Capstone Crescent, Ilfracombe, Devon, EX34

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 £201,000 based on an average saving of 33%.

Market Value Price: £300,000


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 £300,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
This superb and spacious waterside apartment has a real wow factor and offers stunning uninterupted views across the immediately adjacent Bristol Channel and the rugged coastline. The generous accommodation comprises 2 large bedrooms, a fabulous lounge with the most impressive sea facing bay window, and a spacious kitchen/diner. The property is currently used as a successful holiday let and produces an excellent annual income. Alternatively, the apartment would provide a low maintenance permanent home.

This fabulous waterside duplex apartment has generous sized, bright and airy two storey accommodation, well-presented throughout, and sits in an enviable location in the heart of Ilfracombe sea front, immediately adjacent to the sea. In fact, you cannot get any closer to the sea than where this apartment is situated; the outstanding views stretch across the Bristol Channel and along the immediate rugged coastline and across to the Welsh seaboard in the distance on the other side of the Channel. This delightful maisonette has easy ground floor access and has a real wow factor when entering the spacious lounge which has a large and full height sea facing bay window which really highlights the outstanding views across the channel. The living accommodation is at ground level and comprises the lounge and a modern fitted kitchen/diner. Stairs lead down to the garden level where there are two good-sized bedrooms, currently set up as a double room and a twin room. There is also a family bathroom. The building benefits from its own communal waterside patio garden and this apartment has direct access to that patio via sliding doors from the main bedroom; again, this is another great asset. The patio is a great space for an al-fresco meal, morning coffee or evening drinks and there is plenty of space for outdoor furniture and sun loungers. It is also a very prominent vantage point to enjoy some of the spectacular sunsets throughout the year. This area of the property, although communal, is rarely used by the other residents in the building except for those who have the direct access from their respective apartments; this apartment has the direct access as does apartment 1.

Within the sea front area there are various public car parks that offer permits for parking, the nearest being the Cheyne Beach car park. We understand that some residents of the building do rent parking spaces from a neighbouring property within the road albeit availability of those spaces cannot be guaranteed.

The property enjoys arguably one of finest locations within Ilfracombe and is located just a few minutes mainly level stroll from the picturesque harbour which is the home of Damien Hirst's 'Verity' statue which has been responsible for attracting many visitors to the town over recent years. The bustling seafront has many good quality restaurants and bars along with small independent shops, a Theatre, Art Galleries and various beaches. The apartment is considered ideal as a low maintenance permanent home or alternatively would make a high quality second home/holiday let. The current owners have run the property as a very successful holiday let in recent years and there is potential to derive an annual income in the region of ?25,000 or so.

We fully advise a full and early inspection of this delightful home to fully appreciate the outstanding waterside location and the superb coastal views.

AGENTS NOTE:
The property is leasehold with the balance of an original 999 year lease which commenced on the 25th March 1992. The Freehold is vested in the Management Company which is made up of the 13 apartment owners. The service charge for this apartment is currently ?308 per month and that includes contributions to the maintenance and upkeep of the communal and external areas of the building and the building insurance premium. There is a significant sinking fund that has built up over the years providing a great nest egg for future works as and when required on the building. The management company do allow well-behaved pets within the building and we understand that they also allow holiday and assured shorthold letting.

Ground Level

Communal Entrance Hall

Private Entrance Hall

Lounge 18'7" x 18'5" (5.66m x 5.61m). Measured into the bay window

Kitchen/Dining Room 17'9" x 10'8" (5.4m x 3.25m). Measured into the bay window

Lower Ground Level

Hallway 12'7" x 4'1" (3.84m x 1.24m). 12'7" x 4'1"

Bedroom 1 15' x 10'11" (4.57m x 3.33m).

Bedroom 2 10'9" x 9'7" (3.28m x 2.92m).

Bathroom 6'6" x 5'8" (1.98m x 1.73m).





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.