Sandy Lane, Woolacombe, Devon, EX34
2 bedroom apartment for sale
Apartment, New Development, Coastal Views, Water Side
- Stunning 4 year old duplex apartment
- Outstanding views over the golden sand beach and Woolacombe Bay
- Just 200 metres from the beach and village amenities
- Contemporary design with full height glazed walls
- 2 bedrooms, 2 bathrooms
- Superb 36ft long living room with fabulous views
- 2 sea facing sunny balconies
- Under-building car park with allocated parking and EV charging
- Passenger lift to all apartments
- Ideal permanent home or quality second home/holiday let
- Potential Holiday Let income in the region of £39,500 per annum
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Oceanpoint is an individually designed and contemporary building built in 2018 and comprising 12 high quality duplex style apartments. The property is located in a central and convenient location just 200 metres from the fantastic golden sand surfing beaches and just a short stroll from the village amenities. Apartment 10 has its accommodation arranged over the top two floors and enjoys outstanding far reaching views over Woolacombe Bay looking down the beach towards Putsborough, Baggy and Hartland Points and across the Atlantic Ocean.
Apartment 10 is a superb apartment of approximately 82m2 (879ft2). To take full advantage of the views, the living accommodation is located on the upper floor which comprises a spacious stunning light-filled living room, kitchen and dining area stretching from the front of the apartment through to the rear and with a sea facing 'glass wall'. There is direct access out on to a large south facing balcony ideal for sun loungers and 'al-fresco' dining. The kitchen is beautifully appointed and well-equipped with integrated appliances which include an oven, hob and extractor canopy, a fridge and freezer and a dishwasher. On the lower floor, the master bedroom enjoys the floor to ceiling glass and the open views across the beach and bay. There is access from the bedroom onto an additional balcony. Bedroom 1 also has its own en suite shower room which has modern fittings and attractive tiling. Bedroom two is located at the rear of the building but again has a full height glass wall. The separate family bathroom is beautifully appointed and has similar modern fittings as per the en suite.
There is a large under-building car park and Apartment 10 has the benefit of an allocated space in that car park which also has its own electric vehicle charging point. There is direct access from the car park into communal entrance lobby which has a passenger lift to all floors which ensures easy, step free access for all. The two large balconies provide areas to sit and enjoy the fantastic sea and coastal views and enjoy a sunny southerly aspect and offers space for al-fresco dining and sunbathing.
The apartment is ideal as a low maintenance permanent home or as a high quality second home/holiday let. The present owners have never holiday let the property but projections provided by a local company for this suggest a potential annual income in the region of £39,500, with weekly rates ranging from £700 in the low season to £2,200 in the peak summer months.
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 beach which has previously held the accolade as the No. 1 beach in the country by Trip Advisor. Many, many visitors flock to the area throughout the year but especially through the busy summer months. The village has an array of facilities which include a variety of small independent shops, a selection of cafes, bars and restaurants to suit all pockets and tastes, a health centre, chemist and a Primary School which has an 'outstanding' rating from Ofsted. As well as main stretch of golden sand, there is also 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. The surrounding National Trust Land provides miles and miles of walking enjoying 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.
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 and gives direct access on the main A361 North Devon Link Road which joins the M5 at junction 27. Ilfracombe is just a short drive along the coast, approximately 5 miles away and has plenty of coastal charm and a picturesque harbour which is home to world renowned artist Damien Hirst's 60ft high bronze 'Verity' statue. The Cathedral city of Exeter is approximately 50 miles away and has direct rail links to main stations in London.
The property is leasehold with the balance of an original 999 year lease which commenced on the 1st January 2017. The freehold for the development is currently in process of being transferred from the original developers to a Management Company made up of the 12 apartment owners. Directors of that company have been appointed and those Directors are apartment owners along with Stephen Brown who is the Managing Agent who oversees the day to day running of the building. The new limited company has been incorporated and the final part of the transfer process should be completed shortly. The service charge is charged at 2/25ths of the overall cost for this apartment which at present equates to £1,800 per annum and includes contributions towards the maintenance fund for the building and the building insurance. The balcony planting and window cleaning will be undertaken by the management company and access to the balconies for management operatives will be required under the lease. Pets are allowed within the building with the written consent of the freeholder and holiday and assured shorthold letting is permitted. There will be a restriction on replacing the white window blinds as they must remain white to the outside. There is also the balance of a 10 year CRL warranty which covers the structural integrity of the building.