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Summerland Street, Barnstaple, Devon, EX32

PROPERTY TYPE

Terraced

BEDROOMS

4

BATHROOMS

3

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

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Key features

  • Investment opportunity
  • Converted to a high specification
  • Immediate income
  • Block of 3 flats
  • Centre of town location
  • Tenants in place
  • Currently managed by Midwinter Koval letting agents
  • No onward chain

Description

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

Brochures

Particulars
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: TBC
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Summerland Street, Barnstaple, Devon, EX32

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About Chequers, Barnstaple

66-67 Boutport Street, Barnstaple, EX31 1HG
Industry affiliations:

Chequers Estate Agents has been established since 1992 and is an independent company operating from double fronted premises situated just off The Square in Boutport Street Barnstaple.

As experienced, professional agents, we undertake careful research before we even visit your home. Our local knowledge and experience is the key to our success.

We build relationships with our clients right through to completion: we are with you every step of the way. We value what our customers think about our services and we are delighted with the response that we get from buyers and sellers alike.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 1 and 40 years
Years
%
Monthly repayments
£1,369
We think you can borrow up to
Add your household income above
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Disclaimer - Property reference CHE250382. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chequers, Barnstaple. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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