5-bedroom house · EX34 9NQ
For saleReduced £15k (−4.6%) on 2 JulListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented five/six bedroom home with an established ground-floor restaurant and potential for a self-contained one bed annex-ideal for flexible living or investment opportunity.
Levain (Restaurant) An exciting opportunity to acquire a beautifully decorated and vibrant restaurant, thoughtfully designed to create a warm and inviting dining experience.
With seating for up to 26 covers when fully booked, this intimate yet lively space is perfectly suited for a range of culinary concepts, from cosy bistro dining to stylish evening service.
The restaurant boasts a well-proportioned and functional kitchen, ideal for efficient service, alongside a welcoming bar area that enhances the overall customer experience.
A conveniently located two-piece customer restroom completes the layout, ensuring comfort and practicality for guests.
Positioned in a prime location, this property offers not only a fantastic business opportunity but also the rare advantage of potential family living above.
Whether you’re an experienced restaurateur or an aspiring entrepreneur, this unique setup provides the perfect balance of lifestyle and business convenience.
Property Description This well-presented mid-terraced home is arranged over three generous floors, offering flexible and expansive accommodation ideally suited to modern family living, with the added benefit of potential for a self-contained one-bedroom annex.
The main residence comprises five/six well-proportioned bedrooms, including a versatile home office that could easily serve as an additional bedroom.
A spacious kitchen diner forms the heart of the home, perfect for both everyday living and entertaining, while a comfortable living room provides a relaxing retreat.
The property is further enhanced by a stylish, modern three-piece bathroom suite.
A key feature of this home is the exciting potential to create a self-contained annex, ideal for extended family, guests, or rental income.
The space currently includes two WC areas with scope to convert into a full three-piece shower room, a separate reception room suitable as a double bedroom, and a utility room that could be transformed into a kitchen area.
Externally, the property benefits from a low-maintenance courtyard, as well as a spacious sun terrace-perfect for outdoor dining, entertaining, or simply unwinding.
Offering both immediate comfort and future potential, this property presents a fantastic opportunity for growing families or those seeking flexible living arrangements.
Location Ilfracombe town offers a variety of independent shops, art galleries, restaurants and bars.
The picturesque seafront and harbour area is home to artist Damien Hirst's ‘Verity’ statue at the harbour entrance.
In addition is the exciting new water sports centre and café making the harbour a hive of activity.
North Devon has a wealth of simply stunning golden sand beaches and has long been a mecca for British surfers.
The area has recently been declared a ‘world surfing reserve’, one of just 12 places on the planet along with Australia’s Golden Coast and Malibu in California.
Agent Notes - potential for a one bedroom self contained annex but would require renovation - restaurant currently sits 26 covers - owners currently rent a garage near by which can be easily transferred onto the new owner for parking Directions From our office, head towards Meridian Place down the high street for 0.2 miles where you will find the property situated on the left hand side just before the zebra crossing.
We would advise parking at High street Car Park where the property is a short walk away. What3words: Botanists.civil.freezing
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 79, High Street, Ilfracombe
Explore nearby