This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Tenure: Leasehold
- Beautifully presented and contemporary first floor apartment
- Sought after location close to the seafront and picturesque harbour
- Pleasant open views towards Capstone, the harbour, Bristol Channel and Welsh coast
- 26ft x 15ft Living room and kitchen with integrated appliances
- Double bedroom and single/bunk bedroom
- Privately owned balcony enjoying the open views
- Ideal as a permanent home or quality second home/holiday let
- Short stroll from most of the towns amenities
The property is one of just four high quality units in this characterful building situated in a central and convenient location in one of the oldest parts of the town. Local amenities are all on hand. Fore Street boasts a variety of small independent shops, while the main high street is within 200 metres. Some of the best restaurants in North Devon are just a stone's throw away, and a theatre, beaches and bars are all close by. Within the town there are also banks, a health centre, hospital, library, cinema and schools for all ages.
The apartment would provide a comfortable low-maintenance permanent home or alternatively be ideal as a high quality second home/holiday let with good income potential. Projections for holiday letting give a gross annual income in the region of £17,500 in the first year rising to £20,500 after year three with weekly tariffs ranging from £350 in the low season up to £1,220 in the main peak weeks. (Figures provided by Blue Chip Holidays).
The property is leasehold with a 999 year lease. The freehold is vested in the management
company made up of the four apartment owners with each holding a ¼ share.
The apartment benefits from gas central heating and double glazed windows. There is a video intercom and door entry system providing additional security. High ceilings and tall sash windows give the lounge, kitchen and bedrooms a spacious, airy feel. The apartment is decorated in neutral tones throughout, with good quality floor coverings, fixtures and fittings, and is ready for immediate occupation.
The entrance hall has all rooms leading off, with the heart of the home being the delightful, bright and airy 26ft x 15ft kitchen and living room. The kitchen area is fitted with a range of modern base and wall units with granite work surfaces, complemented by integrated appliances which include a washer/dryer, hob with extractor canopy over and oven under, fridge, freezer and a dishwasher. The kitchen opens onto the lounge area which enjoys the open views towards Capstone and the Bristol Channel and has double doors leading out onto the balcony.
Along the hallway is a modern fitted shower room/wc and the two bedrooms. Bedroom 1 is a good sized double bedroom. Bedroom 2 is currently used as a single bedroom but would accommodate either a small double bed or bunk beds.
Parking is available in the nearby public car parks, and reasonably priced residents permits are available for purchase online.
The service charge is £150 a month. This will include building insurance, cleaning of windows and communal areas, and a sink fund for repairs. There are no restrictions on holiday or assured shorthold letting and pets are allowed in the building.
Applicants are advised to proceed from our offices in an easterly direction along the High Street.
At the end of the High Street bear off left into Fore Street and continue down the hill and through the No Entry (Access Only) signs.
Number 52 Fore Street will be found on the left hand side a further 100 metres down the hill.
Rooms
Communal Entrance Hall & Stairs
Private Entrance Hall 3.43m x 0.91m
Living Room/Kitchen 7.95m x 4.67m
Bedroom 1 (Double) 4.1m x 2.7m
Bedroom 2 (Single/bunk) 3.96m x 1.63m
Shower Room 2.77m x 1.35m
Balcony 2.77m x 1.35m
Property information from this agent
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Broadband availability and predicted speed: obtained from Ofcom on December 23, 2021
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
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Mobile phone signal availability and predicted strength: obtained from Ofcom on December 23, 2021
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Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
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Energy Performance data and Internal floor area: obtained on October 9, 2021 from The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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