Initial price	£750,000
21/09/24	£675,000
Price Change	-10.00%

This substantial building in Woolacombe, a popular holiday destination, offers a unique investment opportunity. Currently run as a licensed HMO, it has the potential to increase the number of rooms by 30% or more, providing a high yield and return on investment. Additionally, there is full planning consent in place to convert the property into luxury holiday apartments, with six spacious one-bedroom apartments planned. The apartments will feature modern open-plan living spaces, private parking, and private entrances for ground-floor apartments. Woolacombe's award-winning beach, restaurants, and attractions make it a highly sought-after location, ensuring consistent demand for properties. With its brick-built period property, mains services connected, and low risk flood zone, this property presents a fantastic opportunity for investors to capitalize on the area's popularity.