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1 bedroom apartment for sale
Manorglade Court, Higher Warberry Road, Torquay, Devon
£57,000
Manorglade Court, Higher Warberry Road, Torquay, Devon
£57,000
Our Summary
- Flood Risk: Surface water - Medium, Rivers and sea - Very LowParking: One allocated parking spaceRights and Restrictions:- Pets by permission of management company- Can only be used as a private dwelling house- No new building or addition without existing planning permission- No opening lights or windows shall be installed within 15 feet of neighbouring properties- No wall or fence against a road can exceed 4 foot 6- No trees or shrubs allowed to grow to obstruct views of neighbours- can't be used for trade or business, a school, hospital or public worship house- no stone quarried on the premises- All boundary walls and fences must be repaired and maintainedThe information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations
Description
This property is a one-bedroom flat in Torquay, available for purchase through the Home for Life Plan from Homewise. The plan allows those aged 60 or over to purchase a Lifetime Lease and a share of the property value, with a cost that is always less than the full market value. The market value of the property is £85,000, but the Lifetime Lease price for those aged 60 or over is £57,000, representing a saving of 33%. The property itself is a spacious and bright open-plan lounge/kitchen with a well-appointed bedroom and bathroom, and benefits from an allocated parking space. The property is leasehold with 125 years remaining on the lease, and comes with a range of restrictions and requirements, including permission needed for pets and no use for trade or business.