Summary - 6 SEAROCK APARTMENTS, WILDER ROAD, ILFRACOMBE EX34 9AR
1 bed 1 bath Apartment
Furnished bolt hole with flexible lettings potential and quick, chain-free purchase.
- Harbour-side position, short stroll to the picturesque Ilfracombe harbour
A compact seafront apartment set within a converted Victorian block, offered as a furnished, lock-up-and-leave holiday unit. The property includes the main one-bedroom apartment plus an additional large bedroom with en-suite across the communal hallway, giving flexible income options: let the whole suite together or operate the extra room independently as a hotel-style let. The building is arranged and managed for holiday use, making short-stay operation straightforward for a buyer seeking immediate revenue.
Important constraints are clear and material. The sale is for holiday use only with a 12-month occupancy restriction; it is currently registered for business rates (not council tax) and is advertised for cash buyers. Service charge and community heating are included in the management structure; the current annual service charge is approximately £2,940 and utilities are billed separately. Flood risk in this location is high and the immediate area scores as very deprived with above-average crime statistics—both factors that affect insurance, operating costs and long-term capital growth.
Practical strengths are the superb harbour-side location, fully furnished presentation and no onward chain, allowing a quick handover. The long lease (remainder of a long-term lease) and on-site management company simplify legal position and shared maintenance. Recommended next steps for any buyer are to check insurance implications of the flood risk, confirm business-rates-to-council-tax conversion options, verify the exact lease wording and occupancy rules, and obtain a professional condition survey before commitment.
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