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See how verdicts work3-bedroom flat · EX34 7EA
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Blue Horizon sits in a very prominent cliff top location enjoying a sunny southerly aspect and the most outstanding views in every direction across the stunning Woolacombe Bay taking in the award winning Blue Flag golden sand surfing beaches, the countryside, Baggy and Hartland Points, Lundy Island, Morte Point and the Atlantic Ocean.
Arguably, the property enjoys the finest views that the area has to offer and has a real wow factor. As well as the fabulous scenery, there are some spectacular sunsets to enjoy throughout the year.
Blue Horizon is a truly exceptional three-bedroom apartment occupying a superb coastal position and enjoying breathtaking views across the bay and along the dramatic North Devon coastline towards Morte Point.
Beautifully presented and ready for immediate enjoyment, the property combines generous accommodation, contemporary finishes and a wonderful sense of light and space.
The undoubted heart of the home is the impressive south-facing open-plan living room and kitchen, extending to approximately 26ft x 14ft.
Bright, airy and wonderfully sociable, this outstanding space has been designed to make the very most of its spectacular outlook, with expansive glazing framing the coastal panorama.
Double doors open directly onto the sea-facing terrace, while additional bi-folding doors to the side further connect the interior with the outside and allow the sea air to flow through the apartment.
Whether entertaining friends, enjoying a quiet morning coffee or simply taking in the ever-changing seascape, this is a living space of real distinction.
The contemporary kitchen is fitted with a stylish range of high-gloss wall and base units, complemented by a comprehensive selection of integrated appliances.
These include a Bosch five-ring gas hob with extractor canopy over, Bosch double oven, integrated dishwasher and fridge/freezer, providing everything required for both everyday living and entertaining.
There are three bedrooms in total, two of which are comfortable doubles.
The principal bedroom is complemented by a modern en-suite shower room, while the third bedroom is a well-proportioned single room enjoying attractive views towards Morte Point.
This room would also make an excellent home office, study or occasional guest room, particularly for those wishing to work while enjoying an inspiring coastal outlook.
The apartment benefits from gas central heating and double-glazed windows throughout and is currently fully equipped and furnished, allowing a purchaser to begin enjoying the property from the outset.
The existing furniture and equipment are available by separate negotiation, offering the opportunity for a particularly straightforward purchase.
Outside, residents benefit from a communal parking area, with two allocated parking spaces specifically designated for Blue Horizon. There is also a discreet, well-screened communal bin storage area.
Blue Horizon is a rare opportunity to acquire a beautifully appointed coastal home in an outstanding setting, combining impressive accommodation with exceptional sea views and excellent outdoor space.
Properties of this calibre and in such a privileged position seldom become available, and an early viewing is strongly recommended to fully appreciate the quality, scale and remarkable outlook on offer.
Woolacombe sits on the rugged North Devon Coast and amidst the surrounding National Trust land and is an extremely popular and well known village throughout the UK primarily due to its stunning golden sand Blue Flag award winning beach which has been rated as the No.
1 beach in the country by Trip Advisor for the past two years. Many, many visitors flock to the area throughout the year but especially through the busy summer months.
The village has an array of facilities which include a variety of small independent shops, a selection of cafes, bars and restaurants to suit all pockets and tastes, a health centre, chemist and a Primary School which has an 'outstanding' rating from Ofsted.
As well as the 2 1/2 miles of golden sand that stretch across towards Putsborough there is Barricane and Combesgate beaches which have rock pools to explore and the former having a beachside kiosk selling delicious Sri Lankan curries through the summer season.
The surrounding National Trust Land provides miles and miles of walking enjoying some of the finest coastal scenery on offer.
There are a variety of leisure facilities and excellent nearby golf courses with the best known being the two links courses at Saunton, one of which is at championship standard.
Agents note: The property is leasehold, with the balance of an original 999-year lease commencing in 2014.
The apartment benefits from full residential use, with no restrictions on letting, and pets are permitted.
There are currently five leaseholders within the building, each contributing an equal share towards the service charge.
The current service charge is £150 per month per apartment, which includes the building insurance. There is no ground rent payable.
We would recommend that all leasehold information, charges and conditions are verified by the purchaser’s legal representative prior to exchange of contracts. EPC: C Services: All mains connected.
Gas central heating. Council Tax: As the vendor is currently holiday letting, the property is on Business Rates with the full Business Rates relief, so no payments.
Applicants are advised to proceed from our offices in a westerly direction along the High Street heading out of town on the main A361 sign posted Barnstaple.
At the Mullacott Cross roundabout take the right hand exit sign posted Woolacombe & Mortehoe and continue along this road for approximately 2 miles.
Turn right at Turnpike Cross just before the Fortescue Arms Public House sign posted Mortehoe, follow this road for approximately 2 miles into the centre of the village of Mortehoe and follow the road through the village centre and then head down the hill towards Woolacombe.
Continue down the hill for approximately a quarter of a mile and shortly after Mortehoe Apartments turn left on to a small lane clearly sign posted at the end of the road 'Blue Horizon'.
Follow along the lane for 50 yards where the building will be found on the right hand side. The car park is just past the building on the the same side of the lane.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
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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