1 Bed Apartment For Sale

OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISE

Through the Home for Life Plan from Homewise, those AGED 60 OR OVER can purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value.
OVER 60s customers typically save between from 20% To 50%*.

Home for Life Plan guide price for OVERS 60s: The Lifetime Lease price for this property is £99,250 based on an average saving of 33%.

Market Value Price: £148,000

The price you pay will vary according to your age, personal circumstances and requirements and will be adjusted to include any percentage of the property you wish to safeguard. The plan allows customers to purchase a share of the property value (UP TO 50%) to safeguard for the future.

For an indication of what you could save, please use our CALCULATOR on the HOMEWISE website.
Please CALL for more information or a PERSONALISED QUOTE.
Please note: Homewise DO NOT own this property and it is not exclusively for sale for the over-60s.
It is being marketed by Homewise as an example of a property that is currently for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not OVER 60 or would like to purchase the property at the full market value of £148,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
IDEAL FIRST TIME PURCHASE WITH COASTAL VIEWS!

Montpelier Terrace is in an ever popular location, set around a green with delightful views looking out across the Bristol Channel and the Welsh coastline beyond, yet just a few hundred yards from Ilfracombe High Street and further amenities.

IDEAL FIRST TIME PURCHASE WITH COASTAL VIEWS!

Montpelier Terrace is in an ever popular location, set around a green with delightful views looking out across the Bristol Channel and the Welsh coastline beyond, yet just a few hundred yards from Ilfracombe High Street and further amenities. This first floor flat itself has a grand feel with large panel windows which immediately draw you to the view looking out towards the Bristol Channel. Other benefits include communal grounds to the rear and a large parking area beyond, where flat 3 has the use of one space.

The living accommodation comprises of a light and airy kitchen/diner which enjoys superb coastal views. The main hub of the property is the sizeable living room, which again, enjoys great views to the front elevation. This room is currently being used as a double bedroom, which showcases the versatility of the property. To the rear of the property is a double bedroom which is currently being utilized as an art studio. The bathroom is a well equipped 3 peiced suite.

The town of Ilfracombe itself has a variety of small independent shops as well as larger supermarkets including Tesco, Lidl and Co-Op. There are schools for all ages, a health care centre, cottage hospital, theatre, post office and a bank. The picturesque seafront and harbour has further shops, bars and some fantastic restaurants. Watermouth Beach and the famous Victorian handcrafted Tunnels Beach are along the Esplanade which leads to the harbour area. The renowned artist Damien Hirst's influence can be felt by the addition of many art galleries which have appeared over recent years, together with his majestic 60' tall 'Verity' statue at the harbour mouth. Barnstaple, North Devon's main trading centre is approximately 12 miles away with many of the big name shops and rail link to the intercity network at Tiverton. North Devon has a huge amount to offer with fabulous golden sands and surfing beaches at Woolacombe, Croyde and Saunton, just a short car ride away and Exmoor National Park is within easy reach and enjoys some breath taking scenery and mile and miles of walking.

AGENTS NOTE
We understand the property has the balance of a 999 year lease with each of the five apartments having a 1/5 share of the freehold. The service charge is to include building insurance, which is currently set at ?125 per month and also covers the cost of maintenance and electricity to the communal areas. We understand the property can be used as a main home/holiday home or for long term letting however holiday letting is not permitted.

SERVICES
All mains connected.



The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose. Suitable as a retirement home.