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See how verdicts work3-bedroom terraced house · EX34 8DQ
For saleListed 560 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
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 £144,000 based on an average saving of 33%.
Market Value Price: £215,000 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 £215,000, please contact the estate agent Webbers.
Property description Richmond Avenue is a popular cul-de-sac within just a few hundred yards from Ilfracombe town centre and benefitting from ample on street parking.
The property has been well maintained over recent years and includes double glazing and gas central heating, and would be an ideal first time purchase or buy to let investment.
The accommodation briefly comprises an entrance hall with further door leading into the hallway with an original tiled floor and stairs leading up to the first floor.
A door way leads in to the dining room, which in turn leads in to a light and airy living room.
The kitchen/diner is located at the rear of the property, and comes fully equipped with a comprehensive range of units, and built in appliances.
Moving up through the property on to the first floor, there are three bedrooms and a family bathroom.
Bedroom 1 and 2 are good size double room and Bedroom 3 is an adequate single room, which could also be utilized as an office. The bathroom is a large, light and airy room.
Outside to the rear of the property, there is a raised paved patio which is fully enclosed and low maintenance, with ample room for table, chairs and bar-be-cue for al fresco dining.
Outside to the front of the property there is ample on street parking with steps leading up from the road to the front door.
Webbers the sole selling agents strongly advised an early internal viewing to fully appreciate the size and accommodation on offer.
Agents note: The property has solar panels and they help reduce the running costs.
Ilfracombe town centre has a variety of small independent shops as well as larger supermarkets, schools for all ages, a health centre, cottage hospital, theatre, post office and a bank.
The picturesque sea front and harbour has further shops, bars and some fantastic restaurants.
Wildersmouth Beach and the famous Victorian hand carved Tunnels beach are along the esplanade which leads down to the picturesque harbour and the renowned artist Damien Hirst's influence can be felt by the addition of many art galleries which have appeared over recent years together with his majestic 60ft tall Verity statue at the harbour mouth.
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
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
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See projected short-stay revenue vs a vanilla BTL for this property.
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FAQ
About 5 Richmond Avenue, Ilfracombe Devon, Devon
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