2 bed Flat For Sale £220,000
Fore Street, Ilfracombe, Devon, EX34

This stylish, contemporary, newly-converted 2 bedroom first-floor apartment has its own private balcony that enjoys open views across Capstone, the Bristol Channel and the distant Welsh Coast. The property is a few minutes’ stroll away from the picturesque seafront and quaint harbour, home to renowned artist Damien Hirst's 60ft bronze statue 'Verity', which can be seen from the balcony of the apartment.

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.