Former Lloyds Bank, South Molton, EX36 3DA
- 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
Utilities & Restrictions
Utilities
- Electricity
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- Water
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- Heating
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- Broadband
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- Sewerage
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Rights & Restrictions
- Public Rights of Way
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- Private Rights of Way
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- Listed Property
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- Restrictions
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Property Features
- Accessibility
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- Parking
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- Garden
- Ask Agent
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© LandSale | Version 1.2 - January 2026
Listing agent
Michael Adey Property, South Molton
106 East Street, South Molton, EX36 3DB
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