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See how verdicts work2-bedroom flat · EX34 7DQ
For saleListed 166 days
Opportunity summary
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About
An exceptional opportunity to acquire a beautifully positioned ground floor apartment, just moments from the golden sands of Woolacombe beach.
Holiday use only - ideal holiday home or rental investment.
Perfectly situated on Bay View Road, this two-bedroom apartment enjoys stunning sea views and direct access to the vibrant yet relaxed lifestyle that makes Woolacombe one of North Devon's most desirable coastal destinations.
With accommodation extending to approximately 614 sq ft (57 sq m), this apartment has been thoughtfully arranged to maximise light, space and coastal outlooks.
The open-plan Kitchen/Living/Dining Room is a bright and sociable space at the heart of the property.
Large glazing invites natural light and frames attractive sea views, while providing direct access to the private terrace.
The accommodation comprises a master bedroom with ensuite shower, and a further double bedroom. A family shower room completes the internal layout.
The large private terrace off the open plan living area is a standout feature of the property.
Perfectly positioned to capture sea views, this superb outdoor space is ideal for al fresco dining, entertaining or simply relaxing to the sound of the waves.
Steps lead up to the delightful rear communal gardens with numerous seating areas and at the top, a large bbq area with seating and fabulous beach and sea views.
Outdoor showers, a wetsuit hanging rail, and secure surfboard storage are available, along with shared on-street parking with two allocated spaces for the apartment.
Step outside and you are just moments from the beach, coastal walks and the excellent selection of cafés, restaurants and surf shops that Woolacombe is renowned for.
The apartment's ground floor position offers ease of access, making it particularly appealing for families, or those seeking a low-maintenance seaside escape.
Currently run as a holiday let and utilised as a second home, the apartment offers income potential, with gross rental figures available to serious buyers.
Tenure: The property is held on a 999 year lease with approximately 980 years remaining. Pets are permitted at this apartment.
Service/Management charge is £120 pcm Annual Ground Rent £50 per annum NB Some of the photos have been taken with a wide angled lens to show the full extent of the rooms Services Gas central heating and hot water Mains electricity Mains water and sewerage Location The North Devon coastline has been designated a World Surfing Reserve, joining iconic destinations such as Malibu and Santa Cruz in California, and Manly and Australia's Gold Coast, placing the area firmly among the world's premier surfing locations.
The award-winning Woolacombe Beach is widely recognised as one of the finest beaches in the UK.
Situated on the North Devon coast between Croyde and Ilfracombe, its spectacular three-mile stretch of golden sand is popular with surfers and families alike, offering a classic seaside experience.
One visit here and it is easy to see why.
Not only is the coastline stunning and a true surfer's paradise, but the area also enjoys easy access to National Trust land, with scenic coastal walks and renowned surfing beaches including Putsborough, Croyde and Saunton all within easy reach.
The village of Woolacombe offers an appealing selection of shops, cafés, bars and restaurants, and is ideally positioned for exploring the surrounding coast and countryside - from the wild beauty of Exmoor National Park, to the natural wonders of Lundy Island, and the charming nearby villages of Mortehoe and Croyde.
Golf enthusiasts are well catered for, with a 9-hole course at Mortehoe, 18-hole courses at Ilfracombe, and the championship links courses at Saunton, located approximately twenty minutes away by car.
The regional centre of Barnstaple provides a wide range of high street names and independent boutiques, along with a leisure centre, indoor tennis facilities, a branch line railway station and a regional hospital.
The A361 offers convenient access to the M5 at Tiverton.
Directions to find: From Braunton: At the crossroad traffic lights in the centre of Braunton, continue straight along the A361 and follow this road until the Mullacott roundabout. Take the first exit.
Continue along the B3343 towards the centre of Woolacombe, going past Golden Coast holiday park and The Royal Hotel.
As you reach the bottom of the hill, The Barn restaurant can be seen on the left hand side, take the turning slightly to the right into Bay View Road which is a private road for residents only.
Continue a short distance and Southover Beach apartments can be seen on the right hand side.
Approximate distance to Locations: Woolacombe Beach 0.2 miles (4 minute walk) Croyde Beach 5.2 miles Croyde Village 4.6 miles Putsborough 4.7 miles Saunton Beach 7.2 miles Braunton 6.7 miles Barnstaple Centre 14.1 miles Council Tax Band: Currently under Business Rates (North Devon District Council) Tenure: Leasehold Ground Rent: £50 per year Service Charge: £120 per month
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.
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