4 bed terraced house for sale

Summerland Street, Barnstaple, Devon EX32

Investment Opportunity – Fully Let Block of Three Flats.

A superb investment opportunity located just a short level walk from Barnstaple Town Centre. This attractive property has been converted to a high specification and comprises three self-contained flats – two one-bedroom and one two-bedroom, all fully occupied with tenants in place providing immediate rental income. Currently managed by a local letting agent, this property offers a seamless, ready-made investment with no onward chain.
Ideal for investors seeking a high-quality, income-producing asset in a prime and convenient location.

An exceptional investment opportunity situated within easy reach of Barnstaple Town Centre, this impressively converted block of three apartments offers a rare chance to acquire a high-quality, income-producing property with immediate returns.

Having been converted to an exacting standard, the property now comprises three well-presented self-contained flats-two stylish one-bedroom apartments and a spacious two-bedroom apartment-each finished to a high specification with quality fixtures, contemporary kitchens, and modern bathrooms. The conversion has been thoughtfully designed to maximise space, light, and comfort, ensuring strong tenant appeal and long-term letting potential.

The property is fully occupied with tenants in situ, providing an immediate and reliable income stream. It is currently professionally managed by a respected local letting agent, offering a truly hands-off investment experience for the purchaser. With no onward chain, this represents a seamless acquisition for investors seeking stability, convenience, and quality.

Positioned just a short, level walk from Barnstaple’s vibrant town centre, residents benefit from easy access to an array of shops, cafés, restaurants, and transport links. This central yet peaceful setting ensures consistent rental demand and underpins the property’s strong investment credentials.

In summary, this is a rare opportunity to acquire a turnkey investment in one of North Devon’s most sought-after market towns-a high-specification, fully let block of three apartments offering both immediate income and long-term growth potential.

Ground Floor

Entrance Door To

Entrance Hall

With tiled floor, entry phone handset, smoke detector, emergency lighting, inset spotlights and leading to

Lounge (4.48m x 3.54m)

With double glazed window to front, exposed stone wall, radiator, laminate flooring, smolke detector and inset spotlights.

Bedroom (3.64m x 3.6m)

With double glazed french doors out into the garden, laminate floor, smoke dectector and inset spotlights.

Kitchen/Diner (5.1m x 2.63m)

With double glazed window and french door out into the garden. Gas cooker with extractor over, tiled floor, range of attractive modern fitted units, comprising work tops with cupboards and drawers under, inset stainless steel single drainer sink unit, matching cupboards over, space and plumbing for dishwasherm heat detector, radiator, built in cupboard and door to

Bathroom (2.63m x 1.83m)

With double glazed window, tiled floor, inset spotlights, modern fitted bathroom suite with marble effect tiled surround and splashback, vanity wash hand basin, low level W.C, and airing cupboard with shelving and space and plumbing for washing machine.

Outside

Fully enclosed rear courtyard garden with rear pedestian access.

Flat B / First Floor

Entrance door to

Lounge (3.63m x 3.61m)

With double glazed window to rear, part laminate and part tiled floor, underfloor heating, entry phone, steps down to inner hall and doors to

Bedroom One (3.72m x 2.99m)

With double glazed window to front, laminate flooring, electric panel heater, spot lights and smoke detector.

Bedroom Two (3.72m x 2.58m)

With double glazed window to front, laminate flooring, electric panel heater, spot lights and smoke detector.

Inner Hall

With window to side and tiled floor.

Bathroom (1.87m x 1.66m)

With fitted suite comprising bath with mixer tap shower, tiled surround, pedestal wash hand basin, low level W.C, tiled floor and airing cupboard with tank and storage under.

Kitchen/Breakfast Room (3.05m x 2.66m)

With double glazed window to rear, range of fitted units comprising work tops with cupboards and drawers under, inset single drainer sink unit, matching wall cupboards, built in oven and hob, plumbing for washing machine and tiled floor.

Flat C / 2nd Floor

Entrance door to

Entrance Hall

With vinyl floor, inset spotlights, emergency lighting, stairs up to half landing with all other rooms off.

Living Room / Kitchen (5.55m x 3.52m)

With double glazed dormer window to front, laminate flooring, inset spotlights, under floor heating, kitchen area with range of modern fitted units comprising work tops with cupboard and drawers under, inset stainless steel single drainer sink unit, inset hob and oven, plumbing for washing machine and island unit.

Bedroom (3.43m x 2.77m)

With double glazed windoe to rear, under floor heating and three built in storage cupboards.

Shower Room

With fitted shower cubicle, extractor, basin and low level W.C.

Agents Note

Currently the flats are fully oocupied. The rents being acheived are as follows:

Flat A - £650PCM

Flat B - £750PCM

Flat C - 600PCM