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Spurway Gardens, Combe Martin, Ilfracombe, 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 £125,000

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 £83,750 based on an average saving of 33%.

Market Value Price: £125,000

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 £125,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
41 Spurway Gardens is a purpose built ground floor flat with its own private front door, offering comfortable accommodation and a layout that has been altered to favour larger living space over bedroom number. Formerly a two double bedroom flat, it is now arranged as a one double bedroom home with a separate dining area opening from the lounge, creating a more open and adaptable arrangement that may suit a range of buyers.

The private entrance opens into the hallway, where the kitchen is positioned immediately to the right. It is fitted with a range of wall and base units and includes a built in electric hob and oven, together with space for a fridge freezer and under counter space for a washing machine. Back in the hall, there are two useful storage cupboards which add valuable practicality to the layout.

Also off the hallway is the shower room, fitted with a wash basin, WC and electric shower. At the end of the hall is the main bedroom, which is a generous double room and provides comfortable sleeping accommodation with space for further furniture.

Opposite the shower room is the main lounge, a good size reception room with sliding doors opening to the rear and an electric fire with white surround creating a focal point. An archway leads through to the dining space at the front of the property, which gives the flat added flexibility and could suit dining, hobbies or occasional work from home use. This area could also potentially be converted back into a second bedroom, subject to any necessary planning or other consents.

The property benefits from gas central heating, wood effect UPVC double glazing and all mains services connected. Outside, the communal grounds are an attractive feature of the development, with lawned gardens and colourful well stocked flower bed borders to the front of the block. To the left hand side there is a wider communal lawned area which is ideal for small children to use, while both sides of the block provide access around the building. On the right hand side there is a communal bin store and drying area, and to the rear there are allocated off road parking spaces for each flat together with two visitor spaces.

The flat also enjoys pleasing views over nearby houses towards the surrounding countryside. With no onward chain and scope to improve over time, it represents an appealing option for a first time buyer, someone seeking a manageable retirement home or a buyer looking for an investment in a popular coastal village.

AGENTS NOTE: The property is leasehold with the balance of an original 999 year lease. The freehold is vested within the Management Company which made up by the 6 owners. The service charge is currently running at ?20 per month and this includes the maintenance of the common and external areas and the buildings insurance. We understand from the vendor that assured short hold and holiday letting is allowed within the building and pets are also permitted.

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.
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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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Energy performance certificate - ask agent

Spurway Gardens, Combe Martin, Ilfracombe, Devon, EX34

Approximate location

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Affordability

Monthly repayments£420
Property: £ 83,750
Deposit: £ 8,375
Interest rate: 5.33%
Term: 30 years
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These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Renovation potential
Recently sold & under offer
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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_ILF260156. 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.