2-bedroom flat · EX39 1NA
For saleListed 87 days
Opportunity summary
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About
Ocean Park is an exclusive development of luxury apartments, thoughtfully designed to maximise the spectacular panoramic coastal views across Northam Burrows, the Taw and Torridge Estuary, Bideford Bay and towards Lundy Island.
This superbly presented and particularly spacious ground floor apartment has been comprehensively upgraded in recent years to provide stylish, contemporary living in one of North Devon`s most sought-after coastal developments.
Offering generous accommodation throughout, the property enjoys a spectacular coastal outlook, its own private balcony, designated underground parking, gas central heating and double glazing.
The spacious open-plan living area is flooded with natural light, with large glazed doors opening onto the private balcony, creating the perfect space to relax while enjoying the far-reaching sea and coastal views.
The recently refitted contemporary kitchen is fitted with a quality range of integrated appliances, complemented by sleek cabinetry and generous worktop space, making it ideal for both everyday living and entertaining.
The apartment offers two well-proportioned double bedrooms, both beautifully presented with stylish décor and fitted carpets.
The principal bedroom benefits from a modern en-suite shower room, while the second bedroom is served by a well-appointed shower room.
Further improvements throughout the apartment include recently fitted carpet and tasteful redecoration, creating a home that is ready to move straight into.
The development benefits from a telephone security entry system, lift access to all floors including the secure underground parking area, beautifully maintained communal gardens with secluded seating areas, and a designated underground parking space.
The property is conveniently located close to the centre of Westward Ho!, renowned for its long sandy beach, championship golf course and breathtaking coastline.
The village offers an excellent range of everyday amenities including a supermarket, newsagents, butchers, bakers, post office and chemist, together with a selection of cafés, restaurants and public houses.
Leisure facilities include cricket, tennis and indoor bowling clubs, while Northam Burrows Country Park provides miles of scenic walks along the beach and dramatic coastline.
The A39 North Devon Link Road is approximately 2 miles away, providing convenient access to the M5.
The nearby port town of Bideford is around 3 miles away, with Barnstaple approximately 15 minutes by car. The picturesque villages of Appledore and Instow are also within easy reach.
Tenure: The property is held on the balance of a 999 year lease commencing from 2001 with an annual maintenance charge of approximately £1600 per annum payable to include Buildings Insurance and the maintenance of all common parts including cleaning, lighting, heating of common hallways and staircases and lift maintenance etc.
Ocean Park is managed by Northwood UK in Barnstaple, and the owners of each apartment own 1/40th share of the Freehold. Agents Note: No pets allowed under the Lease Terms.
what3words /// deeper.works.comic Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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