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See how verdicts work1-bedroom flat · EX34 7AA
For saleListed 252 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This apartment really packs a punch. It is situated out of the busy village centre but still easy to the superb beach.
The views are lovely, stretching from the National Trust Land around to Morte Bay and on to Baggy Point and the ocean beyond. The bright accommodation benefits uPVC double glazing and gas heating.
Hall with Cloakroom. Living Room opens to the sun deck and to the well appointed kitchen. The bedroom has a lovely en suite fully tiled bathroom. Dedicated car space and visitors space.
This is a super opportunity to buy a lovely apartment situated to the edge of the ever popular coastal village of Woolacombe.
The property forms part Enderley Apartments which is set away from the busy centre but still convenient to the beach.
This pleasant ground floor apartment is offered in first class order and benefits from far reaching views to the beach, Morte Bay, on to Baggy Point and around to the open ground of Woolacombe Down.
Only when you view can one really fully appreciate the lovely position and views on offer. The apartment is easy to run and benefits uPVC double glazing and gas heating.
The rooms are bright and well proportioned as the present owner has re arranged the accommodation so, not only is there a cloakroom, but the flow of the rooms has been improved..
There is a well maintained communal entrance hall and a private hall with a store cupboard. Here also, is the added and very useful, cloakroom.
The living room has double doors leading out on to the lovely sun deck which takes full advantage of the outlook.
From here you can see the hills opposite and the view swings around to Morte Bay, Baggy Point and on to the ocean beyond: a superb visa, indeed!
The living room opens to the kitchen which has been very well appointed with hob, oven and dishwasher. Here, again, the view stunning.
The bedroom has a large built in wardrobe and there is access to the contemporary en suite bathroom. This has been very well fitted and is fully tiled.
The white 3 piece contrasts well with the tiled floor and walls and the vanity top has a built in sink and storage.
There are no garden liabilities but the sun terrace offers a fine area to BBQ or just enjoy a glass of wine and watch the sun go down into the sea.
To the side of the building is a dedicated car space and additional visitors' parking. Furthermore, there is a useful communal store area for surf boards etc.
This compact apartment really packs a punch and is sure to appeal to a wide circle of buyers.
It would be ideal as an easy to look after 2nd home/ bolt hole retreat, or it could easily be run as a holiday home to tap into the strong income potential that Woolacombe offers.
Alternatively, it could just as easily be a permanent home.
Communal & Private Hall - Cloakroom - Living Room - 4.59 x 3.80 (15'0" x 12'5") - Kitchen - 3.81 x 2.81 (12'5" x 9'2") - Bedroom - 3.90 x 3.42 (12'9" x 11'2") - En Suite Bathroom - 2.51 x 1.90 (8'2" x 6'2") - Sun Deck - Dedicated Car Space - Woolacombe is a superb village which nestles nicely on the rugged north Devon coastline surrounded by National Trust land.
Renowned for it's stunning and iconic sandy beach, which has been voted in top 10 best beaches in the world and No. 1 in the country.
It's clean water is a draw for surfing enthusiasts and it now joins the likes of Malibu Beach as being a World Surf Reserve (WSR), the first UK beach to be awarded this accolade.
It's miles of golden sands stretch south and merges with Putsborough Sands. It is a lively village with an array of amenities including chemist, Londis store, post office and pubs.
There are restaurants, among them, Noel Corston, Michelin star. Barricane & Combesgate beaches are close by whilst, going north, to the top of the hill, is the charming village of Mortehoe.
The South West Coast Path runs through the village and continues on south and north to Victorian Town of Ilfracombe.
Here there are a very good range of shopping facilities and the award winning Landmark Theatre.
Braunton village is just under 7 miles to the south where, close by, the further beaches at Croyde and Saunton. Here, there is also The Saunton Golf Club which has 2 Championship courses.
A further 5 miles from Braunton, is the main north Devon town of Barnstaple which has access to the M5, via The North Devon Link Road.
The Tarka rail line connect to Exeter which picks up the main route to London.
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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