Summary - Millendreath, Looe, Cornwall, PL13 PL13 1NY
2 bed 1 bath Apartment
Affordable smaller home close to Looe for over-60s seeking low-maintenance living.
- Two bedrooms, approximately 522 sq ft total
This two-bedroom apartment in Millendreath offers a compact, ground-level retirement home near Looe’s coastal village setting. The property totals about 522 sq ft and includes a small garden and outdoor steps — practical for those seeking manageable outside space without extensive upkeep. Flood risk is recorded as none and local crime is average.
The Home for Life Lifetime Lease from Homewise provides a reduced purchase route for buyers aged 60+, with a guide Lifetime Lease price of £107,250 (typical saving circa 33% against the £160,000 market value). The plan can also allow buying up to a 50% share to protect cash for the future; final price depends on age and personal circumstances. Note: the property is marketed as suitable for retirement and the Homewise plan is an optional purchase route, not an ownership guarantee.
Practical considerations: the apartment is small and will suit downsizers or buyers wanting low-maintenance accommodation rather than those needing large living spaces. Broadband speeds are slow and mobile signal is average. Tenure details are not confirmed — a solicitor should verify lease/tenure, service charges and any restrictions before purchase.
Overall, this is a straightforward, affordable retirement option in a rural coastal location for someone prioritising location and cost-efficiency over space or high-spec finishes. Buyers seeking modern fittings, fast broadband or a larger footprint should factor in potential upgrade or refurbishment costs.
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