1 bedroom apartment for sale

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1 bedroom apartment for sale

Parade Terrace, Ilfracombe, Devon, EX34
£130,750

Our Summary

  • Whether you are looking for a coastal retreat, a holiday home, or an investment opportunity as a holiday let or long-term rental, this apartment offers incredible versatility

Description

This waterfront one-bedroom apartment is available for purchase through the Home for Life Plan from Homewise, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value. The property is situated in a desirable location with stunning sea views and comes with the added benefit of an allocated parking space. The apartment is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, and the price for the Lifetime Lease is £130,750, which is less than the full market value of £195,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future, and the price will vary according to the customer's age, personal circumstances, and requirements.
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