Guide price
£217,750
3 bed flat for saleBank Street, Teignmouth, Devon TQ14
3 beds
- 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 £325,000
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 £217,750 based on an average saving of 33%.
Market Value Price: £325,000
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 £325,000, please contact the estate agent Bradleys.
Property description
Situated in a landmark building, this spacious three-bedroom apartment features generous bedrooms, a bright and airy reception room, and a well-equipped kitchen/breakfast room. With an en-suite principal bedroom, a family bathroom, and ample storage, the property offers both comfort and style. Ideally located in the town centre near local amenities, beaches and more.
About the Property Situated in a prime town centre location, this spacious and well-presented three-bedroom apartment offers both comfort and convenience. A generous hallway leads to the principal rooms, creating a welcoming and airy atmosphere throughout. The property features three well-proportioned bedrooms, including a principal bedroom with an en-suite.
The light-filled reception room offers plenty of space to configure your furniture. The well-appointed kitchen/breakfast room is designed for modern living, while the good-sized family bathroom, airing cupboard, and additional storage enhance the practicality of the home.
Located close to local amenities, the front and back beaches, and the vibrant arts quarter, this apartment is ideal for those who value convenience and a lively coastal lifestyle. The landmark building benefits from a secure and welcoming entrance with lift access, and all communal areas are well maintained.
Material Information Leasehold 999 years from 2004 (978 yrs) remaining.
Service Charge £1725.23
Teignbridge District Council. Tax band D
Mains: Water, electric sewerage
Heating: Electric heating
Restrictions: No holiday letting. Conservation area
Parking available in local authority car parks or on road
Mobile coverage: Voice EE likely, Three likely 02 likely, Vodafone limited. Data EE likely, Three likely, 02 likely, Vodafone limited ()
Broadband: Standard and superfast
Flood Risk: Surface water: Very low risk. Rivers and sea Very low risk
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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