A LUXURIOUS 18 MONTH OLD VERY HIGH SPECIFICATION, PURPOSE BUILT 3 BEDROOM SEASIDE DUPLEX APARTMENT.

Panorama sits in a beautiful location, south-west facing and enjoys the most breath-taking views to over 180 degrees across the stunning Woolacombe Bay taking in the award winning golden sand surfing beaches, Baggy and Hartland Points, Morte Point and the Atlantic Ocean with Lundy Island in full view. Arguably, the property enjoys some of the finest views that the area has to offer and has a real WOW FACTOR. As well as the fabulous scenery, the location offers a perfect vantage point to take in the spectacular sunsets to enjoy throughout the year.

The imposing yet attractive building was completed just 18 months ago is located towards the end of a private no-through road, yet is only a short stroll from the beach and village amenities. There is a footpath at the end of the road which provides a short cut to Barricane and Combesgate beaches and at the rear there is open National Trust Land.

Panorama is a very high quality purpose built development and not a conversion therefore providing the very latest in design and building specification. The sleek, modern interiors have been carefully designed and styled and are bright and airy and enjoy the outstanding views over the entire bay and coastline. A top class finish throughout using stylish fittings and decor presents the home with a state of the art interior that is ideal as a permanent home, a high quality second home or as a high class holiday let. The kitchen is fitted with Neff integrated appliances and solid white Quartz worktops. The appliances include an oven togther with a second conbination oven/grill/microwave, a 5 ring induction hob, fridge/freezer, dishwasher and a Bosch washing machine. All bathrooms have modern sanitary ware and attractive natural stone tiling. There are double glazed windows and doors and gas fired underfloor central heating throughout which can be controlled via an app from your smartphone. The apartment has a large sea facing sun terrace which is accessed directly from the main living room, as well a separate rear court yard and an additional sea facing balcony from the main bedroom. There are two allocated off road parking spaces with further additional visitors parking. Furthermore, there is useful storage area ideal for beach equipment, surfboards etc.

Every attention has been made to maximise the views, with great care and attention to detail throuoghout the development. The apartment is unique both in design and outlook, and a rare and one off opportunity to locate to a tranquil and beautiful environment where one can’t help but feel connected to nature.

This beautiful home would be ideal for the holiday letting market with excellent returns possible. Holiday rental projections will be available shortly. For furnished holiday letting, there is a little known tax incentive which could be exploited, known as Capital Allowance. This would give the new owner wanting to use the property as a furnished holiday let substantial savings on their income tax. Further information on this is available upon request.

Apartment 2 - Located on the Ground and Lower Ground Floors

Apartment 2 is a three bedroom duplex unit arranged over two floors. The entrance to this apartment is via the ground floor. The main living room and kitchen is a delightful and spacious, open plan room with a curved wall offering an expanse of glass on the sea facing elevation allowing the occupant to take full advantage of the wonderful coastal views. Double doors open onto a large terrace which has plenty of space for outdoor furniture and provides a truly outstanding vista across the entire bay. At the rear of the apartment there are two bedrooms and a family bathroom. There is access from bedroom 2 onto a rear privately owned rear courtyard which has an outdoor shower. The lower ground floor comprises a master bedroom suite which is cleverly designed with the bed positioned in the centre of the room to maximise the views. Double doors lead on to a further sea facing balcony. There is a large walk-in wardrobe and a beautifully appointed en suite bathroom.

THE LEASE AND SERVICE CHARGE

The apartment has the balance of a 999 year lease which commenced on the 1st January 2020. The service charge is £140 per month (£1,680 per annum) and includes the day to day running costs of the building, internal cleaning of the communal areas etc. and the building insurance. A Managing Agent, Turners Property Management, oversee the running of the building. The freehold is vested in the Management Company known as Panorama (Woolacombe) Ltd which is made up of the 5 apartment owners. There are no restrictions on holiday or assured shorthold letting and pets are allowed within the building with written consent from the Management Company (such consent would not be unreasonably withheld).

THE LOCATION AND AMENITIES

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 a variety of 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 2 1/2 miles of golden sand that stretch across to Putsborough there is 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 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. 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 the London Stations, and direct access on 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.

A full internal viewing is an absolute must to fully appreciate the grandeur and quality of this outstanding coastal home.

WARRANTY
The balance of a 10 year LABC warranty is available with this apartment. More details here: Applicants are advised to proceed from our offices in a westerly direction heading out of town on the main A361 sign posted Barnstaple. At Mullacott Cross roundabout take the right hand exit sign posted Woolacombe & Mortehoe. Continue along this road for approximately 4 miles following the signs towards Woolacombe village. Upon entering the village proceed down the hill towards the sea front and turn right immediately adjacent to the Red Barn onto the Esplanade. Continue along the Esplanade for approximately 250 yards taking the first turning on the right into Rockfield Road. Continue up Rockfield Road following up the hill and passing the right hand turn into Bay View Road. Continue on for approximately 100 metres where Panorama will be found on the right hand side.