3 bed terraced house for sale

Water Terrace, Combe Martin, Devon EX34

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 £274,000, please contact Webbers.
Property description

*gross annual yield minimum of 10%* Set within a serene yet central location in the popular village of Combe Martin, this 3 bedroom character property benefits greatly from a two vehicle car port, modern kitchen and private rear garden with sunny aspect.

2 Water Terrace is a wonderfully characterful property set within the peaceful coastal village of Combe Martin. Currently used as a successful holiday, the property would make a great family residence or second home.

Entering via the rear of the property, a substantial car port easily capable of housing two vehicles leads down a path into the private rear garden. Here, the space is dominated by a level lawn surrounded by mature bushes and shrubs with a patio area enclosed by a timber pergola ensuring this is the perfect area to dine alfresco or to entertain friends or family.

Moving into the property, a modern tiled conservatory makes for a lovely reception room. With an electric heater installed, this room can be used all year round.

The living room is full of character, ranging from exposing of the stone construction, timber beams and a brick feature fireplace with a gas flame effect log burning stove.

The kitchen contains a range of base and wall units with space and plumbing for a washing machine, dishwasher and fridge/freezer. A gas 4 ring hob and electric oven has been installed alongside timer beams to create a wonderful country kitchen. A fully tiled downstairs bathroom with WC can also be found adjacent to an airing cupboard housing the gas combination boiler and space and plumbing for a washing machine. All white goods will remain in the property.

To the first floor, there are two double bedrooms room, both with built in storage with the third bedroom also benefitting from built in storage with views over the rear garden. A upstairs WC with decorative tiled wash hand basin serves the whole floor.

Agents Notes: The property is located within flood zone 3. There is a flood prevention scheme which has been provided to ensure that in the unlikely event of the stream breaking its banks the property remains safe from water ingress. Gross income and occupancy - 2023/2024 - ?29201 - 40wks | 2022/2023 - ?33421 - 46wks | 2021/2022 - ?26715 - 34wks

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.