Market Street, Crediton

Guide price £215,000

DEVELOPMENT OPPORTUNITY - A large former bank over 4 floors with planning for conversion to TWO houses close to the town square and amenities.


Originally 19th century town houses, this attractive building has been used as a bank for many years (A2) and is now being offered for sale with the benefit of planning permission to convert back to two dwellings (C3) of a generous size.

The façade of this Grade I Listed building remans unchanged. The Front door to No 5 is to be reinstated. The plans show that the existing structure is retained largely unchanged. The approved structural work encompasses the removal pf the existing physical connections between no5 and no6, and the reinstatement of a stairway between the basement, ground and first floors of No5.

No 5 will be approx 1388 sqft (129sqm) with additional approx 400 sqft (38sqm) of storage in the basement. The house will have a kitchen, dining and wc on the ground floor, a living room and bedroom on the first floor and 2 further bedrooms and bathroom on the second floor.

No 6 will be approx 1506 sqft (140sqm) with additional approx 527 sqft (49sqm) of storage in the basement. The house will have a kitchen, dining, living room and wc on the ground floor, 2 bedrooms on the first floor and 2 further bedrooms and bathroom on the second floor.

Each property has a small courtyard on the lower ground floor level. There is a council car park close by where an annual pass can be purchased from the local council (currently £180 per annum).
Agents Note: Although planning is in place for two houses, plans have also been drawn for 7 flats. This would require a change to the planning should a new owner wish to do so.

Council Tax: TBA
Utilities: Mains water, electric
Fastest broadband speed within this postcode: Up to 76Mbps
Drainage: Mains drainage
Listed: Yes – Grade II
Tenure: Freehold

CREDITON : An ancient market town, with a contemporary feel – only a short, 20-minute drive NW from the city of Exeter. Set in the Vale of the River Creedy, amongst gentle, rolling hills and verdant pastures. Sincerely picture postcard. Once the capital of Devon, Crediton is famed for its inspiring sandstone church and for being the birthplace of Saint Boniface in 680 AD. Its high street is a vibrant place, abuzz with trade –artisan coffee shops, roaring pubs, a farmers’ market and bakeries, jam-packed with mouthwatering delights. For those commuting it has hassle free transport links into Exeter and for schooling a prestigious community college (Queen Elizabeth’s) – with an Ofsted “outstanding” sixth form. In addition, it boasts a brilliant gym & leisure centre for New Year’s resolutions, two supermarkets for the weekly shop and a trading estate for any practical needs. All neatly held in a single valley.

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