Flat for sale in New Road, Bideford, Devon EX39

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 £525,000, please contact Webbers.

Property description

This superb, penthouse suite in Longbridge Wharf was meticulously designed by the current owner to maximise the properties true potential and making the most of the far-reaching river views. Within a level walk of Bideford town centre this property offers three double bedrooms, a garage and off-street parking with panoramic views over the River Torridge. EPC C

This superb, penthouse suite in Longbridge Wharf was meticulously designed by the current owner to maximise the properties true potential and making the most of the far-reaching river views. Within a level walk of Bideford town centre this property offers three double bedrooms, underfloor heating, a garage and off-street parking with panoramic views over the River Torridge. This truly is an opportunity not to be missed so early viewing is highly recommended.

A convenient lift transports you straight to the apartment's front door which welcomes you into a spacious hallway, with under-stairs cupboard. On this floor you will find three double bedrooms, a utility room and family bathroom.

The master bedroom boasts a fitted wardrobe and an en-suite with walk-in shower, WC and sink, heated towel rail for comfort, as well as practical storage. There is a useful lockable cupboard and sliding doors that open onto a balcony, perfect for morning coffee whilst enjoying the expansive river views. A second bedroom offers fitted wardrobe, ample space for sizeable furniture and picturesque river views. The third bedroom currently serves as a snug but could easily be utilised as an office or craft room.

The utility room provides generous storage space, granite work surface and accommodates a washing machine, integrated tumble dryer and free-standing fridge / freezer. This room also houses the Worcester boiler and control panel. There is also a family bathroom equipped with three piece suite, including a bath with shower over.

Ascending to the first floor a safety gate at the top leads to a stunning 30ft open-plan living area with kitchen. This remarkable space features sliding doors onto an east-facing balcon, perfect for enjoying the sunrise and al-fresco dining during the summer months. Additional doors open onto a balcony at the front of the property, complemented by an apex window and custom made wooden blinds.

The kitchen includes a Neff double oven, fridge, freezer, dishwasher and a five-ring gas hob, stainless steel sink and ample storage for all of your needs. Pendant lights complete this functional kitchen and provide extra illumination.
There is ample space for dining room table and chairs and large sofas to further extend this socialise space and enhance the potential for relaxation and socialising.

To the outside of the property you will find a single garage, with storage cupboards to the rear and ample space for parking a car. There is a useful mezzanine floor, which is ideal for storing tools, sports equipment and larger items. This also benefits from electricity and lighting. The front of the property has a covered porch, providing parking space for one vehicle.

Nb: Lease Details - The property is sold with the remaining balance of a 999 year lease where each resident is a 1/15 shareholder of the freehold. Each owner is a director of Longbridge Wharf 2017 Ltd and the managing agent is Peninsula Management sw Ltd. Annual Service charge of ?3,300 payable in 2x instalments (?1650 payable usually in May & November) - this includes buildings insurance, maintenance of the communal areas, servicing of the lift and ground rent.

Agents Note - Please be aware that this property cannot be holiday let. It can however, be used as a private holiday residence for the owner's sole use.

Master Bedroom 16'6" x 14'10" (5.03m x 4.52m).

Bedroom Two 14'10" x 9'3" (4.52m x 2.82m).

Bathroom 10'1" x 5' (3.07m x 1.52m).

Utility Room 10'1" x 7' (3.07m x 2.13m).

Bedroom Three 13'7" x 9'7" (4.14m x 2.92m).

Open Plan Living Room 27'1" x 15' (8.26m x 4.57m).

Kitchen / Dining Area 20'9" x 13'8" (6.32m x 4.17m).

Tenure Leasehold- Share of Freehold

EPC C

Council Tax Band E

Services All mains connected. Gas fired underfloor heating

Estimated Rental Value Based on these details, our Lettings & Property Management Department suggest an achievable gross monthly rental income of ?1,400 to ?1,500 pcm subject to any necessary works and legal requirements (correct at January 2024). This is a guide only and should not be relied upon for mortgage or finance purposes. Rental values can change and a formal valuation will be required to provide a precise market appraisal. Purchasers should be aware that any property let out must currently achieve a minimum band E on the EPC rating. The Government intend to increase this to a band C from 31/12/2025. Please refer to your solicitors as the legal position may change at any time.

The ancient port and market town of Bideford has lots to offer visitors and inhabitants alike.
Bideford is a thriving market town and working port with the Pannier Market dating back to 1883, which holds a market every Tuesday and Saturday, selling local produce and arts and crafts. Alongside the history you will find modern shopping facilities, a wide range of bars, restaurants, schools and visitor attractions for all ages.

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.