1 bedroom apartment for sale

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1 bedroom apartment for sale

Coronation Terrace, Ilfracombe, Devon, EX34
£77,000

Price History

Initial price £80,500
13/02/25 £77,000
Price Change -4.35%

Description

This 1-bedroom lower ground floor apartment in Ilfracombe offers a spacious lounge, kitchen, and bedroom with a private patio garden. The property benefits from its own entrance and a 999-year lease, with a monthly service charge of £100. The freehold is shared among the flat owners and the management company. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows over-60s to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The cost of the Lifetime Lease is £77,000, representing a saving of 33% on the market value of £115,000.