3-bedroom terraced house · EX34 9AZ
For saleListed 22 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 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 Nottage Cottage is a tucked-away and surprisingly spacious home, conveniently positioned within easy reach of Ilfracombe?s renowned Tunnels Beaches, picturesque harbour and the many shops, caf?s and restaurants the town has to offer.
Offering approximately 1,100 sq ft of accommodation, the property was converted from a former warehouse and is now presented in a modern, neutral style throughout.
The property offers a versatile layout that could appeal to a wide range of buyers, whether as a permanent home, coastal retreat or investment opportunity.
It is offered for sale with the freehold interest and no onward chain.
A partially glazed entrance door opens into the entrance hall, where tiled flooring continues through and stairs rise to the first floor.
From here, a door leads into the impressive open-plan ground-floor accommodation.
The main living area is particularly generous, extending to approximately 29ft in length and providing an excellent space for relaxing and entertaining.
A floor-to-ceiling double-glazed window to the front allows plenty of natural light into the room, while tiled flooring, inset lighting and a feature cast-iron pillar add character to the space.
To the rear is a useful walk-in storage cupboard housing the Baxi combination boiler, with ample room for storing items such as bicycles, surfboards and other equipment.
The living space flows through into the substantial kitchen and dining area, which extends to approximately 28ft in length and comfortably accommodates a large dining table and chairs.
The kitchen is fitted with a range of base and eye-level units with complementary work surfaces and tiled splashbacks.
Integrated and included appliances comprise a Hotpoint double oven, four-ring electric hob with stainless steel extractor above, upright fridge/freezer, dishwasher and washing machine.
A central island provides additional preparation and storage space, incorporating two wine racks, further cupboards and seating space for two stools, making it ideal as a breakfast bar or informal dining area.
Steps rise from the kitchen to a double-glazed door opening onto the private courtyard.
This provides a pleasant and low-maintenance outside space with room for a table, chairs and barbecue, making it well suited to outdoor dining and entertaining.
On the first floor, the landing provides access to all three bedrooms as well as the loft space. A Velux-style roof window allows additional natural light into the landing.
Completing the accommodation is the family bathroom, fitted with a modern white suite comprising a panel-enclosed bath with wall-mounted shower and oversized shower head, shower screen, pedestal wash hand basin and low-level WC.
Further features include a heated towel rail, extractor fan, tiled flooring and walls, together with a sun pipe providing additional natural light.
Overall, Nottage Cottage offers spacious and adaptable accommodation in a highly convenient yet tucked-away position, combining modern presentation with generous proportions and useful outside space.
With no onward chain, it represents an appealing opportunity for buyers looking for a distinctive home close to Ilfracombe?s harbour and coastline.
AGENTS NOTE: Nottage Cottage is offered for sale as a freehold property, which includes the freehold interest in Fingles Cottage. Fingles Cottage is to be held on a new 999-year lease.
We understand that the leaseholder of Fingles Cottage will be responsible for an annual ground rent of ?100, together with 25% of any maintenance costs relating to the property, payable only as and when such works are required.
It is advised that any interested party instructs their solicitor to review the terms of the lease, either prior to making a commitment to purchase or as part of the conveyancing process.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
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.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Marine Place, Ilfracombe, Devon, EX34
Explore nearby