* Only over 60s are eligible for the Home for Life from Homewise (incorporating a Lifetime Lease)
* Savings against the full price of this property typically range from 20% to 50% for a Lifetime Lease
* Actual price paid depends on individuals’ age and personal circumstances (and property criteria)
* Plan allows customers to purchase a % share of the property value (up to 50%) to safeguard for the future
* Call for a personalised quote, or use the calculator on the homewise website for an indicative saving
* The full listed price of this property is £ 180, 000
* 2 bedroom first floor purpose built apartment
* Light and well maintained throughout with open plan living
* Previously used as a successful buy to let investment
Securing this property with A lifetime leaseover 60s can secure this property
with a home for life from homewise
Through the Home for Life Plan from Homewise, those aged 60 or over can
purchase a Lifetime Lease and a share of the property value to safeguard for
the future. The cost to purchase the Lifetime Lease is always less than the
full market value.
Over 60s customers typically save between from 20% to 50%*.
Home for Life Plan guide price for overs 60s: The Lifetime Lease price for
this property is £119, 500 based on an average saving of 33%.
Market Value Price: £180, 000
The price you pay will vary according to your age, personal circumstances and
requirements and will be adjusted to include any percentage of the property
you wish to safeguard. The plan allows customers to purchase a share of the
property value (up to 50%) to safeguard for the future.
For an indication of what you could save, please use our calculator on the
homewise website.
Please call for more information or a personalised quote.
Please note: Homewise do not own this property and it is not exclusively for
sale for the over - 60s.
It is being marketed by Homewise as an example of a property that is currently
for sale which could be purchased using a Home For Life Lifetime Lease.
If you are not over 60 or would like to purchase the property at the full
market value of £180, 000, please contact the estate agent Pittis.
Property DESCRIPTIONThis beautiful first floor apartment is situated in an
ideal location both close to Sandown town with an array of shops and of course
the sandy beaches. It has two good sized bedrooms with one even having it's
very own en - suite. The apartment is very light throughout and has been
decorated to a good standard and has more recently been used as a successful
buy to let investment property. The open plan lounge/kitchen dining area is a
great space for entertaining and has a superb modern feel to it. Outside there
is your very own allocated parking space and even a private storage shed in
the communal garden area. The grounds are maintained beautifully and the whole
modern apartment block as a whole has a lovely feel to it.
_Please refer to the footnote regarding the services and appliances. _
Room sizes:
* **Entrance Hallway**
* **Kitchen/Living Area** 18'11 x 11'5 (5. 77m x 3. 48m)
* **Bedroom 1** 11'3 x 9'7 (3. 43m x 2. 92m)
* **En Suite Shower Room**
* **Bedroom 2** 11'5 x 7'11 (3. 48m x 2. 41m)
* **Bathroom**
* **Allocated Parking**
* **Communal Gardens**
* **Storage Shed**
_The information provided about this property does not constitute or form
part of an offer or contract, nor may be it be regarded as representations.
All interested parties must verify accuracy and your solicitor must verify
tenure/lease information, fixtures & fittings and, where the property has been
extended/converted, planning/building regulation consents. All dimensions are
approximate and quoted for guidance only as are floor plans which are not to
scale and their accuracy cannot be confirmed. Reference to appliances and/or
services does not imply that they are necessarily in working order or fit for
the purpose.
We are pleased to offer our customers a range of additional services to help
them with moving home. None of these services are obligatory and you are free
to use service providers of your choice. Current regulations require all
estate agents to inform their customers of the fees they earn for recommending
third party services. If you choose to use a service provider recommended by
Homewise, details of all referral fees can be found at the link below. If you
decide to use any of our services, please be assured that this will not
increase the fees you pay to our service providers, which remain as quoted
directly to you. _
Council Tax band: B
Tenure: Leasehold
Annual service charge: £ 425
Years remaining on lease: 983
Suitable as a retirement home.

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