Marine Parade, Instow, Bideford, EX39

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 £385,250 based on an average saving of 33%.

Market Value Price: £575,000


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 £575,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
*INCREDIBLE ESTUARY AND SEA VIEWS* A rare to the market, top floor, three bedroom 1600SQFT apartment with arguably some the most impressive sea and estuary views that can be observed in Instow, with allocated parking and a garage. EPC C

This spacious three bedroom top floor apartment offers unrivalled views over the estuary of the River Torridge directly towards the pretty fishing village of Appledore, up the river towards Bideford town and out towards the Atlantic Ocean.

Originally built in the 1970's on the grounds of a former hotel number 11 is just one of only three with views directly looking both out to the estuary and also onto Instow beach making it rare to the market. This particular home also features a garage with parking which is located opposite Marine Court's entrance.

Ideal for a second home the property is right in the heart of the village on the waters edge and needs to be seen to be fully appreciated.

Accessed via a recently redecorated and communal entrance with intercom, stairs rise up to the top floor with a large window providing an initial glimpse of the views before arriving at the entrance to the apartment.

Once inside the property is well presented and decorated in light neutral colours with wide floor to ceiling windows in the living room allowing plenty of natural light to flood in. Extending to over 23ft x 22ft the seating area also includes a set of sliding patio doors which open up onto an external balcony beyond. It goes without saying that the balcony offers superb views over the estuary and provides an ideal place to sit and have breakfast or alternatively watch the sun go down over a glass of wine. Also in the main living area are some useful built in storage cupboards and an allocated space for formal dining.

The kitchen features a range of matching eye level and base units with ample worktop space. Again this room boasts lovely views via the estuary facing window which is positioned directly above the breakfast bar.

There are three bedrooms, the master having a modern en suite shower room, there is another good side double and a large single/small double.
The main bathroom has a modern white three piece suite and built in storage cabinets.

Outside at the rear gated access leads to a secluded brick paved patio leading to a level lawn both of which benefit from stunning views.

The single garage is situated closeby, opposite Marine Court on the opposite side of Marine Parade.

NB: The property has a right of way to access the garage and parking via the council car park.

We understand that this development is not available for holiday letting.

TENURE - SHARE OF FREEHOLD WITH LEASE 999 YEARS - CURRENT SERVICE CHARGE ?240PCM
GROUND RENT - ?50PA

SERVICES - MAINS ELECTRIC, GAS AND WATER
COUNCIL TAX - F
EPC - C

Communal Entrance Hall

Internal Hallway

Open Plan Living/ Dining Room 23'1" x 22' (MAX) (7.04m x 6.7m (MAX)).

Balcony

Kitchen 15'4" x 10'2" (4.67m x 3.1m).

Bedroom One 17'7" x 10'11" (5.36m x 3.33m).

Ensuite

Bedroom Two 13'4" x 9'8" (4.06m x 2.95m).

Bedroom Three 13'4" x 6'9" (4.06m x 2.06m).

Bathroom

SERVICES    Mains Electric, Gas and Water

Rental Value    Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income approximately ?1450-?1500 subject to any necessary works and legal requirements This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal. Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. The Government intend to increase this to a band C from 31/12/2025. Please refer to your solicitors as the legal position may change at any time.

EPC - C

Council Tax - F



Instow is home to the North Devon Yacht Club and has excellent local facilities, including popular inns and restaurants, galleries and a thriving local shop with post office. The ancient port and market town of Bideford, straddling the banks of the Torridge, is about 3 miles away offering a good range of national shops and amenities and Barnstaple, the regional centre for North Devon,is about 6 miles away.
The Tarka trail is just moments away, ideal for cyclists and walkers and the popular 2 mile beach of Westward Ho! offers a great place for surfing and sunbathing with the Northam Burrows Nature reserve behind attracting many species of birds and an ideal place for dog walkers.

Nearby, access is gained to the North Devon Link Road which links with both Bideford and Barnstaple and from the latter continues eastwards to the M5 motorway at Tiverton (junction 27) about 34 miles away. There also is Tiverton Parkway main line railway station (London Paddington 2 hours approx). Exeter the County Town and Cathedral City with its international airport is about 50 miles away.

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.