Union Close, Bideford, Devon, EX39

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 £100,500 based on an average saving of 33%.

Market Value Price: £150,000


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 £150,000, please contact the estate agent Webbers.

PROPERTY DESCRIPTION
*ATTENTION ALL FIRST TIME BUYERS AND INVESTORS* This excellent two bedroom ground floor apartment in Union Close is ready to move in and is a perfect choice for first time buyers who want to get onto the housing ladder. With a potential 6% yield it would also make an ideal rental investment for Landlords. EPC - C

This delightful two bedroom modern apartment provides stylish accommodation throughout and is located in a prominent position within Bideford Town Centre.

Ideal for first time buyers who are wanting to get onto the property ladder the apartment would also make an excellent rental investment for Landlords due to its predicted 6-6.5% rental yield and relative low service charges at ?800PA and ?50PA ground rent.

The apartment has been decorated in neutral tones throughout with a tasteful modern finish with the standout feature being the main open plan living/ dining and kitchen area.

The accommodation is accessed via a communal door way from the front entrance into the apartment.

An internal hallway includes a coat cupboard and area for storage which in turn leads to all internal rooms. The generous open plan living space is located at the far end of the apartment and measures 22'8" in length featuring four large windows providing natural light into the room. The living area continues into the stylish kitchen area with modern range of wall and floor units, granite effect work surface, integrated electric cooker, hob and extractor above, stainless steel sink with single drainer, integral washing machine, dishwasher and fridge freezer. In addition to the kitchen there is still plenty of space for a dining table and chairs. The bedrooms in number 79 are both decent doubles with the main bedroom also enjoying wall to ceiling mirrored sliding wardrobes. Finally a generous bathroom with shower over bath, wash hand basin and W/C complete the space.

Outside the main entrance is a bike shed for each apartment along with an allocated parking space.

TENURE Leasehold - 999 years from 2015
Service Charge - ?800PA (Including Building Insurance)
Ground Rent - ?50PA

COMMUNAL ENTRANCE

Internal Entrance Hall

Open Plan Living/ Dining and Kitchen Area 22'8" x 12'1" (6.9m x 3.68m).

Bedroom One 10'1" (3.07m) x 9'5" (2.87m) (not into wardrobe).

Bedroom Two 9'5" x 8'10" (2.87m x 2.7m).

Bathroom

OUTSIDE

Allocated Parking Space

SERVICES    Mains electric, gaa and water

TENURE    Leasehold - 999 years from 2015
Service Charge - ?800PA Including Building Insurance
Ground Rent - ?50PA

COUNCIL TAX    Band B

EPC    C

Estimated Rental Income    Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of ?725 - ?750 subject to any necessary works and legal requirements (correct at TBC). This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal. Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. The Government intend to increase this to a band C from 2028. Please refer to your solicitors as the legal position may change at any time.



The ancient port and market town of Bideford has lots to offer visitors and inhabitants alike.
Bideford is a thriving market town and working port with the Pannier Market dating back to 1883, which holds a market every Tuesday and Saturday, selling local produce and arts and crafts. Alongside the history you will find modern shopping facilities, a wide range of bars, restaurants, schools and visitor attractions for all ages.

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.