3-bedroom bungalow · TA24 6DY
Listing removedReduced £10k (−4.5%) on 20 JunListed 275 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 £224,500 based on an average saving of 33%.
Market Value Price: £335,000 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 £335,000, please contact the estate agent Webbers.
Property description The property is located in a convenient position within a quarter of a mile of the shops and amenities, within a mile of the sea and close to wonderful walks in Alcombe combe.
Traditionally built in the 1950s and offering well maintained light and airy accommodation equipped with gas fired central heating, double glazing and in brief comprising; double glazed entrance conservatory with further double glazed door to a reception hall with study area, sitting room with views towards The Bristol Channel, open tiled fireplace and double glazed doors to both outside and the conservatory.
The kitchen again enjoys coastal views and is fitted with a modern range of base and wall units with integrated eye level oven and hob, plumbing for washing machine and double glazed door to outside.
There is a double aspect separate dining room/third bedroom again with similar views and sliding double glazed doors to garden, two further double bedrooms one with built in wardrobe and to complete the accommodation there is a part tiled shower room fitted with a three piece white and chrome suite.
The property stands in well maintained surrounding gardens laid predominantly to lawns with flower and shrub beds and borders with pathways around the bungalow.
There is a detached single garage with additional parking on a gated drive. Services and Utilities Mains water, drainage, electricity and gas.
We encourage you to check before viewing a property the potential broadband speeds and mobile signal coverage.
You can do so by visiting 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.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 40 Staunton Road, Alcombe Minehead Somerset, Minehead
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