In reply to R Simpson:
Pretty much a piece of piss if you can find Babbacombe main street (called Babbacombe road). Drive towards Torquay along this road and the DIY store is on your left; it's pretty obvious as it's the only large store on the road.
Getting onto Babbacombe high street is more convoluted. Heading south on the main road (A380) you'll reach a set of traffic lights with a Benson's beds on your left. Turn left here and the roads will get you into Babbacombe eventually!