2-bedroom flat · EX34 7FE
For saleListed 20 days
Opportunity summary
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About
Take a look at this fabulous modern apartment in a truly magnificent location, just 200 metres from one of the UK's best beaches!
This beautifully presented property has the benefit of a south facing privately owned balcony and has views over the rooftops to Potters Hill and along the golden sand beach.
The balcony catches sun throughout the day and has plenty of space for outdoor furniture.
Part of the prestigious Byron development, this upper floor apartment holds a commanding position within the building.
Step inside to discover a bright and airy and contemporary open plan living/dining room and kitchen, adorned with sleek modern fixtures and integrated appliances.
This spacious light-filled room provides all the benefits of modern day living and has direct access through fully retractable bi-folding doors onto the delightful balcony, seamlessly connecting indoor and outdoor living.
The hallway has useful storage cupboard which also houses the hot water cylinder and the mechanical air recovery unit. There are two bedrooms and a family bathroom.
The master bedroom has a built-in wardrobe and an en-suite shower room boasting modern clean lines. Bedroom 2 can be arranged as a double or twin bedded set-up, accommodating various needs.
The stylish family bathroom includes a shower over the bath, providing convenience and luxury.
Immaculately kept and presented in neutral tones with feature walls in the two bedrooms, this apartment is fully equipped with top-quality fixtures and fittings.
The property is available for purchase fully furnished, ready for immediate occupation, if required and by separate negotiation.
Every detail has been meticulously taken care of to ensure a comfortable and enjoyable living experience.
Byron goes beyond expectations by offering a range of on-site facilities not found in any other building in the area.
Enjoy the indoor heated swimming pool, sauna, gym, spa and treatment room, games room, and the services of a dedicated concierge who oversees the day-to-day running of the building.
Convenience and security are also priorities, with secure underground car parking featuring an allocated space and additional storage facilities, perfect for beach and outdoor equipment.
There is also a passenger lift to all floors of the building giving easy access. This property serves as a high-quality second home and holiday let at present generating an excellent annual income.
Weekly rates range from £667 for the winter months, Easter is £1,188 and the summer weeks £1,905 but these rates will vary inbetween those times.
With Byron's in-house and exclusive holiday letting management services available at a competitive 12% fee, all your needs will be taken care of effortlessly should you decide to go down this route.
Situated in the heart of this stunning coastal village, renowned throughout the UK as a hugely popular destination for family holidays and weekend breaks, the apartment is just a couple of hundred metres from the beach.
Local shops, bars, and restaurants are all within a short stroll, ensuring you'll have everything you need at your fingertips.
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 beach.
Many visitors flock to the area throughout the year but especially through the summer months.
The village has an array of facilities which include small independent shops, a selection of cafes, bars and restaurants to suit all pockets and tastes, a pharmacy and a primary school which has an 'outstanding' rating from Ofsted.
As well as the 21⁄2 miles of golden sand that stretch across to Putsborough, there are 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.
There is also Grunta beach which is a smaller and quieter private cove.
The surrounding National Trust land and the South West Coastal Footpath provides miles and miles of walking to enjoy 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.
The Exmoor National Park is also just a short drive away.
Barnstaple is North Devon's main trading centre and is approximately 12 miles away and has many of the bigger name shops, a rail link to Exeter which has direct trains to London, and direct access to the main A361 North Devon Link Road which joins the M5 at junction 27.
There is a helipad at Chivenor and the nearest airports are at Exeter and Bristol. This apartment and the superb onsite facilities can only be fully appreciated by an internal inspection.
Agents note: The 2024 service charge, which includes maintenance of the common and external areas and related services is currently £6,599 per annum which also includes the building insurance contribution as a major component; this can be paid in two instalments on the 1st of January and again on the 1st July.
The annual ground rent is £450. Pets are allowed within the building with written consent from the Management Company. There is no restriction on holiday or assured shorthold letting.
Council tax/business rates: The council tax is Band D. However, because the property is holiday let, it is currently assessed for Business Rates.
At present, the rateable value qualifies for 100% business rate relief however, we advise you check your own personal circumstances in this regard.
Holiday letting service: As mentioned above, Byron provides an in-house holiday letting service that will take care of your apartment should you decide to let it out to holiday makers.
This high-quality service is provided exclusively to Byron owners that offers a turn-key approach to look after marketing and advertising and manage bookings, changeovers and cleaning.
There is also an Owner's Portal and online booking system to monitor lettings and book any personal stays real-time.
The letting service is charged at a competitive 12% commission which is another great attraction, whereas some alternative third parties may charge upwards of 20%.
Of course, this is an optional service and owners may handle any lettings directly should they wish to do so.
Applicants are advised to proceed from our offices in a westerly direction heading out of town on the A361 sign post Barnstaple.
At Mullacott Cross roundabout take the right hand exit sign post Woolacombe & Mortehoe and follow along this road for approximately 4 miles into the centre of the village.
Upon entering the village, proceed down the hill towards the sea front. Byron will be found on the right hand side on the corner of Beach Road and Sandy Lane.
Communal Hall, Lift & Stairs Private Hall Living/Dining Room/Kitchen (8.74m x 3.86m) Bedroom 1 (3.8m x 2.5m) En Suite Shower Room (2.18m x 1.4m) Bedroom 2 (3.73m x 2.74m) Bathroom (2.18m x 1.6m) Outside South Facing Balcony (6.2m x 1.73m)
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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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Area
Agent & docs
FAQ
About 7 Middlecombe, Byron,, Beach Road, Devon
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