3 bed terraced house for sale

Water Terrace, Combe Martin, Devon EX34

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 £184,250 based on an average saving of 33%.

Market Value Price: £275,000

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 £275,000, please contact the estate agent Webbers.
Property description

2 Water Terrace is a wonderfully characterful property set within the peaceful coastal village of Combe Martin. Currently used as a successful holiday, the property would make a great family residence or second home.

Entering via the rear of the property, a substantial car port easily capable of housing two vehicles leads down a path into the private rear garden. Here, the space is dominated by a level lawn surrounded by mature bushes and shrubs with a patio area enclosed by a timber pergola ensuring this is the perfect area to dine alfresco or to entertain friends or family.

Moving into the property, a modern tiled conservatory makes for a lovely reception room. With an electric heater installed, this room can be used all year round.

The living room is full of character, ranging from exposing of the stone construction, timber beams and a brick feature fireplace with a gas flame effect log burning stove.

The kitchen contains a range of base and wall units with space and plumbing for a washing machine, dishwasher and fridge/freezer. A gas 4 ring hob and electric oven has been installed alongside timer beams to create a wonderful country kitchen. A fully tiled downstairs bathroom with WC can also be found adjacent to an airing cupboard housing the gas combination boiler and space and plumbing for a washing machine. All white goods will remain in the property.

To the first floor, there are two double bedrooms room, both with built in storage with the third bedroom also benefitting from built in storage with views over the rear garden. A upstairs WC with decorative tiled wash hand basin serves the whole floor.

Agents Notes: The property is located within flood zone 3. There is a flood prevention scheme which has been provided to ensure that in the unlikely event of the stream breaking its banks the property remains safe from water ingress. Gross income and occupancy - 2023/2024 - ?29201 - 40wks | 2022/2023 - ?33421 - 46wks | 2021/2022 - ?26715 - 34wks

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.