Compact period apartment with garden and retirement-friendly purchase options.
One-bedroom apartment, approximately 654 sq ft
Period features: high ceilings and fireplace
Small private garden included
Suitable for over-60s via Homewise Lifetime Lease option
Guide Lifetime Lease price example £100,500; full market £150,000
Sold as shared ownership; tenure details must be verified
Requires modernization to kitchen, bathroom and finishes
Excellent mobile signal; average broadband speeds
Situated close to Crediton station, this one-bedroom apartment offers a compact, character-filled home ideal for downsizers. Period features such as high ceilings, a fireplace and sash-style windows give the living space a traditional feel, while a small garden provides an outdoor spot for plants or a chair in warm weather. The property totals about 654 sq ft and sits on a quiet town-fringe street with local shops, a café and regular rail links nearby.
This property is being marketed with the Home for Life lifetime lease option from Homewise, available to buyers aged 60 and over. The advertised Lifetime Lease guide price here is £100,500 (example based on typical savings around 33%); the full market price is £150,000. The plan allows purchasers to buy a share (up to 50%) to safeguard value for the future. Actual price depends on age and circumstances; interested buyers should use the Homewise calculator and obtain a personalised quote.
Practical points: the apartment needs modernisation in places and would benefit from updating to kitchen, bathroom and finishes. Tenure details should be confirmed with your solicitor—current tenure is listed as unknown and this property is sold via shared ownership arrangements under the Homewise scheme. Broadband is average, mobile signal is excellent, and there is no known flood risk.
In short, this is a compact retirement-suitable home with period character and clear potential for cosmetic improvement. It will suit an over-60 buyer looking to downsize while retaining some equity protection through a lifetime-lease/shared ownership arrangement. Verify all lease, service charge and legal details before proceeding.
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