Guide price
£695,000
Beach Road, Woolacombe, Devon, EX34
2 bedroom apartment for sale
Apartment, New Development, Coastal Views
2 Bedrooms
2 Bathrooms
1 Receptions
Key Features
- Superb high specification, waterside contemporary penthouse apartment
- Great for those looking to escape the busy cities for a life on the coast and in the countryside
- Minutes walk of the golden sand beaches and village amenities
- Outstanding views across Woolacombe Bay & Atlantic Ocean
- Top floor apartment with 2 bedrooms and 2 bathrooms
- Large sunny sea facing balcony
- 22ft kitchen/living/dining room
- Secure underground parking
- Range of on-site facilities including indoor swimming pool, sauna & spa, games room, concierge and adjacent restaurant/bar
- Currently used as a high-end holiday home/holiday let producing circa £40,000 per annum (scope to increase further dependent on personal use)
- Full residential occupation
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Property Description
Introducing this stunning modern apartment in a truly magnificent location!
This outstanding property enjoys uninterrupted views over the village, Potters Hill, and the neighbouring countryside, with a breath-taking vista stretching across a 2 1/2 mile stretch of golden sand beach to Baggy and Hartland Points. As you gaze out over Woolacombe Bay, you'll even catch sight of the majestic Lundy Island.
Part of the prestigious Byron development, this penthouse apartment holds one of the finest positions within the building. The large sunny sea-facing balcony offers ample space for al-fresco dining, sunbathing, and immersing yourself in the glorious coastal atmosphere and panoramic views. With full height bi-folding retractable doors from both the living room and main bedroom, the balcony seamlessly connects with the indoor living areas.
Step inside to discover a bright and airy 22ft long contemporary living/dining room and kitchen, adorned with sleek modern fixtures and top-of-the-line integrated appliances. The kitchen also features a convenient breakfast bar for casual dining.
The master bedroom spans an impressive 19ft and provides direct views of the beach, the bay, and the rugged coastline right from the comfort of your bed. With a large built-in wardrobe and an en-suite shower room boasting modern clean lines, the master bedroom offers both generous storage and privacy. Bedroom 2 is double-sized and 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, this apartment is fully equipped with top-quality fixtures and fittings. It is available for purchase fully furnished, ready for immediate occupation. 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. There's also Brundles Restaurant and Bar, on hand for drinks and dining.
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 a holiday let throughout the year, generating an excellent annual income. 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. At present, the apartment generates an excellent annual income from holiday letting, in the region of £40,000 per annum. The owners take several weeks for their own personal use as well as for family and friends so there is scope to further increase the annual income if desired. Furthermore, there are some significant tax incentives when operating the property as a furnished holiday let (FHL) with Capital Allowance being one such incentive. This would give the new owner wanting to use the property as a furnished holiday let substantial savings on their income tax. Further information on this is available upon request.
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 2½ 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 £7151.58 per annum which also includes the building insurance contribution as a major component; this is 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. The current rate is £2,550. The property should qualify for Retail Hospitality and Leisure Relief which means for the 2023/24 tax year, 75% relief would be applied. 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.
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