2 bedroom apartment for sale

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2 bedroom apartment for sale

Acland Court, Braunton, Devon, EX33
£164,250

Our Summary

  • EPC: CFor sale in Braunton is this appealing 2 bedroom first floor apartment set in a purpose built block of 4 with the ability for the new owner to add their own stamp

Description

This property, a 2-bedroom first-floor apartment in Braunton, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to purchase a share of the property value (up to 50%) to safeguard for the future, with the option to save between 20% to 50% of the market value. The cost of the Lifetime Lease for this property is £164,250, which is based on an average saving of 33%. The property itself features a living/dining room with balcony, kitchen, 2 double bedrooms, bathroom, and a separate stone studio and garage with parking. The apartment is located in a purpose-built block of four, with communal gardens and a stream running through, making it an idyllic setting. The property is being sold with no chain, and the new owner will become a director of the management company, responsible for paying an annual maintenance fee of £600, which is divided equally among the four apartments.