1 bedroom apartment for sale

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1 bedroom apartment for sale

Marine Place, Ilfracombe, Devon, EX34
£59,750

Our Summary

  • There is no regular service charge payment or ground rent but each flat contributes 1/5 share of any maintenance/improvements works required

Description

A spacious one-bedroom flat is available for purchase through the Home for Life Plan, which allows those aged 60 or over to secure a lifetime lease and a share of the property value. The property is located in a convenient location, close to the high street, theatre, and seafront, and features a light and airy open-plan kitchen/living room/diner with sea views, a double bedroom with en-suite bathroom, and a well-maintained communal lawned garden. The property is leasehold with a balance of an original 999-year lease, and there is no regular service charge payment or ground rent. The price to purchase the lifetime lease is £59,750, which is less than the full market value of £89,000, and customers can purchase up to 50% of the property value to safeguard for the future.
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