3 bed semi-detached house for sale

Clovelley Road, Bideford, Devon EX39

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 £70,250 based on an average saving of 33%.

Market Value Price: £105,000

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 £105,000, please contact the estate agent Webbers.
Property description

The Pastures is located on the edge of the historical Harbour town of Bideford. This bustling town which spans the River Torridge, is packed with a range of independent shops selling clothing, local homeware, food and produce as well as having larger supermarkets nearby and the twice weekly Pannier Market. Excellent road links are nearby with the beautiful estuary towns of Appledore and Instow a short car journey away. If outdoor pursuits interest you then there are walking and cycling trails alongside the River, not to mention a wealth of water based activities on the river or the stunning beaches of Westward Ho!, Saunton Sands, Croyde, Putsborough and Woolacombe.

Shared Ownership with LiveWest - A fantastic opportunity!

A great way to get on the property ladder with a smaller deposit (from as little as 5%) and mortgage. Buy a share of your new home (from 25% - 75%, depending on affordability) and pay reduced rent on the rest. You can increase your share over time (?staircasing?), reducing your rent until you own outright.

Homes Available:

Plot 154 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: 105,000; Rent: 406.25; Service Charge: 12.71; Building insurance: 14.82; Sinking Fund: 0.96

Plot 155 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: 106,750; Rent: 413.02; Service Charge: 12.71; Building insurance: 14.82; Sinking Fund: 0.96

Plot 164 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: 106,750; Rent: 413.02; Service Charge: 12.71; Building insurance: 14.82; Sinking Fund: 0.96

Plot 165 (96m2) - 3 bedroom semi detached house with 2 parking spaces - 35% share: 105,000; Rent: 406.25; Service Charge: 12.71; Building insurance: 14.82; Sinking Fund: 0.96

Eligibility:

Household income under ?80,000.

Unable to buy a suitable property on the open market.

Savings/funds for deposit, legal and moving costs.

Must not currently own another home (unless sold subject to contract).

Local Connection Requirement ? Priority Applicants:

To qualify, you must have a local connection to Torridge District. If no eligible applicants are found, we can then consider those with a connection to Devon. A local connection means:

Currently living in the District/County, or

In permanent work (16+ hours per week) in the District/County, or

Having close family (parents, adult children, siblings) who have lived in the District/County for at least 5 years.

How it works:

Apply for your chosen home.

Complete an affordability assessment via New Homes Mortgage Helpline.

LiveWest confirms eligibility and final approval.

Shared Ownership with LiveWest makes home ownership more affordable, with full support along the way.

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.