4 bed terraced house for sale

The Quay, Ilfracombe, 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 £217,750 based on an average saving of 33%.

Market Value Price: £325,000

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 £325,000, please contact the estate agent Webbers.
Property description

This substantial four-storey terraced building is situated in a prime position within a vibrant parade of shops, restaurants, and bars, leading directly towards Ilfracombe?s pier and picturesque harbour. The property benefits from stunning views over the inner harbour towards Hillsborough and, from the rear, breathtaking coastal vistas stretching across the Bristol Channel towards Wales.

Externally, the building has been well-maintained and improved, ensuring a solid foundation for further development. Internally, however, the property is currently a shell, with bare stone walls and some existing studwork frames. This presents an exciting renovation project, offering a blank canvas for a new owner to reimagine the layout and accommodation to suit their needs, subject to the necessary consents. All mains services are available to the property, adding to its development potential.

To the rear, there is a spacious courtyard garden, complemented by a single-storey stone-built store and an additional two-storey stone-built store at the far end, providing excellent storage or further potential for redevelopment.

Historically, the property has been used as a ground-floor commercial unit (A1 - retail) with residential accommodation above, and it is likely that an element of commercial use remains. However, prospective buyers are strongly advised to consult North Devon District Council Planning Department and Building Control to explore options for redevelopment or change of use prior to any legal commitment.

An Exceptional Location
The property is set in one of Ilfracombe?s most sought-after locations, directly adjacent to the harbour and surrounded by an array of popular restaurants, caf?s, wine bars, art galleries, and independent shops. Local attractions include Damien Hirst?s iconic ?Verity? Statue on Ilfracombe pier, which has become a major draw for visitors in recent years, along with various beaches, including the famous hand-carved Tunnels Beach with its unique sea water bathing pool. The area has a lively atmosphere, particularly during the summer months, with a steady influx of tourists.

The high street, with its selection of independent stores and essential amenities, is just a short distance away, along with major supermarkets including Tesco, Lidl, and Co-op. Ilfracombe also offers schools for all ages, making it a well-connected and desirable place to live.

Ilfracombe?s historic harbour remains one of the town?s key attractions, steeped in history as a former Victorian fishing port and trading hub. Today, it continues to thrive as a bustling coastal destination, blending heritage with modern tourism.

The Best of North Devon on Your Doorstep
North Devon is renowned for its spectacular coastline, golden beaches, and scenic countryside. Just a short drive away, you?ll find the famous surfing beaches of Woolacombe, Croyde, and Saunton, as well as the Exmoor National Park, offering miles of breathtaking landscapes and walking trails.

For those needing access to larger towns and transport links, Barnstaple, North Devon?s main commercial hub, is approximately 12 miles away. Here, you?ll find a range of national retailers, leisure facilities, and transport connections, including a rail link to Exeter, which connects directly to London and beyond. The A361 North Devon Link Road provides easy access to the M5 motorway at Junction 27, making travel further afield straightforward.

A Rare Investment Opportunity
Don't miss out on this exceptional and rare opportunity to purchase a development project in a prime waterfront location. Whether restoring it as a mixed-use commercial and residential space or exploring alternative uses, the property?s potential is vast. Due to its current condition, the property is highly likely to be un-mortgageable and is therefore available to cash buyers only.

Early internal inspection is strongly advised to fully appreciate the scale and opportunity this property presents.

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.