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£2,500,000

River View, Church Path, Fore Street, Topsham, EX3

  • 4 beds
House

£2,500,000

  • 4 beds
House
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Estimate monthly mortgage payment:

£11,413 per month

Minimum deposit amount:

£125,000
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This is a unique property and rare opportunity to acquire a substantial landmark in Topsham. Riverview occupies a prime position located in the centre of the town fronting onto Fore Street whilst enjoying the outstanding estuary views and magnificent sunsets from a balcony overlooking the waters edge.
There are character features throughout this property and off-road parking for 2/3 cars on its own area of land in front.
Records show that the house was built in 1708 by a shipmaster and later from 1765-1862 became the Custom House.
This Grade II Listed building has accommodation arranged over several floors and has the potential to be adapted to suit a variety of uses subject to necessary consent.
The present occupier has reconfigured the house into two areas of accommodation which suits their needs. The choice is there to re-instate the property into one dwelling and considering it a family home.

River View/The Old Stables/48 Fore Street

The Old Stables
GROUND FLOOR
The property has its own entrance from Ferry Road into a courtyard/patio with an established olive tree, garden furniture and small utility room.
Main door opens into a beamed ceiling living space with lounge and separate dining area. There is an Dutch brick fireplace in the main area with electric wood burner. The kitchen is off this room and has a flagstone floor.

FIRST FLOOR
Stairs rising to the landing with doors to all rooms. Master bedroom with estuary views, ensuite bathroom and storage cupboard. Further double bedroom with estuary views and storage cupboard. Main family bathroom.

The ground and first floor are currently run as a successful Air BnB.

Riverview
GROUND FLOOR
The front door is situated at a side entrance to the house in Church Path. This brings you into a spacious reception/hall area with a large sitting room off it and estuary views.

FIRST FLOOR
A generous staircase up to the landing. Shower/utility room with access to the balcony. Along the landing is the kitchen, dining and living space with large sash windows. Running along the back elevation of the house is a substantial balcony offering estuary views.

SECOND FLOOR
Stairs rising to the master bedroom with dressing area/bedroom and ensuite with separate WC. This area lends itself to alterations to suit both rooms and have amazing estuary views.

Parking for 2/3 cars on cobbled area at the front.

48 Fore Street
The shop is currently used as an Art Gallery which is leased for 5 years until October 2028 with a break clause on the 15th November 2024 and 30th January 2027. 3 months' notice is required. The tenant of the shop is paying 900pcm.

This property is truly one of a kind and has a rich history. It oozes character and has been maintained to an exceptionally high standard throughout. A viewing is essential to appreciate all this property has to offer. For further information or to arrange a viewing please contact our office.

Topsham is an ancient port situated 4 miles south east of the cathedral city of Exeter on the beautiful Exe Estuary. With easy commuting and access to the M5, Topsham is also well served by bus and rail. The useful branch line operates between the coastal town of Exmouth 7 miles away and Exeter St Davids, connecting it to the national network. Exeter airport is some 5 miles away.

Today, Topsham is considered a special place to live and boasts excellent local amenities including a school, outside swimming pool, bowling green, tennis courts, doctors surgery, sailing club, extensive range of independent shops together with numerous pubs, cafes and highly regarded restaurants. It is also popular for its boating, cycling routes, antiques centre and bird watching nature reserve.

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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£211,250
Mortgage and legal costs:
£999
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