Oceanpoint, Sandy Lane, Woolacombe, Devon

LOT 7 – FOR SALE BY AUCTION
9 Oceanpoint, Sandy Lane, Woolacombe, Devon EX34 7AY
Guide Price £525,000 – £615,000*
Wednesday 28 October 2026 at 1.00pm – The St James Room, Claridge's, Brook Street, Mayfair, London W1K 4HR

TOP-FLOOR SEA VIEWS, A "GUEST FAVOURITE" HOLIDAY LET AND THE BEACH FOUR MINUTES AWAY

THE PROPERTY
9 Oceanpoint is a stylish two-bedroom duplex apartment built in 2017, one of only 12 homes in a gated, boutique development about four minutes' walk from Woolacombe's three-mile Blue Flag beach. Arranged over the first and second floors, it extends to approximately 883 sq ft (82 sq m) and has been designed to make the most of the view.

The living space sits on the top floor: a double-aspect open-plan kitchen, dining and living room with sea views, a breakfast bar and built-in appliances. On the floor below, the principal bedroom has an en-suite and its own south-facing balcony looking out to the ocean, alongside a twin bedroom, a modern family bathroom and a utility cupboard. Underfloor heating is powered by an air source heat pump.

Planning permission allows the apartment to be used as a permanent home or a holiday let. It holds Airbnb "Guest Favourite" status with a 4.84-star rating from more than 230 reviews, sleeps up to four, and is sold furnished and ready to trade.

ACCOMMODATION
Approximately 883 sq ft (82 sq m)

First floor
Entrance via the gated pedestrian entrance and external stairs
Principal bedroom with en-suite and private south-facing balcony
Twin bedroom
Family bathroom
Utility cupboard with space for a washing machine

Second floor
Double-aspect open-plan kitchen, dining and living room with sea views, breakfast bar and built-in appliances

Outside and communal
One underground parking space with CCTV and EV charger (2m height limit)
Surfboard store, outdoor shower and bin store
Lift access and gated entrance

HOLIDAY-LET INCOME (SELLER'S FIGURES)
The apartment trades through Airbnb, which charges a host fee of 15.5% of the booking value.
2026 bookings to date (paid and upcoming): £40,064 net of the 15.5% Airbnb fee
Equivalent gross booking value: about £47,400
Gross yield: about 7.7% to 9.0% across the guide range, before running costs
The seller expects further late bookings for October to December 2026.
Airbnb performance screenshots are available to bona fide buyers on request. Figures are supplied by the seller, have not been verified by the auctioneers and are not a forecast of future income. Buyers should allow for service charge, cleaning, utilities, business rates, maintenance and management costs, and take their own advice.

LOCATION
Woolacombe is one of the UK's best-loved seaside villages, and its three miles of golden sand regularly rank among the country's finest beaches. The village has cafés, restaurants, surf schools and shops. The surrounding coast is an Area of Outstanding Natural Beauty crossed by the South West Coast Path. Barricane Beach, a sheltered shell cove, is at the northern end of the village, and Putsborough is at the southern end of Woolacombe Sands. Mortehoe, Baggy Point, Croyde, Saunton Sands, Braunton and Ilfracombe are all within easy reach, with Exmoor beyond.

Beach: Woolacombe Beach about 0.2 miles (4 minutes' walk)
Rail: Barnstaple station about 13 miles (Tarka Line to Exeter St Davids)
Road: A361 North Devon Link Road to the M5 at Junction 27

Nearby schools include Woolacombe School (ages 2–11, rated Good by Ofsted), Braunton Academy (ages 11–16, rated Good) and West Buckland School (independent, ages 3–18).

TENURE AND OUTGOINGS
Tenure: Leasehold, 999 years from 2017, with a 1/12th share of the freehold
Service charge: £2,340 per annum
Council tax: business rated as a holiday let (North Devon Council)
EPC: B
Heating: underfloor heating via air source heat pump
Services: mains water and electricity

HOLIDAY LETS AND BUSINESS RATES
To remain assessed for business rates rather than council tax, a holiday let in England must generally be available to let for at least 140 days a year and actually let for at least 70 days. A property used as a second home may be subject to a council tax premium. Buyers should confirm the position for their intended use with North Devon Council and check the lease for any restrictions.

ALSO AVAILABLE
1 Oceanpoint (Lot 6) and 2 Oceanpoint (Lot 8) in the same development are offered as separate lots – an opportunity to build a Woolacombe holiday-let portfolio.

VIEWING
Strictly by appointment with Palace Auctions.

AUCTION TERMS
Auction: Wednesday 28 October 2026 at 1.00pm, The St James Room, Claridge's, Brook Street, Mayfair, London W1K 4HR
Bidding in the room, online, by telephone, by proxy or by email. Unless sold prior.
Contracts are unconditional and exchange on the fall of the hammer
Deposit: 10% of the purchase price, payable on exchange
Buyer's premium: 1% of the purchase price, minimum £2,000 + VAT
Contract documents charge: £850 + VAT
Completion as set out in the Special Conditions of Sale
All bidders must register in advance and complete ID and anti-money-laundering checks. Online bidders must pay a £2,000 security deposit before the auction.

OFFERS BEFORE AUCTION
The seller may consider acceptable offers before the auction day. Any sale agreed early will also be on auction contract terms.

IMPORTANT
Buyers must read the legal pack, the Common Auction Conditions, the Special Conditions of Sale and any addendum, and take advice from a solicitor before bidding. Buyers should budget for Stamp Duty Land Tax, including any higher rates for additional dwellings. Palace Auctions has not tested any services, appliances or installations.

CONTACT
Edward Swindells, Auctioneer · Tom Barrett, Sales Director · Bridgett D Dickens, Senior Negotiator
Palace Auctions London – please contact us through Rightmove or visit palaceauctions.com

*A guide price is not a valuation. It indicates the seller's current minimum acceptable price at auction. The reserve will not exceed the top of the guide range. The guide and reserve may change up to auction day.