1 bed flat for sale

North Walk, Barnstaple, Devon EX31

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 £167,500 based on an average saving of 33%.

Market Value Price: £249,950

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 £249,950, please contact the estate agent Webbers.
Property description

Coming soon - register your interest now!

Barum Lodge is a collection of 75 one and two-bedroom retirement apartments. Ideally located for the town centre, home to a wide variety of High Street stores, supermarkets and independent stores. These brand-new retirement homes are the perfect base for exploring the north Devon coast as well as the beautiful Exmoor National Park. This brand-new development benefits from a range of communal facilities including an Owners' Lounge with coffee bar and communal patio with views across the River Taw, Guest Suite and beautiful landscaped grounds.

Standard Features:

Apartments at Barum Lodge are self-contained with their own front door providing privacy when you want it, but with a communal Owners' Lounge where you can meet up with like-minded neighbours or join in with one of the regular social events.

All apartments are fitted with a 24-hour call centre support system, video door entry system and an intruder alarm as standard providing you and your family with peace of mind. A Lodge Manager is responsible for the effective and smooth running of the development.

There is a free car park and beautifully landscaped grounds which are maintained on your behalf. Some apartments at Barum Lodge also feature balconies providing the perfect outside living space.

Kitchens are tiled with colour-coordinated worktops and come fully fitted with a waist-height oven, hob and upright fridge/freezer as standard. Shower rooms feature low-level shower trays and easy turn taps. Two bedroom apartments feature a separate WC or an en-suite.

We appreciate everyone's household costs will differ, and just how daunting the idea of a service charge can be. We are here to help you every step of the way, please contact one of the team to discuss your current costs and help you discover just how much you could be saving. A full service charge budget analysis is available for each individual development.

Barum Lodge is managed by the award-winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and Owner.

The Local Area:

Barnstaple is an historic market town and the largest town in North Devon with a bustling High Street offering a wide range of shopping facilities and eateries. Located on the estuary of the River Taw, Barnstaple lies to the north of Dartmoor and to the west of Exmoor National Park.

The town has many attractive buildings that date back several centuries including St Anne?s Chapel, Barnstaple Castle and The Georgian Guildhall. Barnstaple enjoys a variety of leisure amenities including the North Devon Leisure Centre with a 25m swimming pool, 102 station gym, sports hall, 3 squash courts, spa and soft play, and the Queen?s Theatre where you can choose from a variety of entertainment. The town is well placed for trips to the coast with the popular sandy beaches of Woolacombe and Croyde being less than 10 miles away. There are a lot of great walks to explore from Barnstaple along the River Taw which link up with both the sw Coastal Path and the 180-mile Tarka Trail.

Barnstaple?s historic Pannier Market has a wide range of stalls with everything from fresh local produce, flowers, crafts, art and fashion as well as several cafes.

Agents note:
The property is leasehold with a new 999 year lease. There will be an annual service charge which covers the communal services, such as the Lodge Manager, external maintenance of the building and grounds, building insurance, security systems and call monitoring, heating, lighting and the communal lounge. The aim is to keep the cost for that as low as possible and a full budget analysis will be provided. Pets are allowed within the building with prior written consent from the Management Company, Churchill Estates Management. The occupancy criteria states that one of the owners has to be at least 60 years old and a live-in partner of that person has to be at least 55 years old. Apartments can be let out with the permission of the Management Company but the tenants must be at least 60 years old.

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.