Characterful retirement apartment near countryside and town amenities.
Two double bedrooms with good natural light
Converted mill character: exposed stone/brick and high ceilings
Allocated off-street parking and communal garden nearby
Approx 662 sq ft; first-floor apartment with one bathroom
Electric storage heaters; consider higher running costs
Double glazing pre-2002 and likely uninsulated stone walls
Lease long (approx 965 years) — verify exact tenure details
Homewise Lifetime Lease example price £93,750; full market £140,000
This two-bedroom first-floor apartment in The Malthouse is a converted mill flat offering characterful stone and brick elevations, high ceilings in parts and a bright living/dining room with pleasant outlooks from every window. The building sits on the edge of Wiveliscombe, close to local shops, healthcare and community facilities, with Exmoor and the Quantock Hills a short drive away.
The property is presented in good decorative order with double glazing (installed before 2002) and electric storage heaters. It includes an allocated off-street parking space and shared communal garden approximately 100 yards from the entrance. The apartment totals about 662 sq ft and is suitable as a retirement home or for downsizers seeking a low-maintenance town-fringe base.
Important tenure and purchase details affect value: the full market price is £140,000, while a Homewise Home for Life Lifetime Lease example price is shown at £93,750 (typical saving depends on age and circumstances and may be 20–50%). Lease information provided shows around 965 years remaining; interested buyers should verify exact lease, service charge and any contractual terms.
Practical points to note: heating is via electric storage heaters and walls are likely uninsulated (original sandstone/limestone), so running costs and retrofit insulation potential should be considered. The apartment is well-located for local amenities but may suit buyers seeking a quieter small-town lifestyle rather than urban living.