£167,500

2 bed flat for sale

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Retirement
Leasehold

Guide price

£167,500

2 bed flat for sale

Compass Apartments, Capstone Crescent, Ilfracombe, Devon EX34

2 beds

Key Information

Tenure:
Leasehold (Ask agent)
Service charge:
Council tax band:
Ground rent:
Ground rent date of next review:

Local area information

Property location

Nearby amenities

  • Ilfracombe Ferry Landing 0.2 miles
  • Ilfracombe Church of England Junior School 0.4 miles
  • The Ilfracombe Church of England Academy 0.5 miles
  • Barnstaple 9.8 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Leasehold
  • Over 60s only under Homewise's lifetime lease plan
  • Saving ranges from 8.5% to 59%
  • The actual price you will pay depends on your age, personal circumstances and property criteria
  • Call for a personalised quote or use the calculator on the Homewise website for an indicative saving
Buying this property with a Home for Life Plan discount.

This property is offered at a reduced price for people aged over 60 through Homewise's Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property’s full market value. The above price is for guidance only. It’s based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.

For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £250,000, please contact Webbers.
Property description

Situated in arguably one of Ilfracombe?s finest locations and set on the cliffs edge is this superb two bedroom apartment with its own private sea facing balcony with panoramic views. The property is located within just a couple of hundred yards of Ilfracombe's picturesque harbour and Damien Hirst's 'Verity' statue. A viewing is highly recommended to fully appreciate the stunning coastal views from this property.

The chance to acquire a light and airy second floor apartment in a large and attractive stone fronted Victorian building, situated literally on the water?s edge within walking distance of the town?s amenities.

The property enjoys arguably one of the finest locations within Ilfracombe with outstanding and uninterrupted views to a wide vista across the Bristol Channel towards Lantern Hill and the harbour, Hillsborough and the coastguard cottages. On a clear day, the far reaching views stretch across to the distant Welsh coastline and there are many passing ships and yachts through the Channel. Located just a few minutes, mainly level stroll is the picturesque harbour which is the home of Damian Hirst's 'Verity' statue which has been responsible for attracting many visitors to the town over the past few years. The bustling seafront has many good quality restaurants including the recently awarded Michelin starred 'Olive Room'. There are a number of bars/public houses along with small independent shops, all of which are within easy reach of the apartment. The landmark Theatre is close by as are beaches at Cheyne, Wildersmouth and the famous hand carved Tunnels Beaches with sea water pool. Damian Hirst's influence on the town continues to grow and there are now many art galleries within the immediate area.

The property comprises of an entrance hall with doors leading off to the principle rooms. The living room is located to the rear of the property and is the perfect space to entertain guests. The living room possesses ample space for sizeable furniture and fantastic sea views across the Bristol Channel can be enjoyed by all. There is a doorway leading our on to a balcony which has space for an outside table and chairs. The apartment has two good size double bedrooms, bedroom one is the larger of the two but the second bedroom is complimented with sea views and an en-suite. The kitchen is fully equipped with a range of base and eye level units and matching drawers, stainless steel sink unit inset in to attractive work top surfaces, four ring gas hob with electric oven under, space and plumbing for a washing machine and an integrated fridge freezer with a gas combination boiler within a cupboard. The family showerroom comprises of a walk in shower cubicle with extensive wall tiling, w.c, wash hand basin and a heated towel rail for convenience.

The apartment is considered ideal as either a permanent home or alternatively would make a high quality second home/holiday let. The location is ideal for attracting holiday makers to the property which would have great income earning potential.

Limited parking is available within Capstone Crescent which is restricted at certain times of the year. There are many nearby car parks and it is possible to purchase an annual permit from the local authority if required. This apartment represents a great opportunity to purchase a truly waterside property with outstanding views and close proximity to the seafront amenities. We fully advise an early internal inspection to avoid disappointment.

Agents notes: The property is leasehold with the balance of an original 999 year lease. The apartment has 1/5 share of the freehold. There is a regular service charge payment of ?50 per month made by each flat which contributes towards a share of any maintenance/improvements works required. We understand that holiday and assured shorthold letting is permitted and pets are allowed in the building. The building insurance is ?600 a year and is divided equally between the flat owners.

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.

Floor plans and tours

Floor plans (1)

Floor plan 1

Tours (2)

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Step inside the property with a virtual tour or video walkthrough.

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Property descriptions and related information displayed on this page are marketing materials provided by - Homewise Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Homewise Ltd for full details and further information.

  1. Zoopla
  2. For sale
  3. Devon
  4. North Devon
  5. Ilfracombe
  6. Capstone Crescent

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