1 bed flat for sale

Parade Terrace, Ilfracombe, Devon EX34

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 £117,250 based on an average saving of 33%.

Market Value Price: £175,000

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 £175,000, please contact the estate agent Webbers.
Property description

Is this the best value-for-money waterside home available in the current market? We certainly think so!
Offering fabulous uninterrupted views over the Bristol Channel and the distant Welsh coastline, this delightful, bright and airy one-bedroom waterside apartment is perfect for first time buyers and those looking for low maintenance coastal living. With the considerable benefit of its own allocated off-road parking space and with excellent potential as a buy-to-let or holiday let investment, this superb home will suit a wide range of potential buyers and has no onward chain, ready for immediate occupation.

Nestled in one of Ilfracombe's most sought-after locations, this delightful property offers a rare opportunity to own a waterside retreat with breath-taking, uninterrupted views over the Bristol Channel. Perched literally on the water's edge, the home overlooks the rugged coastline with views stretching across the channel to Wales, offering a stunning vista that is sure to captivate.

Positioned in the heart of Ilfracombe's bustling seafront, the property is just a leisurely stroll from the picturesque harbour and only metres from Wildersmouth Beach. The iconic Tunnels Beaches, famous for its historic seawater pool and hand carved Victorian tunnels, are also close by. A vibrant selection of cafes, bars, and restaurants serving a variety of fare to suit all tastes and budgets is conveniently located nearby, adding to the charm and accessibility of this fantastic spot.

Inside, the property features a spacious, bright, and airy lounge, with a large bay window perfectly framing the spectacular coastal views. The modern, well-equipped kitchen includes a range of appliances, making it ideal for holidaymakers or full-time living. The comfortable double-sized bedroom benefits from an en-suite shower room, while a separate toilet provides added convenience when entertaining guests.

Practicality is a key feature of this home, with the considerable benefit of an allocated off-road parking space, a true rarity in this area. The property also boasts gas central heating and double-glazed windows, ensuring comfort throughout the year.

Whether you're looking for a low-maintenance getaway, an affordable first-time home, or a holiday let with excellent income potential, this property offers versatility and value for money. Ready for immediate occupation and with no onward chain, it's the perfect opportunity to embrace coastal living or invest in a profitable venture.

Likely the most affordable waterside property in Ilfracombe, this home represents outstanding value. With the chance to beat the upcoming stamp duty changes on April 1st, don't miss this incredible opportunity. Arrange a viewing today and make your coastal living dreams a reality!

Lease information: This property is leasehold with the balance of a 999 year lease which commenced on the 1st April 1996. The freehold is vested within the Management Company and each of the 10 apartment owners holds an equal share in the company. The current annual maintenance charge is ?1,000 per annum, this includes maintenance, insurance, fire alarms and cleaning of the communal areas. We understand there is no ground rent charge. The apartment can be used as a main residence as well as a holiday let and long term letting is permitted. Domestic pets are also allowed in the property.

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.