Summary - 21 LILYBRIDGE NORTHAM BIDEFORD EX39 1TL
2 bed 1 bath Apartment
Low-maintenance two-bed flat close to village amenities for over-55s.
West-facing living space with good natural light
A well-presented first-floor two-bedroom apartment within an age-restricted development designed for residents aged 55 and over. The living room and kitchen enjoy a west-facing aspect that brings good afternoon light; UPVC double glazing and a fitted kitchen give the flat a tidy, move-in-ready feel. Communal grounds, off-street parking and an alarm/monitoring system add practical convenience and peace of mind.
Practical on-site features include a visiting manager (weekday mornings), a door-entry phone and a central monitoring alarm linked to 24-hour assistance. The development is close to the village square with shops, a medical centre, library and public transport links to Bideford and nearby seaside resorts, helping day-to-day living without needing a car.
Buyers should note a significant material drawback: the lease has about 64 years remaining. Many mortgage lenders have strict minimum lease terms and may refuse lending, which could limit buyer options to cash purchasers or those able to secure specialist lending. There is also an annual service charge (around £2,520) and a small ground rent (£75 rising at set intervals), both of which affect running costs.
Overall this apartment will suit a buyer seeking a low-maintenance, community-focused retirement home within walking distance of local amenities, provided they investigate financing options given the lease length and ongoing service charges.
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