2 bed semi-detached house for sale

King Row, Northam, 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 £43,250 based on an average saving of 33%.

Market Value Price: £64,375

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 £64,375, please contact the estate agent Webbers.
Property description

Bay View in Northam is in a great location with access to good local amenities, scenic and stunning beaches and a short walk from far reaching views across the North Devon coastline. There is easy access to the nearby towns of Westward Ho!, Barnstaple and Bideford, as well as the North Devon link road and the Atlantic Highway for the glorious beaches and pretty villages of North Devon and access to North Cornwall.

Shared Ownership with LiveWest - A fantastic opportunity!

Take the first step towards home ownership with shared ownership. With a smaller deposit (from as little as 5%) and mortgage. Buy a share of your new home (from 25%, 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.

Plot 374, to be known as 25 King Row, Northam, is a newly built 2 bedroom semi-detached family home with modern fixtures and fittings and excellent facilities including a good-sized rear garden and two off-road parking spaces.

Plot 374 (81m2) - 2 bedroom semi detached house with 2 parking spaces - 25% share: 64,375; Rent: 402.34; Service Charge: 17.08; Building insurance: 14.19; Sinking Fund: 0.60

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 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.