Fern Way, 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 OVERS 60s: The Lifetime Lease price for this property is £150,750 based on an average saving of 33%.

Market Value Price: £225,000

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 £225,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
***FOR SALE BY ONLINE AUCTION - AUCTION ENDS THURSDAY 9th OCTOBER at 12 noon.***

Set in a sought-after and well-regarded residential area, this spacious detached bungalow offers a rare opportunity to create a superb home with wonderful sea views across the Bristol Channel. While the property requires full modernisation throughout, it presents exciting potential for those wishing to put their own stamp on a forever home.

The bungalow provides well-proportioned accommodation, including four generous bedrooms, one which has been created from a garage conversion and benefits from an adjacent shower room with WC and basin. The main bathroom is fitted with a traditional three-piece suite.

A bright, L-shaped lounge forms the heart of the home, featuring UPVC French doors that open onto the front garden and take full advantage of the stunning sea views. A fitted kitchen, while in need of updating, completes the internal layout.

The property is set back behind a mature front garden, which provides privacy and greenery, and enjoys elevated views over the Channel. To the rear, a tiered garden offers further outside space with scope for landscaping or redesign.

Although requiring complete refurbishment, 64 Fern Way represents a fantastic chance for buyers to create a bespoke family home in a desirable coastal location. The property would suit a wide range of purchasers, from first-time buyers looking for a long-term project to families seeking a main residence with excellent future potential.

Traditional Online Auction Information

Please note: this property is for sale by traditional online auction. This means that exchange will occur when the online timer reaches zero (provided the seller's reserve price has been met or exceeded). The winning buyer will be legally obliged to purchase the property at this price.

Pricing Information

The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount. Webbers and Bamboo Auctions shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail. Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.

Buyer?s Premium & Other Charges

The winning buyer is charged a sum of ?5,000. From this a buyers fee of ?3,960 (including VAT) is retained by Webbers/Bamboo Auctions as a contribution towards online platform costs and ?1,040 is payable towards the purchase price. On completion the Buyer will pay the sum of ?265.72 (including vat) to the Seller?s solicitors in reimbursement of search fees.

SELLER?S SOLICITOR

Nicola Emo - 29 Bridgeland St, Bideford EX39 2PT

nicola.



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.