Commercial Opportunity, High Street, Bideford
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Commercial Opportunity, High Street, Bideford

By Phillips, Smith & Dunn

£ 325,000

Reviews

2 out of 5 stars

Phillips, Smith & Dunn says ..

We are delighted to offer the Freehold interest of this impressive Grade II listed building occupying a central position within Bideford. The property comprises commercial premises (business unaffected) on the ground floor along with 3x self-contained flats occupying the first and second floors. ...

Property Oracle says ..

This property presents a unique investment opportunity: a Grade II listed building on Bideford’s High Street. The listing details highlight commercial premises on the ground floor alongside three self-contained flats. This mixed-use nature offers potential rental income streams or further development. The property’s central location is a definite advantage, being within reasonable walking distance of several schools, though their Ofsted ratings are not all exceptional. However, the lack of provided square footage for the building and the plot means a detailed assessment of value per square foot is not possible. The images suggest a somewhat mixed state of repair, with some areas appearing more well-maintained than others. The outdoor space is small and seems to need attention. Overall, this property’s investment potential and location are strong points, but prospective buyers should carefully consider the required refurbishment and the need for further information (precise dimensions, income generated by the commercial units, and the specifics of the rental market within the flats) before committing to purchase. The price may need further analysis by a professional surveyor, given the data provided.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
6
Bathrooms
3

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
236,000.00 £
Decreased by 21.21 %
from 299,515.00 £
Average area rental value
913.00 £/mo
Increased by 21.90 %
from 749.00 £/mo
Est rental Yield
4.64 %
Increased by 54.67 %
from 3.00 %
Crime Rate
33.00 %
Unchanged by 0.00 %
from 33.00 %

Agent Activity

  • Phillips, Smith & Dunn created the listing.

Nearby Schools

NameTypeOfstedDistance
West Croft SchoolCommunity SchoolRequires improvement0.74 KM
St Mary'S Church Of England Primary SchoolVoluntary Controlled SchoolGood0.86 KM
Bideford Bay Children'S CentreChildren's Centre1.10 KM
Kingsley SchoolOther Independent School1.22 KM
Bideford CollegeAcademy Sponsor LedRequires improvement1.33 KM

Images

20230119_095943.jpg 20230119_103246.jpg 20230119_103735.jpg Bideford Drone Photo.jpg 20230119_100158.jpg 20230119_100138.jpg 20230119_095718.jpg 20230119_103205.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Grenville Street £ 000.00 KM
Providence Row £ 310,00000.00 KM
Market Place £ 60,00000.00 KM
Old Town £ 105,00000.00 KM
Silver Street £ 188,75000.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Commercial Opportunity, High Street, Bideford £ 325,000BUY5 / 100.00 KM
Lower Gunstone, Bideford £ 145,000BUY6 / 100.08 KM
Bideford, Devon £ 380,000BUY7 / 100.09 KM
Victoria Terrace, Bideford £ 75,000BUY4 / 100.10 KM
Providence Row, Bideford £ 425,000BUYUnknown0.12 KM

Nearby Properties

AddressPriceDistance
62 High Street £ 195,0000.03 KM
29 High Street £ 143,5000.03 KM
33 High Street £ 160,0000.03 KM
58 High Street £ 186,5000.03 KM
60 High Street £ 102,5000.03 KM