going through for the building to be converted into five apartments, a mews house, and a commercial shop. We expect the GDV to be more than £800,000 once complete. The building also benefits from a lot of the first fix being completed and all the kitchens with other materials have been bought for the build and will be sold with the building.


GDV

We expect once build complete the below properties will achieve. - £150,000 - Two-bedroom ground floor apartment - £150,000 - Two-bedroom First floor apartment - £150,000 - Two-bedroom Second floor apartment - £75,000 - First floor studio flat - £75,000 - - Second floor studio floor - £165,000 - Mews House - £50,000 - Commercial Shop

Floorplans

The floor plans provided are not to scale and are subject to changes,

Planning

The property is currently going through planning and the seller will happily do a conditional exchange with some if the planning is not through by the time you would want to exchange.

Agents Notes

These particulars are not an offer or contract, nor part of one. You should not rely on statements by Francis Louis in the particulars or by word of mouth or in writing (“information”) as being factually accurate about the property condition or its value. Neither Francis Louis nor any joint agent has any authority to make any representations about the property and accordingly any information given is entirely without responsibility on the part of the agents, sellor(s) or lessor(s) Photos etc: The photographs show only certain parts of the property as they appeared at the time they were taken. Areas, measurements and distances given are approximate only. Regulations etc: Any reference to alterations to, or use of, any part of the property does not mean that any necessary planning, building regulations or other consent has been obtained. A buyer or lessee must find out by inspection or in other ways that these matters have been properly dealt with and that all information is correct. VAT: the vat position relating to the property may change without notice.


Click to enlarge

High Street
Crediton EX17 3DT
Sale Type: Sold STC
Ref #: 00001001

P: 01392 243077
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