1 bed flat for sale

Hillsborough Road, 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 £134,000 based on an average saving of 33%.

Market Value Price: £200,000

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 £200,000, please contact the estate agent Webbers.
Property description

Enjoying outstanding views across the picturesque harbour, Lantern Hill, Hillsborough, the Bristol Channel and distant Welsh Coast is this superb 1 bedroom purpose built apartment in a stunning contemporary development specifically for residents over 60 years of age built by McCarthy & Stone in 2012. The apartment has its own large sea facing balcony.

Lantern Court is a superb building of an individual 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.

The property was built by McCarthy & Stone in 2012 and is specifically for residents over 60 years of age. It is located just a short distance from the high street and sea front and local amenities which include a post office, pharmacy, hairdressers, bakers, banks and supermarkets. In addition there is also a library, theatre and 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. Apartment 8 is a spacious one-bedroom unit with high specifications and a quality finish. There is the immediate feeling of space upon entering the apartment in to the large entrance hall which gives plenty of space for wheelchair access if needed. There is a really useful large store cupboard ideal for general household items and also housing the hot water boiler and the air recirculation system. The heart of the home is the living room which enjoys delightful and outstanding views taking in the picturesque harbour and Lantern Hill, Capstone, Hillsborough, the Bristol Channel and distant Welsh coastline. A fireplace provides a focal point to the room and there is a door leading out on to the privately owned sea facing balcony. Leading from the living room is the kitchen which comprises a range of modern base and wall units and integrated appliances which include an oven, hob and extractor, fridge and freezer.

Across the hallway is the double bedroom which has a built-in wardrobe. The bedroom also enjoys the sea and harbour views and has access to the balcony. The bath room is well fitted with a four piece suite and includes a walk-in shower cubicle, a wc, bathtub, and a hand basin.

The apartment is pleasantly decorated throughout in neutral tones and has carpets and flooring fitted ready for immediate occupation. The doors are oak veneered with chrome door furniture and there are electric heaters and double glazed windows and doors.

The large privately owned balcony is a real asset and is a generous outdoor area has plenty of space for outdoor furniture, table and chairs etc. The splendid views can be enjoyed from the balcony.

Lantern Court has its own secure and covered car park albeit there are limited numbers of car parking spaces. The spaces are rented from McCarthy & Stone at a cost of ?500 per annum. We understand that there are car parking spaces available at present if required.

Agents note: The property sale is subject to probate and exchange of contracts can't take place until probate has been granted.

Agents note:
The property is leasehold with the balance of an original 125 year lease which commenced in 2012. We understand that the service charge for the coming year is ?245.43 per month and includes maintenance of the common and external areas, window cleaning the building insurance and water rates. The ground rent charge is ?425 per annum and this is currently paid in two instalments every 6 months of ?212.50 and reviewed every 15 years, next revue 2027. Pets are allowed in the building with permission from the Landlord but once that pet passes away new permission must be sought to replace it. We understand that the property can be let but occupants must comply with the over 60's criteria and be suitable for Independent Living.

We also understand that McCarthy & Stone are due 1% of any future sale price which is payable on completion of that sale.

Entrance Hall

Bathroom 8'10" x 7'5" (2.7m x 2.26m).

Bedroom 22'3" x 9' (6.78m x 2.74m).

Living Room/Diner 22'4" x 11'7" (6.8m x 3.53m).

Kitchen 8'1" x 7'5" (2.46m x 2.26m).

Balcony 23'9" x 6'5" (7.24m x 1.96m).

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.