Period property with commercial potential (STPP), Exeter

FANTASTIC POTENTIAL AS A BOUTIQUE HOTEL, WEDDING AND PARTY VENUE (subject to the necessary permissions and licenses).

AN IMMACULATE PERIOD DETACHED PROPERTY CLOSE TO THE CITY CENTRE. 7-BEDROOMS, 4 RECEPTION ROOMS AND 4 BATHROOMS. GARDEN WITH A SWIMMING POOL AND WOODLANDS. 6 SEPARATE APARTMENTS CURRENTLY RENTED OUT FOR £85,500 PER ANNUM.

Situation
The property is located in the lively Cathedral City of Exeter, which offers a rich heritage and is a fantastic place to live and work. It is a thriving City with so much to see and do. The City's Gothic Cathedral presides over pockets of cobbled street, Medieval and Georgian architecture, quaint boutique shops and fine dining eateries. The Historic Quay side is host to any number of activities including kayaking, climbing, sailing and cycling. Also dotted around the Quayside are a vibrant variety of cafes, shops and restaurants.

Exeter is a stylish, thriving and versatile place to be, it is lively and yet relaxed with everything you will need for a happy, healthy lifestyle. Located off Junction 30 on the M5 in the picturesque County of Devon. Close to all local amenities, Topsham and Exeter City centre.

The property is a magnificent, detached period home, originally constructed in 1831, showcasing elegant white rendered exteriors and a variety of charming original features, such as high ceilings and intricate ceiling roses. These classic elements are seamlessly complemented by modern, stylish fittings and décor throughout. Both the house and garden have been recently renovated to an exceptional standard.

The sale includes 6 self-contained apartments located behind the main property which are all currently rented out. There are two 2-bedroom and four 1-bedroom apartments with two boasting small gardens. Parking available. The apartments generate circa £85,000 per annum and could be increased if you were to Air BnB them.

GROUND FLOOR
A grand welcoming entrance hall with a wood and stain glass lobby leading into the main hallway with wooden parquet flooring and fine carved staircase. The drawing room has two large sash windows to the front and a fireplace housing a log burner. The separate living room/snug is a similar size to the drawing room which also has two large sash windows to the side and a fireplace. A further reception to the front also has two large sash windows, an ornate fireplace and beautiful wooden flooring, this reception room is used as a main lounge. The main lounge opens into the modern kitchen with a stylish finish and offers a central breakfast island with French double doors to the raised patio. To the rear of the ground floor is a WC. Modern utility and separate laundry room with stairs down to the basement and access into the double garage.

FIRST FLOOR
Quarter landing with storeroom currently used as a further guest bedroom. Main galleried landing with a skylight offering plenty of natural light, doors to all rooms and a further storage cupboard. The first floor has a total of up to six bedrooms. Master bedroom with walk in dressing area and ensuite bathroom, which has dual washbasins, a shower unit and a sunken bathtub. The second bedroom has a separate nook, which is ideal for use as a nursery, or as a dressing room or study. Also on the first floor is a shower room and a large family bathroom, which has a roll top bath and a separate walk-in shower.

BASEMENT
Accessed via the utility room is a recently renovated basement. Modern fitted kitchen, shower room, large lounge and a double bedroom. The basement has its own separate entrance. This could be used as further rental unit, granny annexe or incorporate it into the main house.

OUTSIDE
The property boasts a pristine landscaped garden with a terrace area just outside the kitchen's French doors and well-manicured lawns. The borders are lined with mature shrubs, vibrant perennials, and tall trees that provide privacy. The highlight is the stunning new outdoor hot tub and swimming pool, complete with a sun deck, all surrounded by tall trees that offer a peaceful and serene atmosphere. A gardener's restroom is also available. At the front, parking is provided on both the driveway and in the double garage.

The house has Solar panels which generate an income of around £3,000 a year and a wood pellet boiler as well as electric and gas to the pool. The house and flats together own the land and the footpath down the side of the garden which lead down to Exeter University.

The current owners have spared no expense in renovating and modernising the property over the past couple years. Despite the size the property has a very cosy and homily feel throughout with the beautiful character features bursting through. For further information or to arrange a viewing, please contact our office.