Coronation Terrace, Ilfracombe, Devon, EX34
HO

Coronation Terrace, Ilfracombe, Devon, EX34

By Homewise

£ 80,500

Reviews

2 out of 5 stars

Homewise says ..

Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60S could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £80...

Property Oracle says ..

This one-bedroom property in Ilfracombe, Devon, is listed as a ‘Home for Life’ leasehold property, targeted at over-60s. The listing price is £80,500, marketed as potentially representing significant savings compared to the open market. The property comprises a living area, one bedroom, a small kitchen with essential appliances, and a shower room. The provided photos reveal the property to be reasonably well-maintained, though the décor is simple and could benefit from updating. The kitchen and bathroom facilities appear functional but might need some upgrades or modernising. The exterior space is limited to a small, paved courtyard. The location in Ilfracombe offers access to local amenities, coastal views, and several schools with good Ofsted ratings. However, the surrounding property prices show significant variation, suggesting a range of property types and quality. Given the significant price difference between the Home for Life listed price and those of nearby properties, potential buyers should thoroughly investigate the terms and implications of the lifetime lease before committing.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
2
Bedrooms
1
Bathrooms
0
Sqft (est)
678.13

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
327,409.00 £
Increased by 17.57 %
from 278,489.00 £
Est sale value
135,626.00 £
Decreased by 15.25 %
from 160,038.68 £
Average area rental value
1,063.00 £/mo
Increased by 27.46 %
from 834.00 £/mo
Est letting value
0.00 £/mo
from 0.00 £/mo
Est rental Yield
3.90 %
Increased by 8.64 %
from 3.59 %
Crime Rate
18.00 %
Unchanged by 0.00 %
from 18.00 %

Agent Activity

  • Homewise created the listing.

Nearby Schools

NameTypeOfstedDistance
Ilfracombe Church Of England Junior SchoolVoluntary Controlled SchoolGood0.41 KM
The Ilfracombe Church Of England AcademyAcademy Sponsor LedGood0.57 KM
Ilfracombe Children'S CentreChildren's Centre0.70 KM
Braunton Children'S CentreChildren's Centre0.70 KM
Ilfracombe Infant And Nursery SchoolCommunity SchoolGood0.73 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Ebbington Place £ 275,00000.00 KM
Broad Street £ 000.00 KM
Castle Hill Avenue £ 410,58300.00 KM
The Strand £ 625,00000.00 KM
Waterloo Terrace £ 201,69400.00 KM

Nearby Listings

AddressPriceTypeScoreDistance
Coronation Terrace, Ilfracombe, North Devon, EX34 £ 585,000BUY6 / 100.02 KM
Rupertswood Terrace, Ilfracombe £ 285,000BUY7 / 100.04 KM
Rupertswood Terrace, Ilfracombe, North Devon, EX34 £ 449,000BUY7 / 100.04 KM
Montpelier Terrace, Ilfracombe £ 145,000BUYUnknown0.05 KM
Montpelier Terrace, Ilfracombe, Devon, EX34 £ 100,000BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
12 Coronation Terrace £ 33,0000.02 KM
3 Coronation Terrace £ 420,0000.02 KM
1 Rupertswood Terrace £ 160,0000.04 KM
7 Rupertswood Terrace £ 151,0000.04 KM
8 Rupertswood Terrace £ 170,0000.04 KM