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Capstone Crescent, Ilfracombe, Devon, EX34

2 bedroom maisonette for sale

Ground Floor Maisonette, Coastal Views, Water Side

2 Bedrooms

1 Bathrooms

1 Receptions

Key Features

  • Superb waterside apartment, literally right next to the sea
  • Outstanding uninterrupted views over the Bristol Channel and rugged coastline
  • Spacious two storey accommodation with direct access to the communal gardens
  • Lounge with full height, sea facing bay window - A REAL WOW FACTOR!!
  • Modern kitchen/diner
  • 2 generous sized bedrooms (main bedroom with access to communal garden)
  • Minutes walk of the harbour, sea front, restaurants, shops and bars
  • Perfect as a low maintenance permanent home
  • Currently run as a successful holiday let producing an excellent income
  • No onward chain
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Property Description

This fabulous waterside duplex apartment has generous sized, bright and airy two storey accommodation, well-presented throughout, and sits in an enviable location in the heart of Ilfracombe sea front, immediately adjacent to the sea. In fact, you cannot get any closer to the sea than where this apartment is situated; the outstanding views stretch across the Bristol Channel and along the immediate rugged coastline and across to the Welsh seaboard in the distance on the other side of the Channel. This delightful maisonette has easy ground floor access and has a real wow factor when entering the spacious lounge which has a large and full height sea facing bay window which really highlights the outstanding views across the channel. The living accommodation is at ground level and comprises the lounge and a modern fitted kitchen/diner. Stairs lead down to the garden level where there are two good-sized bedrooms, currently set up as a double room and a twin room. There is also a family bathroom. The building benefits from its own communal waterside patio garden and this apartment has direct access to that patio via sliding doors from the main bedroom; again, this is another great asset. The patio is a great space for an al-fresco meal, morning coffee or evening drinks and there is plenty of space for outdoor furniture and sun loungers. It is also a very prominent vantage point to enjoy some of the spectacular sunsets throughout the year. This area of the property, although communal, is rarely used by the other residents in the building except for those who have the direct access from their respective apartments; this apartment has the direct access as does apartment 1.

Within the sea front area there are various public car parks that offer permits for parking, the nearest being the Cheyne Beach car park. We understand that some residents of the building do rent parking spaces from a neighbouring property within the road albeit availability of those spaces cannot be guaranteed.

The property enjoys arguably one of finest locations within Ilfracombe and is located just a few minutes mainly level stroll from the picturesque harbour which is the home of Damien Hirst's 'Verity' statue which has been responsible for attracting many visitors to the town over recent years. The bustling seafront has many good quality restaurants and bars along with small independent shops, a Theatre, Art Galleries and various beaches. The apartment is considered ideal as a low maintenance permanent home or alternatively would make a high quality second home/holiday let. The current owners have run the property as a very successful holiday let in recent years and there is potential to derive an annual income in the region of £25,000 or so.

We fully advise a full and early inspection of this delightful home to fully appreciate the outstanding waterside location and the superb coastal views.

The property is leasehold with the balance of an original 999 year lease which commenced on the 25th March 1992. The Freehold is vested in the Management Company which is made up of the 13 apartment owners. The service charge for this apartment is currently £195 per month and that includes contributions to the maintenance and upkeep of the communal and external areas of the building and the building insurance premium. There is a significant sinking fund that has built up over the years providing a great nest egg for future works as and when required on the building. The management company do allow well-behaved pets within the building and we understand that they also allow holiday and assured shorthold letting.

Key Information



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