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Water Terrace, Combe Martin, Devon, EX34

Key features

  • 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
  • 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 £260,000

Description

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 £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
*NO ONWARD CHAIN* Set within a serene yet central location in the popular village of Combe Martin, this 3 bedroom character property benefits greatly from a two vehicle car port, modern kitchen and private rear garden with sunny aspect.

2 Water Terrace is a wonderfully characterful property set within the peaceful coastal village of Combe Martin. Currently used as a successful holiday, the property would make a great family residence or second home.

Entering via the rear of the property, a substantial car port easily capable of housing two vehicles leads down a path into the private rear garden. Here, the space is dominated by a level lawn surrounded by mature bushes and shrubs with a patio area enclosed by a timber pergola ensuring this is the perfect area to dine alfresco or to entertain friends or family.

Moving into the property, a modern tiled conservatory makes for a lovely reception room. With an electric heater installed, this room can be used all year round.

The living room is full of character, ranging from exposing of the stone construction, timber beams and a brick feature fireplace with a gas flame effect log burning stove.

The kitchen contains a range of base and wall units with space and plumbing for a washing machine, dishwasher and fridge/freezer. A gas 4 ring hob and electric oven has been installed alongside timer beams to create a wonderful country kitchen. A fully tiled downstairs bathroom with WC can also be found adjacent to an airing cupboard housing the gas combination boiler and space and plumbing for a washing machine. All white goods will remain in the property.

To the first floor, there are two double bedrooms room, both with built in storage with the third bedroom also benefitting from built in storage with views over the rear garden. A upstairs WC with decorative tiled wash hand basin serves the whole floor.

Agents Notes: The property is located within flood zone 3. There is a flood prevention scheme which has been provided to ensure that in the unlikely event of the stream breaking its banks the property remains safe from water ingress. Gross income and occupancy - 2023/2024 - ?29201 - 40wks | 2022/2023 - ?33421 - 46wks | 2021/2022 - ?26715 - 34wks



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.
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Ask agent
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
Yes
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Water Terrace, Combe Martin, Devon, EX34

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About Homewise, Covering North Devon, Somerset and Cornwall

48 High Street, Ilfracombe, EX34 9QB

Homewise is a family-run business and we have been helping people to find the right property for their needs for over 50 years. While our office is based in West Sussex, we help home-movers throughout England & Wales the country with our exclusive Home for Life Plan.

This plan incorporates the purchase of a Lifetime Lease which enables those aged 60 and over to secure their next property for less than the market value. By purchasing a Lifetime Lease, our customers benefit from paying a one-off amount to live in the property of their choice free from rent, mortgage, or interest repayments. This can be applied to any property that is on the market with any estate agent anywhere in England or Wales, subject to property criteria such as being of standard construction.

The amount paid is subject to age, personal circumstance, and property criteria, and typically ranges from 20%, 50% less than the market value.

Plus, there is always the option to secure a future inheritance for loved ones too. The Home For Life Plan allows customers to purchase a % share of the property value (UP TO 50%) to safeguard for the future.

For an indication of how you could benefit from a Home For Life Plan on your next home, try the calculator on our website and instantly see a new property price you could look up to and an estimate on how much you could save.

We pride ourselves on our first-class service and family values, and ensure every customer is treated just like that part of the family. Our aim is to help our customers find happiness, security, and financial peace of mind for their future. Discover how we could help you by visiting our website for further details or simply give us a call for a personalised quote.

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Disclaimer - Property reference 21698_ILF220321. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Homewise, Covering North Devon, Somerset and Cornwall. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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