EXCLUSIVE VIEWINGS DAY: SATURDAY 21st DECEMBER (BY APPOINTMENT ONLY) A RARE INVESTMENT OPPORTUNITY WITH CRESTS ESTATES BLOCK OF APARTMENTS (3 COMMERCIAL AND 7 RESIDENTIAL FLATS) 1 & 2 Borough Road offers an exceptional and rare investment opportunity in the heart of the vibrant coastal town of Ilfracombe. This unique property comprises 3 commercial units and 7 residential flats, presenting a perfect blend of immediate rental income and significant long-term growth potential. Ideally situated, the property is just moments from the picturesque harbour, beautiful beaches, and scenic coastal paths, offering stunning views of the rugged cliffs and the Atlantic Ocean. Ilfracombe is renowned for its welcoming community and rich mix of independent shops, charming cafés, and cultural landmarks, including the iconic Verity statue and historic Tunnels Beaches. Whether you're drawn to the natural beauty of the area or the warm local atmosphere, this location offers the perfect combination of tranquillity and convenience. Exceptional Investment Potential: This property offers substanial capital growth potenital benifiting from 10 units in total, with the possibility to extend and create up to 18 units, offering significant value enhancement. The current rental income is just under £90,000, delivering a 5.6% yield in comparison to an average local yield of 4%. This freehold property has the potential to increase the yield to 8.75% through converting the commercial units into residential flats. The commercial units are currently let on long-term tenancies, with a break clause in 18 months. This is a once-in-a-lifetime opportunity to acquire a property with fantastic rental returns, considerable scope for capital appreciation, and the chance to maximise the asset's potential through future conversion and development. A rare offering like this does not come to market often, and it presents a superb prospect for discerning investors seeking both immediate returns and long-term rewards. Arrange Your Exclusive Viewing Don’t miss the opportunity to explore this extraordinary property. Book your viewing slot for Saturday, 21st December, and discover how this impressive investment. Contact Crests Estates today to arrange your viewing and take the first step toward owning this exceptional investment in one of North Devon's most desirable coastal locations.