2-bedroom flat · TA24 5HP
For saleReduced £6.8k (−7.5%) on 24 SepListed 226 days
Opportunity summary
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About
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 Over-60s The Lifetime Lease price for this property is £90,500 based on an average saving of 33%.
Market Value Price: £135,000 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 £135,000, please contact the estate agent Webbers.
Property description The property is approached via a communal ground floor entrance with staircase rising to the second floor.
Once inside, the apartment offers light-filled, gas centrally heated and double glazed accommodation that feels both welcoming and well proportioned.
A private entrance hall provides an immediate sense of space and includes a useful built-in cloaks cupboard, separate broom cupboard, and access to the loft.
The lounge/dining room is a particularly appealing feature of the home, enjoying far-reaching views towards the coast and North Hill through large windows that flood the room with natural light.
There is ample space for both comfortable seating and a dining table, making it an ideal setting for relaxing or entertaining while appreciating the ever-changing outlook.
The modern kitchen is thoughtfully fitted with a range of cream base and wall mounted units complemented by roll-edge working surfaces.
A stainless steel single drainer sink with mixer tap sits beneath the window, again enjoying similar coastal views.
Integrated appliances include a gas hob with extractor hood over and an eye-level double oven, while plumbing for a washing machine is also provided, ensuring the space is both practical and stylish.
There are two generous double bedrooms, each enjoying pleasant views towards the surrounding hills.
The principal bedroom is particularly well appointed, featuring fitted wardrobes arranged around space for a double bed, together with the added benefit of a walk-in wardrobe, providing excellent storage.
Completing the accommodation is a modern fitted shower room, stylishly appointed with a corner shower enclosure, low level WC, and vanity wash hand basin, creating a contemporary and functional space.
Tenure Leasehold remainder of a 999 year lease from 30th September 1984. Service Charge At present ?120 per month.
Ground Rent ?10 per annum Agents Note The lease prevents you from subletting/buy to let.
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.
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About 29 Bernard Crescent, Minehead Somerset, Somerset
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