4-bedroom terraced house · EX34 9DF
For saleListed 322 days
Opportunity summary
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About
Terraced property on Ilfracombe High Street with a refurbished and successful Bar & Bistro, two flats above (potential for a third) plus rear garden with access. Perfect for investors.
Jonny c's Bar & Bistro Jonny c's Bar & Bistro is a successful and recently refurbished café nestled in the heart of Ilfracombe High Street.
Boasting a sleek, contemporary open-plan design, the bistro offers seating for approximately 38 covers, creating an inviting and stylish atmosphere for customers.
The space features a newly designed, modern bar area and a customer WC, enhancing both comfort and functionality.
A fully equipped commercial kitchen is located on the ground floor, complemented by additional storage rooms to support efficient operations.
Jonny c's is an ideal venue for casual dining, social gatherings or a relaxed drink in a central and vibrant location.
Flat One Flat One is located on the first floor of the building and is currently used as a spacious double bedroom, complemented by a generous storage area.
While the space is not presently configured as a self-contained unit, it offers significant potential for conversion into a one-bedroom flat, subject to the necessary renovation and development work.
This presents an excellent opportunity for further enhancement and added value to the property.
Flat Two Flat Two is a generously sized two-bedroom apartment located on the second floor of the building. Both bedrooms are double in size, offering ample living space.
The flat features an open-plan lounge, kitchen, and dining area, along with a three-piece bathroom suite.
While the layout is practical and spacious, the property would benefit from cosmetic improvements, presenting a great opportunity to enhance its overall appeal and value.
Flat Three Situated on the top floor, this well-designed one-bedroom flat offers stylish and comfortable living.
The double bedroom features a modern fitted three-piece en-suite bathroom, while the kitchen is fully equipped and functional.
The beautifully presented open-plan living area provides ample space for a dining table and opens onto a Juliet balcony, offering stunning views of Ilfracombe’s coastline and the iconic Landmark Theatre.
This flat combines modern living with breath-taking scenery, making it a standout feature of the property.
Outside Space The main entrance to the property is currently accessed through the café, providing a convenient and central entry point.
However, the property also benefits from a private rear garden area, offering outdoor space for relaxation or potential development.
Additionally, there is separate rear access to the residential flats above, ensuring privacy and flexibility for occupants independent of the commercial premises.
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.
Directions This property is situated directly opposite our office 135 High Street, EX34 9EZ, Ilfracombe. We would recommend parking on the high main high street, Springfield Road or Oxford Grove.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About 17, High Street, Ilfracombe
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