4 bed detached bungalow for sale

Fairfield, 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 £174,250 based on an average saving of 33%.

Market Value Price: £260,000

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 £260,000, please contact the estate agent Webbers.
Property description

Welcome to an exceptional opportunity to acquire a spacious detached split-level bungalow with excellent scope for redevelopment, modernisation, and updating. Set on a good-sized corner plot in a popular residential location, this 1970s-built property is ideally positioned in a sunny, elevated setting with commanding views over the town, the Torrs, Cairn, and even the distant Bristol Channel. There is also potential for further extension, subject to the necessary consent, allowing the new owner to truly put their own stamp on this property.

Inside, the bungalow offers an open, spacious entrance hall that leads to a series of well-laid-out lower level rooms. These include a large lounge that benefits from delightful views, a separate dining area, and a kitchen, all providing a comfortable base for family living. The upper level comprises four generous-sized bedrooms alongside a family bathroom, ensuring ample accommodation for the family market as well as couples. A large loft area further enhances the property?s potential, offering ideal storage space or the possibility to be transformed for additional uses.

The entire property is set within a large, mainly level plot that surrounds the bungalow, with the approach made easy by a private driveway offering parking for numerous vehicles. This driveway leads directly to a detached garage and workshop, providing additional versatility and storage options.

Situated in Fairfield?a popular and select close on the sunnier side of the valley?this property enjoys an enviable location elevated above the town yet within easy reach of a range of local amenities. Residents will appreciate the variety of shops, restaurants, wine bars, public houses, cafes, art galleries, and the Landmark Theatre available within the nearby sea front area. The cultural vibe is enhanced by Damien Hirst?s ?Verity? Statue on Ilfracombe pier, which has become a magnet for visitors. The high street, featuring an array of independent shops and essential services, is just a short distance away, complemented by excellent schools and major supermarkets including Tesco, Lidl, and Co-Op. Moreover, the area is renowned for its nearby beaches?such as Wildersmouth and the famous Tunnels Beaches, accessible via Victorian hand-cut tunnels and featuring a seawater pool at low tide?adding to the overall appeal.

Please note that there is no onward chain on this property, and due to its current condition, high loan-to-value mortgages may be challenging to secure. This property presents an excellent opportunity for those looking to create a modern, personalized home or a high-quality holiday let. With its significant potential and unique character, it is a must-view for anyone keen to invest in a property with a promising future.

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.