2-bedroom flat · EX34 7DQ
For saleListed 45 days
Opportunity summary
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About
A self contained holiday apartment with long established repeat rental income with private sea facing patio and landscaped communal gardens with built in barbecues, Surfers wet room and board store.
Private parking. No upper chain. EPC D Situation And Amenities Enjoying excellent front line views over Woolacombe bay, National Trust Hillside, Baggy Point and Hartland.
Barricane, Combesgate, Rockham beaches are within walking distance, as is Woolacombe Village itself, not only famous for its award winning beach but also offering a range of shops, restaurants, bars and leisure facilities.
The well regarded villages of Croyde and Saunton are both located a short drive away, each offering further sandy beaches and in the case of Saunton, a popular Championship golf course.
Nearby Ilfracombe has an attractive harbour and Exmoor National park and Lynton/Lynmouth, with further dramatic coastal scenery, are easily accessible by car.
North Devon’s main trading centre of Barnstaple is only 12 miles and offers a wide range of amenities and facilities to include Theatre and District Hospital.
It also provides transports links to the A361 (North Devon Link Road) which in turn connects with the M5 at Junction 27 where rail links to London (Paddington in just over 2 hours) can be found at Tiverton Parkway.
The nearest International airports are at Bristol and Exeter.
Description A 2 bedroom holiday apartment with long established repeat rental income enjoying glorious views across Woolacombe Bay towards Putsborough.
Private sea facing terrace and communal, landscaped gardens with sea views and built in seating and barbecues. Surfers wet room and board store. Private parking.
Fixtures and fittings available, along with a full management package.
Accommodation Entrance lobby leading to hall, Storage cupboard and door through to kitchen/sitting/dining room A bright dual aspect room with Juliet balcony to front elevations with delightful sea views over Woolacombe Bay and beyond.
Windows to rear elevation and French doors leading a communal terrace.
The kitchen is a modern fitted kitchen with ample work surface, storage above and below, a wall mounted boiler, integrated washing machine and dryer, single bowl sink with drainer, integrated electric hob with oven below and extraction fan above, tiled floor.
Living area with wooden balustrade, two steps down to dining area where you can enjoy the aforementioned sea views, wall mounted TV with a surround sound.
Bedroom 1 Vaulted ceilings window looking South across the Woolacombe, exposed wooden beams, door out to pathway that leads to private terrace.
Shower room with corner shower cubicle, mains fed shower, corner WC, porthole window and corner sink with storage above, heated chrome towel rail, tiled flooring and partial tiled walls.
Family bathroom Opaque window to rear elevations, p-shaped bath with shower mains fed shower over, hand wash basin with storage below and illuminated light above, low level WC and heated chrome towel rail.
Bedroom 2 Currently set as a family room, with a double bed and bunk beds, fitted storage, wall mounted TV and window out to side elevation. Tenure Length of lease / 999 years from December 2016.
Associated costs / Monthly management Apt 4 is £120pm Restrictions / Currently set up for 12 month holiday use. Usage and maximum stay / Currently set up for 30 days.
Services All mains connected, gas fired central heating. According to Ofcom Superfast broadband is available in the area.
Directions Dropping down into Woolacombe village turn right onto Bay View Road, adjacent to The Barn.
The parking and visitors parking can be found on both sides as you drive with signage for Southover beach.
The main entrance door to the apartment will be found to the left hand side of the main building. What3Words: ///juggle.reminds.schematic
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.
Area
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FAQ
About 4, Southover Beach, Bay View Road, Woolacombe
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