Bargain time :)
Bought by the current owner for £740,000 in March 2024 to be a holiday home and for somewhere to retire to.
He has spent over £300,000 on it installing brand new bathrooms, all new plastering, cornices, electrics, new roof, plumbing, new radiators, heating system and now due to unfortunate circumstances has to sell just before he can finish it.
Previously sold at £530,000 in 2021 when it was unmodernised
Offers in region of £400,000 invited.
Call us today for more information and to arrange a viewing. It really is stunning and the views of the sea are mindblowing.
Description:
This exceptional 7-bedroom terraced house epitomises coastal living at its finest.
Beyond its elegant Georgian façade lies a home that effortlessly combines classic charm with contemporary sophistication. Spread over five levels, this property offers beyond generous living spaces designed to cater to the needs of a modern family. All rooms at the front of the building have wonderful views of the water that never disappoint.
The property can really be set-up to suit any buyer. The first floor could be a wonderful living room with its grand floor to ceiling windows or a palatial bedroom. The entrance hallway takes you to a double reception room on the ground floor that leads on to the kitchen and garden. Upstairs, the master bedroom and master bathroom exudes opulence with its expansive layout and luxurious bathroom complete with a roll top bath and separate walk-in shower. The bedrooms upstairs offer versatility, whether used as a home office, children's bedroom, or guest rooms. There is ample space for all uses.
The lower ground level has the benefit of its own entrance from the terrace making it perfect for relatives / guests to come and stay. This level is still work in progress, but all the hard work has been done. It would make a wonderful multi-purpose area such as utility room, cinema, or playroom, or even (subject to planning) a contained rental with the opportunity for passive income. Moving outside, the property has a good size garden which has been levelled by the current owner to create more usable space. The garden does need some TLC, but with it enjoying a lot of sunshine in the morning and early afternoon it will be well worthwhile. It also offers a nice amount of privacy and seclusion.
The property comes with designated parking area close to the house. There is also free parking on the terrace.
In conclusion, this magnificent, terraced house offers a rare opportunity to own a truly exceptional property in a highly desirable location at a great price. It needs a bit of work to make it the finished product as owner just could not do it, but not a huge amount. With its blend of timeless elegance, modern amenities, and extensive outdoor space, this home presents a lifestyle of unparalleled quality.
Location:
Ilfracombe is a charming coastal town located in North Devon, England, known for its picturesque harbour, stunning views, and rich history.
Note from William at Willmotts Real Estate Agents:
“This really is a wonderful opportunity to purchase a stunning Georgian townhouse that has been renovated so well by the owner. You really cannot get a better location. It’s just a short walk into town to the historic Fore Street and the Harbour. Ilfracombe is lucky to have a cinema, theatre, fantastic restaurants, pubs, cafes, butchers, independent shops, a working harbour, a golf course, Watersports centre, skatepark, rugby and cricket club, swimming pool, gym, tennis courts and lovely parks. It also has a wonderful active community and with so much on the doorstep such as Exmoor, The South-West Coastal Path, Woolacombe, Saunton, Lynton, Lynmouth, Barnstaple, Croyde and much much more, there is plenty to keep busy. If you like walking, gardening, surfing, cycling, kayaking, coasteering, golf, running, cinema, theatre, good food, lovely people, fresh air, history, art or are just looking for a place to call home, you will be very pressed to find a better place than this. I love Montpelier Terrace so much, I chose to live on it!”
The property will be sold via AUCTION contract.
If you have any questions at all or would like to book in viewing, contact us today.
Guide Price £375,000 (plus fees of £1200 inc VAT)
FULL DETAILS Photographs, Dimensions, Floor Plans and Area Measurements (when available) are included within our full details online on our website. All published information is to aid identification of the property and is not necessarily to scale.
NOTICE TO BIDDER Please be aware that if your bid is successful on auction day the exchange of contracts will happen immediately after the auction.
Tenure: Freehold
EPC Rating: E43
Important Notice to Prospective Buyers
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Guide Price: £375,000
The guide price reflects the seller’s current expectations and is intended to provide a helpful indication of the level at which bidding may commence. It should not be relied upon as a statement of value and may be subject to change in the lead-up to the auction.
Reserve Price:
A reserve price has been set and remains confidential. This represents the minimum price at which the seller is prepared to transact. In accordance with auction practice, the property will not be sold below this figure.
7 Bedrooms
Tenure: Freehold
Unconditional (Immediate Exchange)
Disclaimer: The map preview provided above is for general guidance only and may not accurately reflect the exact location or surrounding buildings. Prospective buyers and interested parties are strongly advised to independently verify the precise location and surroundings before bidding.
Note
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
General : While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER AUCTION HOUSE NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.
