£400,000 /Sale price

Opportunities to purchase an apartment of this calibre in this location are rare to come by. 1 Challacombe at Byron is a superb and well-presented, high quality 2 bedroom, 2 bathroom purpose built apartment situated in a central and convenient location. The property is located in the garden area of the building and there is passenger lift access to all floors within the building allowing easy step free access to all of the amenities within the development and directly from the car park. The apartment has its own generously sized patio/sun terrace accessed from bi-folding doors from the living room that open and provide a seamless connection with the outdoor space. The terrace provides a great space for al-fresco dining and sun bathing. 1 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 purpose built with accommodation of approximately 72m2 (775ft2) and is an ideal retreat as family holiday home or holiday let. The current owners purchased the apartment as an investment and used it as a holiday let which has achieved both furnished holiday let (FHL) status and positive net income. Current weekly rates amount to £645 in the lowest season up to £1,845 in the peak summer months.The spacious accommodation comprises 2 bedrooms and 2 bathrooms and a 23ft long bright and airy open plan living/dining/kitchen area which has the bi-folding doors that open onto the patio/sun terrace. The kitchen is equipped with a range of integrated appliances which include a double oven with an electric hob and extractor canopy over, a fridge/freezer and a dishwasher. Within the hallway there is a useful store cupboard which also houses the hot water cylinder and provides space for and plumbing for a washer/dryer. There are two good sized bedrooms. Bedroom 1 is a double room with its own en suite shower room and bedroom two is set up as a twin bedded room but with the option to be used as a double room as and when required. Along the hallway is the family bathroom and, as with the en suite, there is attractive tiling and modern white fittings. There is an allocated parking space for the apartment in the large underground car park and an allocated surf (store) shed ideal for beach equipment etc. 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 swimming pool and sauna, rainy-day games room and gym to extra helpful staff on hand to assist with your concierge and guest services needs, thought has been given to your every comfort.EXCLUSIVE FOR RESIDENTS AND GUESTS • Swimming pool. • Sauna. • Gym. • Games room. • Pet friendly. • Secure storage for surfboards and bicycles. Holiday Letting ServiceByron provides an in-house holiday letting service that will take care of your apartment should you decide to let it out to holiday makers. This high quality service is provided exclusively to Byron owners that offers a turn-key approach to look after marketing and advertising and manage bookings, changeovers and cleaning. There is also an Owner's Portal and online booking system to monitor lettings and book any personal stays real-time. The letting service is charged at a competitive 12% commission which is another great attraction, whereas some alternative third parties may charge upwards of 20%. Of course, this is an optional service and owners may handle any lettings directly should they wish to do so.On top of all that, there are also WhatsApp groups set up for Byron owners and those that let out their properties which has been highly effective at organising owner meet-ups and bringing together the Byron community.AGENTS NOTE: The 2023 service charge, which includes maintenance of the common and external areas and related services is currently £6,787.19 per annum which also includes the building insurance contribution as a major component; 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; however, our clients have chosen not to have pets within their apartment during the time of their ownership. 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.