Compass Apartments, Capstone Crescent, Ilfracombe, Devon, EX34

The chance to acquire a light and airy second floor apartment in a large and attractive stone fronted Victorian building, situated literally on the water’s edge within walking distance of the town’s amenities.

The property enjoys arguably one of the finest locations within Ilfracombe with outstanding and uninterrupted views to a wide vista across the Bristol Channel towards Lantern Hill and the harbour, Hillsborough and the coastguard cottages. On a clear day, the far reaching views stretch across to the distant Welsh coastline and there are many passing ships and yachts through the Channel. Located just a few minutes, mainly level stroll is the picturesque harbour which is the home of Damian Hirst's 'Verity' statue which has been responsible for attracting many visitors to the town over the past few years. The bustling seafront has many good quality restaurants including the recently awarded Michelin starred 'Olive Room'. There are a number of bars/public houses along with small independent shops, all of which are within easy reach of the apartment. The landmark Theatre is close by as are beaches at Cheyne, Wildersmouth and the famous hand carved Tunnels Beaches with sea water pool. Damian Hirst's influence on the town continues to grow and there are now many art galleries within the immediate area.

The property comprises of an entrance hall with doors leading off to the principle rooms. The living room is located to the rear of the property and is the perfect space to entertain guests. The living room possesses ample space for sizeable furniture and fantastic sea views across the Bristol Channel can be enjoyed by all. There is a doorway leading our on to a balcony which has space for an outside table and chairs. The apartment has two good size double bedrooms, bedroom one is the larger of the two but the second bedroom is complimented with sea views and an en-suite. The kitchen is fully equipped with a range of base and eye level units and matching drawers, stainless steel sink unit inset in to attractive work top surfaces, four ring gas hob with electric oven under, space and plumbing for a washing machine and an integrated fridge freezer with a gas combination boiler within a cupboard. The family showerroom comprises of a walk in shower cubicle with extensive wall tiling, w.c, wash hand basin and a heated towel rail for convenience.

The apartment is considered ideal as either a permanent home or alternatively would make a high quality second home/holiday let. The location is ideal for attracting holiday makers to the property which would have great income earning potential.

Limited parking is available within Capstone Crescent which is restricted at certain times of the year. There are many nearby car parks and it is possible to purchase an annual permit from the local authority if required. This apartment represents a great opportunity to purchase a truly waterside property with outstanding views and close proximity to the seafront amenities. We fully advise an early internal inspection to avoid disappointment.

AGENTS NOTES: The property is leasehold with the balance of an original 999 year lease. The apartment has 1/5 share of the freehold. There is a regular service charge payment of £50 per month made by each flat which contributes towards a share of any maintenance/improvements works required. We understand that holiday and assured shorthold letting is permitted and pets are allowed in the building. The building insurance is £600 a year and is divided equally between the flat owners.