SALE AGREED!!!!

Opportunities to purchase an apartment of this calibre in this location are rare to come by. 5 Challacombe at Byron is a superb and very spacious, high quality 4 bedroom, 3 bathroom purpose built first floor apartment situated in a central and convenient location. The property is located in the garden area of the development and is centred around an attractive landscaped courtyard. There is a large south facing balcony that stetches across the entire width of the apartment and provides a great space for al-fresco dining and sun bathing.

5 Challacombe is part of the impressive Byron development which sits in a fantastic position on Woolacombe sea front and is just a few hundred metres away from the stunning golden sand beach that stretches for 2 1/2 miles across the bay. The apartment is one of the largest properties in the building and it is unusual to find an apartment with 4 bedrooms making this a perfect retreat for the larger family or for holiday letting to larger groups of people. Indeed, the holiday rental income for this property is very strong with the 2021 season pulling in a gross income of very nearly £48,000. Tariffs have been increased since then for the current season and for 2023 with expectations for income to exceed £53,000 (a full breakdown of figures are available upon request).

The spacious accommodation comprises four bedrooms and three bathrooms and a magnificent 47ft long bright and airy open plan living/dining/kitchen area which has virtually the whole of the front elevation devoted to full height glazing and comprises two lengths of bi-folding doors that can be fully retracted and open onto the large front balcony. This superb feature helps to seamlessly blend the internal accommodation with the outdoor space. The kitchen is equipped with a range of integrated appliances which include an oven and microwave/combination oven, a fridge and freezer, a dishwasher, washing machine and wine fridge. There is an island unit which also forms a breakfast bar and has an integrated hob with an extractor canopy over. The four bedrooms are all generously sized with two of them having their own en suite facilities and there is a further family bathroom. All of the bathrooms have attractive tiling and modern white suites. There are contemporary, high quality fixtures and fittings throughout and a passenger lift access from all floors within the building, including from the underground car park where there is an allocated parking space for the apartment.

Byron has an exclusive range of onsite facilities that you won't find in any other development in the immediate area. Whether it’s for your family holiday or as part of your investment property portfolio, Byron provides for every eventuality; from the superb all-day restaurant, swimming pool and rainy day games room, to relaxing spa treatments, thought has been given to your every comfort.

EXCLUSIVE FOR RESIDENTS AND GUESTS
• Swimming pool.
• Sauna.
• Beauty treatment room.
• Games room.
• Surf showers.
• Secure storage for surfboards and bicycles. (The owners of 5 Challacombe have two storage cupboards)

Brundle’s Bar & Restaurant
Situated on the ground floor at Byron and overlooking the village with stunning bay views, Brundle’s Bar & Restaurant is a vibrant and exciting place to relax. Enjoy breakfast, lunch, or dinner with your family and friends in the main restaurant, or treat yourself to the full kitchen experience at the Chef’s Table.

On top of all of that, there is also an in-house holiday letting service that will take care of your apartment should you decide to holiday let it. A high quality service is provided exclusively to Byron owners that will look after advertising and bookings, changeovers and cleaning. The competitive 12% commission is another great attraction.

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 medical centre, 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 property is leasehold with the balance of an original 250 year lease which commenced on the 1st January 2014. The freeholder is Blast Properties Ltd and there is a Management Company know as Byron Management Company (Woolacombe) Ltd that oversees the day to day running of the building. The ground rent for the apartment is £250 per annum. The service charge, which includes maintenance of the common and external areas, the concierge service etc is £13435.68 per annum which includes the building insurance contribution; this is paid in two instalments on the 1st of January and again on the 1st July. Pets are allowed within the building with written consent from the Management Company. There is no restriction on holiday or assured shorthold letting.
Applicants are advised to proceed from our offices in a westerly direction heading out of town on the A361 sign post Barnstaple. At Mullacott Cross roundabout take the right hand exit sign post Woolacombe & Mortehoe and follow along this road for approximately 4 miles into the centre of the village. Upon entering the village, proceed down the hill towards the sea front. Byron will be found on the right hand side on the corner of Beach Road and Sandy Lane.