Former Lloyds Bank, South Molton
- Dwelling size
- 4456 sqft
Key Features
- Investment Opportunity
- 3 Apartments & retail unit
- Garden & Parking
Description
A superb development opportunity for conversion/renovation - Former Lloyds Bank, East Street, South Molton.
Multiple options, including possible title split or rental accommodation.
Planning consent granted in July 2025 for the conversion of the former bank to a retail unit & 2 residential flats together with retention and refurbishment of 1 flat, as follows:-
- Ground floor 2 bedroomed apartment with 1 parking space and use of the communal garden extending to about 106 m2 (742 ft2)
- First floor front facing 2/3 bedroomed apartment also with 1 parking space and communal gardens, with the accommodation extending to 94 m2 (1,011 ft2)
- First and second floor rear facing 3/4 bedroomed duplex/maisonette, with parking and communal garden with the accommodation extending to about 145 m2 (1,560 ft 2)
- The ground floor commercial/retail unit extends to about 106 m2 (1,140 ft 2)
Projected total rental income circa £40,000-£42,000 per annum on a residential letting basis including the commercial unit.
Available with no onward chain.
Services
We understand that mains water and electricity is connected to the property.
Current Rateable Value (Bank & Premises) £13,250 per annum. This would be assessed based on ground floor only if the apartments are to be used residentially.
Planning information:-
https://planning.northdevon.gov.uk/Planning/Display/80186
Tenure: Freehold
Map Location
Property details
- Tenure
- Freehold
- Council Tax Band
- Ask Agent
- Date Posted
- 2026-07-27
Property Brochure
Seen the details? The full report adds the independent checks: planning activity, flood history, heritage and ground.
Utilities & Restrictions
Utilities
- Electricity
- Ask Agent
- Water
- Ask Agent
- Heating
- Ask Agent
- Broadband
- Ask Agent
- Sewerage
- Ask Agent
Rights & Restrictions
- Public Rights of Way
- Ask Agent
- Private Rights of Way
- Ask Agent
- Listed Property
- Ask Agent
- Restrictions
- Ask Agent
Listed status, conservation areas and planning constraints for this location are in the full report.
Property Features
- Accessibility
- Ask Agent
- Parking
- Ask Agent
- Garden
- Ask Agent
Beyond the particulars: planning activity, flood history, heritage and ground risks, checked for this exact spot.
Connectivity
Broadband
Fastest speed available at this postcode
1 Gbps
Gigabit full fibre
Suitable for
- 4K streaming on every screen
- Full-time home working
- Online gaming & big downloads
Fixed wireless access may also be an option here.
Mobile signal
No address-level signal records for this postcode, which is common for bare land.
Ofcom Connected Nations postcode-level predictions. Speeds and signal are modelled, not measured, and vary between addresses and providers.
Signal is the easy part. Planning activity, flood history and protected designations here are in the full report.
Nearest Schools
Primary
- South Molton Community Primary School595 metresOfsted: Good
- Ages
- 2 to 11
- Pupils
- 242
- Type
- Academy converter
- South Molton United CofE Primary School933 metresOfsted: Requires improvement
- Ages
- 4 to 11
- Pupils
- 222
- Type
- Academy converter
- Faith
- Church of England
- North Molton Primary School2.6 milesNo Ofsted rating
- Ages
- 2 to 11
- Pupils
- 124
- Type
- Academy converter
- Bishops Nympton Primary School3 milesOfsted: Good *
- Ages
- 2 to 11
- Pupils
- 80
- Type
- Community school
- Filleigh Community Primary School3.4 milesOfsted: Good *
- Ages
- 3 to 11
- Pupils
- 61
- Type
- Foundation school
Secondary
- South Molton Community College616 metresOfsted: Good *
- Ages
- 11 to 16
- Pupils
- 656
- Type
- Foundation school
- Chulmleigh Community College7.2 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 735
- Type
- Academy converter
- The Park Community School10 milesOfsted: Good *
- Ages
- 11 to 16
- Pupils
- 1,408
- Type
- Academy converter
- Pilton Community College11 milesOfsted: Good
- Ages
- 11 to 16
- Pupils
- 1,165
- Type
- Academy converter
- Great Torrington School14 milesNo Ofsted rating
- Ages
- 11 to 16
- Pupils
- 863
- Type
- Academy converter
* Latest graded judgement covers quality of education only; no overall grade was issued under the 2024-25 inspection framework.
Distances are straight-line from the advertised location. Source: the national school registers (DfE, Welsh Government, Scottish Government) and Ofsted.
Schools are just the start: sold prices nearby, planning activity and any flood history are in the full report.
Amenities
Supermarket
GP surgery
Pharmacy
Hospital
Green space
Straight-line distances from the advertised location. Sources: NHS records, Geolytix supermarket locations, OS Open Greenspace and the national trails registers.
The area stacks up? Now check the location itself: planning nearby, protected designations and past flooding.
Getting Around
Nearest station
Nearest bus stop
Typical drive times
Straight-line distances from the advertised location; drive times are typical free-flow times over OpenStreetMap road data, so allow more at peak. Public transport locations from DfT NaPTAN.
Easy to reach matters. So do planning activity, flood history and ground risks: all in the full report.
Flood Risk
Environment Agency open data, checked around the advertised map pin for the listed acreage. Long-term risk counts flood defences; the planning map's flood zones do not. The map pin for this listing is approximate, so these readings describe the surrounding area. Provided by LandSale, not the listing agent, and not part of the agent's particulars. Risk varies across a holding, so verify before committing.
Rivers and the sea
Planning map: Flood Zone 1.
Surface water
These bandings are the summary. Where this location sits on the flood maps, plus planning activity, heritage and ground risks, is in the full report.
Important notice: Information, maps and tags on this page are drawn from the advertising agent's marketing materials or generated automatically. LandSale has not verified them. Relying on these details is at your own risk, always carry out independent checks before committing to a purchase.
LandSale full disclaimer
Marketing information only - not formal particulars. The details on this website are provided for general guidance and do not constitute an offer or contract. Neither LandSale nor the advertising estate/land agent accepts responsibility for any inaccuracy.
1. Source of information
- Listing content: Core description, asking price, tenure, measurements, photographs and planning history originate from the marketing materials of the advertising estate or land agent. LandSale does not author this content and cannot guarantee its accuracy.
- Automated tags & categorisation: Property type, land-use class, acreage bands and similar labels may be applied by machine-learning models. They are intended as a helpful guide only and may not reflect the property's legal status or permitted use.
- Third-party & enriched data layers: Maps, boundary outlines, planning designations, soil reports, broadband coverage and other environmental or location-based insights are licensed from external suppliers. Such data are supplied “as is", may be incomplete or out of date and are subject to change without notice.
2. Verification required
Prospective purchasers must verify critical matters, including but not limited to planning permission, title boundaries, public rights of way, environmental constraints, acreage, services, access and VAT status, through their own inspections, specialist surveys, legal advisers and the selling agent before relying on the information or entering into any contract.
3. No warranty or liability
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4. Updates & feedback
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© LandSale | Version 1.3 - August 2026
Listing agent
Michael Adey Property, South Molton
106 East Street, South Molton, EX36 3DB
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