3-bedroom flat · EX34 7AQ
For saleListed 21 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is an excellent opportunity to acquire a wonderfully presented first floor apartment which forms part of Seymour Villas which stands in an elevated position overlooking Woolacombe and benefits stunning views over the beach to Baggy Point and on to Hartland in the distance.
The property is sure to appeal to those persons seeking an easy to run bolt hole/holiday retreat or would make for a sound investment purchase with income potential.
Alternatively it would even make for a fantastic main residence for which it is currently being used. The property benefits uPVC double glazing, car parking space and communal garden.
The accommodation is spacious (107sqm) and comprises of a large master bedroom with fully tiled shower en suite, lounge/dining room with a large bay window allowing an abundance of natural light to enter the room whilst being able to enjoy the stunning sea views.
The kitchen is a real stand out element of the property which has been recently fitted with a double integrated electric oven, belfast sink and draining board with quartz work surface.
There is a neat breakfast bar enabling the new owner to enjoy the fantastic sea views through a large window through to the lounge area.
The second bedroom has the advantage of a large wardrobe with the third bedroom being recently redecorated.
Being located within easy access of Woolacombe Bay Holiday complex there is use of the facilities here which include the heated swimming pool and tennis courts.
There is access via a winding country lane which takes you down to Woolacombe Village with its superb sandy beach being ideal for surfing and there are, of course, many shops and stores in the village.
Some of North Devon's most splendid countryside is within easy access and therefore this makes this an excellent holiday home proposition.
We thoroughly recommend a full internal viewing to appreciate this lovely apartment which can be occupied with the minimum of delay.
Agents Notes: The property is leasehold with the balance of original 999 year lease.
The freehold for the building is vested in the Management Company which is known as “Seymour Court (Woolacombe) Management Company Limited”.
Each of the four apartment owners hold an equal share in the company and are also directors. There is a 33% share of all maintenance charges with a peppercorn rent.
Applicants are advised to proceed from our offices in a westerly direction heading out of town on the main A361 sign posted Barnstaple.
At the Mullacott Cross roundabout, take the right hand exit sign posted Woolacombe and Mortehoe and proceed along this road for approximately 2 miles.
Turn right just before the Fortescue Public House sign posted Mortehoe and follow this road for approximately 1 mile turning left into Sandy Lane towards Woolacombe Bay Holiday Park.
Continue down the road and through the entrance to the holiday park and follow the road through the park to the bottom passing the Reception and out into Seymour Villas.
The property will be found on the right hand side.
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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FAQ
About Flat 2, 5, Seymour Villas, Devon
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