"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 £110,000 based on an average saving of 33%.
Market Value Price £164,000
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 £164,000, please contact the estate agent Webbers.
PROPERTY DESCRIPTION
A unique, charming and quirky characterful cottage situated in the oldest part of the town, with views over the roof tops from the upper floor out towards the picturesque harbour, Hillsborough, Capstone and the Bristol Channel This versatile 2 bedroom home is perfect as a first time purchase, as a bolt hole, holiday home, holiday let or buy to let investment and it offers great value for money for a freehold property. Very conveniently located just a short leisurely stroll from the bustling harbour and sea front and metres from the high street, all of the local amenities are within easy reach. There is no onward chain.
Tucked away on one of the most sought after streets in the oldest part of town, this characterful and charming terraced cottage offers a delightful blend of traditional features and modern convenience. Full of personality, this cute and quirky home is ideally located just a few hundred metres from the town s high street and only a short, leisurely stroll from the picturesque and vibrant seafront and harbour. With its inviting mix of independent shops, cosy cafes, lively bars, and beautiful beaches, the area captures the very best of coastal living.
This freehold property is a perfect character bolt hole and offers exceptional versatility ? whether you re searching for a holiday retreat, a holiday let investment, or an ideal first time purchase. Arranged over three floors, the home offers flexible layout options as either a one or two bedroom residence, with the added appeal of no onward chain. From the top floor, there are captivating rooftop views stretching towards Capstone, the harbour, and Hillsborough, creating an ever changing backdrop throughout the seasons.
The ground floor is both welcoming and practical, featuring an open plan living room and kitchen area. An ornate feature fireplace provides a charming focal point, while the beamed ceiling adds a warm, period touch. The kitchen is neatly fitted with an integrated hob, and clever use of space ensures functionality, including a washing machine plumbed in under the stairs. An open tread staircase leads to the upper floors, further enhancing the cottage s sense of character.
On the first floor, you ll find a delightful double bedroom complete with exposed beams and two built in cupboards. This room also benefits from an en suite WC and could equally serve as a cosy lounge should you prefer a reversed layout. The top floor is home to an L shaped bedroom bathed in natural light from two Velux style windows. These open to reveal charming rooftop views and glimpses of the sea, stretching out towards the harbour and the rolling greenery of Hillsborough. The en suite shower room completes the accommodation.
With its historic charm, enviable location, and excellent value for money ? particularly when compared to similarly priced flats ? this freehold cottage is a rare find. A unique find in the heart of the town.
AGENTS NOTES
The property has previously been let at ?850 pcm which equates to ?10,200 per annum. Based on the asking price, that gives a 6.2% gross yield.
The property would also make a good holiday home or holiday let and we hope to have some holiday let projections shortly.
Finally, the cottage would be a good first time purchase and we would be more than happy to put you in contact with our Financial Service partners for any help and advice on any mortgage funding that may be required.
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."