£83,750 /Sale price

OVER 60s can secure this property with a HOME FOR LIFE from HOMEWISEThrough 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 £83,750 based on an average saving of 33%.Market Value Price: £125,000The 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 £125,000, please contact the estate agent Webbers.PROPERTY DESCRIPTIONOffered with full vacant possession, this mixed-use property presents a unique and exciting development opportunity in its current form. The existing building comprises a ground floor retail unit with a mezzanine level and storeroom, along with a spacious three-bedroom maisonette arranged over the upper floors. Both the commercial and residential elements have previously been let separately, but are now vacant and require comprehensive refurbishment.The property is currently in a poor state of repair; however, planning permission has been granted under application number 79555 for a thoughtfully designed redevelopment scheme. The approved plans allow for a ground floor lock-up shop, first-floor one-bedroom flat offering 58.2 sqm of accommodation and a two/three-bedroom maisonette across the second and third floors, totalling 80.5 sqmThis is a fantastic opportunity for investors, developers, or owner-occupiers to add significant value through refurbishment and conversion, with planning already in place. Early viewing is highly recommended to appreciate the full potential of this project.EPC ? Shop: C ? Top Flat: ECouncil Tax: A (Rateable value ?8,500) Likely to change if planning permission work is carried out. Services: All mains services connected AGENTS NOTEWe are required by the Estate Agency Act 1979 to declare any personal interest our Agency has in this property. In this case, the property is owned and is being sold by the Mother of a member of the Ilfracombe Office staff.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.