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See how verdicts workProperty · EX34 8DZ
For saleListed 54 days
Opportunity summary
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About
An exciting opportunity to acquire a garage/workshop with planning permission already granted for conversion into a two-bedroom detached home, situated in a popular residential area of Ilfracombe and enjoying attractive views towards the Torrs.
Planning permission has been granted under Planning Application 78048 for the change of use and conversion of the existing garage and store into a detached residential dwelling, giving purchasers the opportunity to create an individual home without the uncertainty of seeking initial planning consent.
The approved scheme provides two-bedroom accommodation, with the proposed design making excellent use of the existing building and its position.
Externally, the property benefits from off-road parking together with a private garden area, adding considerable appeal to the finished home.
Alternatively, for those not looking to undertake the conversion immediately, the existing building provides useful garage, workshop and storage space, subject to the purchaser's requirements and any necessary consents.
The property is conveniently positioned for Ilfracombe town centre, harbour and seafront, while also being within easy reach of the Torrs and the spectacular South West Coast Path.
With planning permission already secured, this is a fantastic opportunity for developers, investors or purchasers looking for a project to create their own detached home in this popular North Devon coastal town.
Planning Reference: 78048 Ilfracombe is a characterful Victorian seaside town offering a good range of everyday amenities, including independent shops, supermarkets, schools, a cinema, healthcare facilities and a variety of cafés, bars and restaurants.
The picturesque harbour remains a focal point of the town, home to the iconic Verity statue, along with a selection of galleries and eateries.
The town also benefits from a modern watersports centre and the well-regarded Ilfracombe Aquarium.
A range of local events and seasonal festivals take place throughout the year, many centred around the harbour and seafront, including performances at the Landmark Theatre.
The surrounding North Devon coastline is renowned for its natural beauty, with nearby Hele Bay offering a more sheltered beach, while the award-winning beaches at Woolacombe, Croyde and Putsborough are all within easy reach by car.
The regional centre of Barnstaple is approximately 20 minutes away, providing a wider selection of national retailers, leisure facilities and transport connections, including rail links to Exeter and beyond.
Directions From Ilfracombe High Street with our office on your left-hand side, continue out of the town passing through both sets of traffic lights and upon reaching the mini roundabout turn right into Church Hill.
Continue up this road and take the first turning on the left, then continue along this road taking the third turning on the right into Broad Park Avenue, where number 1A can be found on your right-hand side.
Outside, at the front of the building there is a concrete hardstanding that has space for 2 vehicles.
At the rear there is a garden which measures 12m in length (39ft) which comprises a large decked sitting area with a further banked area above. The total plot size amounts to 0.057 acres.
Agent Notes This property is held on a Freehold tenure, with Land Registry Title Number and uprn tbc.
The plot extends to approximately 0.057 acres and falls under North Devon Council, with flood risk and conservation area status tbc.
The property currently has mains electricity connected, with mains water, drainage and gas understood to be available nearby, although purchasers should verify connection and capacity.
Parking is provided by a concrete hardstanding for approximately two vehicles, with outside space including a rear garden extending approximately 12 metres (39ft).
Council Tax Band and EPC rating are tbc.
Planning permission was granted under Planning Application 78048 on 26 January 2024 for the change of use of the existing garage and store to create a detached two-bedroom dwelling, with the approved scheme providing approximately 83.8 sq m (902 sq ft) of accommodation.
Broadband speeds and TV/satellite availability are tbc, with mobile coverage understood to be available (truncated)
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
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Deal
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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
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FAQ
About 1a,, Broad Park Avenue, Ilfracombe
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