Guide price
£83,750
1 bed flat for saleHillsborough Road, Ilfracombe, Devon EX34
1 bed
- Retirement
- Leasehold
Homewise Ltd
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About this property
Only Over-60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
Savings against the full price of this property typically range from 20% to 50% for a Lifetime Lease
Actual price paid depends on individuals’ age and personal circumstances (and property criteria)
Plan allows customers to purchase a % share of the property value (Up to 50%) to safeguard for the future
Please call for a personalised quote, or use the calculator on the Homewise website for an indicative saving
The full listed price of this property is £125,000
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 Over-60s The Lifetime Lease price for this property is £83,750 based on an average saving of 33%.
Market Value Price: £125,000
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 £125,000, please contact the estate agent Webbers.
Property description
A modern and spacious purpose built 1 double bedroom flat located within a McCarthy Stone over 60's development requiring minimal modernisation.
Lantern Court is a superb McCarthy & Stone Development of apartments for the over 60's being of individual and contemporary design occupying a commanding location with the most outstanding and uninterrupted views across the picturesque harbour and Lantern Hill, Hillsborough, Capstone, the Bristol Channel and distant Welsh Coast. It is located just a short distance from the high street, sea front, and local amenities which
include a post office, pharmacy, hairdressers, bakers, banks and supermarkets. In addition there is also a library, theatre, cinema and a variety of good quality restaurants.
The development has some added features for the comfort and security of the residents. These include a large residents' lounge with a large sea facing balcony, a passenger lift to all floors, a House Manager, Mobility Scooter store and charging point, a guest suite, laundry room and a landscaped garden with harbour viewing deck. From a security point of view there is a security entry system, 24-hour emergency call system in the apartments
and communal areas and fire detection equipment and Vent Axia ventilation system.
Number 24 is a spacious one bedroom Apartment located on the ground floor at the front of the building offering high specification fixtures and fittings. There is good level access from the building entrance to the lift and the apartment front door is close to the lift affording easy access.
The spacious accommodation comprises a hallway with useful store cupboard housing the hot water cylinder: Through lounge/diner with an electric fire on hearth with surround and mantle, space for a dining table and chairs and floor to ceiling window to the front elevation. A door leads through to the kitchen comprising a range of modern wall and base units with integrated appliances to include an oven, hob and stainless steel extractor, fridge and freezer.
The bedroom is a good sized double room and has a built in wardrobe and space for chest of drawers. The bathroom has a fitted white suite comprising bath with shower over, wc, and basin inset to a vanity unit.
The apartment is in a quiet position with neutral d?cor and benefits from electric panel heating. The property will require some moderations
Early inspection is advised to appreciate the quality of accommodation on offer.
The lease is for a duration of 125 years, starting from 1st January 2012. The annual ground rent is ?495, with a service charge of ?4,018.28 per annum for the financial year ending on 31st March 2025. The next ground rent review is scheduled for January 2027. The property is managed by McCarthy and Stone Management Services.
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.
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More information
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Leasehold (Ask agent)
Service charge
Council tax band
Ground rent
Ground rent date of next review