Bank Street, Teignmouth, Devon

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 OVERS 60s: The Lifetime Lease price for this property is £187,500 based on an average saving of 33%.

Market Value Price: £280,000


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 £280,000, please contact the estate agent Bradleys.

PROPERTY DESCRIPTION
Bright and really spacious two bedroom town centre apartment with balcony and passenger lift. Offered in lovely order with en suite and large main bathroom/shower room. Underfloor heating. No Onward Chain. Leasehold 999 year lease from 2004. Teignbridge Council Tax Band C Service charge £2654.52pa Ground Rent: £100pa

About the Property	Situated on the third floor of a landmark former hotel is this most spacious and truly elegant two bedroom apartment that really does afford the most bright and airy demeanour. Greeted by a spacious central reception hall with doors off to all rooms. The dual aspect lounge with French doors out on a small balcony is extremely well appointed and has plenty of space for settees and dining room table. The fully fitted separate kitchen (so many are open plan now) offers a great space for food preparation and also has an external window (a plus point). The main double bedroom has an en suite shower room and the main bathroom is vast with plenty of space for the bath and the walk in shower cubicle. The second bedroom is a good size double. The apartment is served by a passenger lift and the ground floor access is designed for persons of all ranges of mobility. Required InformationThe property is leasehold with a 999 year lease from 2004. The council tax is C. The service charge for 01.01.2024 to 31.12.2024 is £2,654.52. The Ground Rent is £100 per annum.
Main Entrance	Doors including automatic door and ramp leading to Communal Entrance foyer. Stairs and lift to all floors.
.	Door leading into ...
Inner Hallway	Door to ...
Hallway	Very spacious hallway with double doors opening into living/dining room. Storage cupboard housing immersion tank.
Living/Dining Room	Light and spacious room with three windows to the side, double doors opening out onto the balcony with views over the rooftops of Teignmouth. Control for underfloor heating, two ceiling lights. Ample space for large dining room table, settees and chairs.
Kitchen	Comprising wooden wall and base units, built-in fridge/freezer, built-in eye level cupboard, integrated washing machine, single drainer stainless steel sink unit with mixer tap, electric hob with extractor hood over. External window.
Bedroom One	A very light and spacious bedroom with door leading to the en suite shower room.
En Suite Shower Room	Large shower, pedestal wash hand basin, WC, chrome towel rail, shaver/light point.
Bedroom Two	Another spacious second bedroom with light fitting, underfloor heating.
Bathroom	A large modern bathroom with tiled flooring, tiling to half height, large walk-in shower cubicle, panelled bath, WC and wash hand basin. Inset spotlights, shaver/light point, electric chrome towel rail.
Required Information	The property is leasehold with a 999 year lease from 2004. The council tax is C. The service charge for 01.01.2024 to 31.12.2024 is £2,654.52. The Ground Rent is £100 per annum.

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.