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 £198,500 based on an average saving of 33%.
Market Value Price: £300,000
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 £300,000, please contact the estate agent Pittis.
Property DESCRIPTIONThis well-presented older style cottage is in the heart of Ventor and is just moments from the beach, shops and local bus stops. Having been modernised recently the cottage is immaculately presented with character features throughout. Off the kitchen there is a useful cloakroom, the kitchen leads out onto a private enclosed and easy to keep rear garden with sea views. Overall, this lovely cottage is perfect as a family home, first time buy or as a lock up and leave holiday home from which to enjoy the weekends by the sea.
Room sizes:Hallway
Lounge 14'5 x 10'10 (4.40m x 3.30m)
Dining Room 10'6 x 9'7 (3.20m x 2.92m)
Kitchen 13'2 x 7'9 (4.02m x 2.36m)
Cloakroom
Landing
Bedroom 1 14'3 x 10'10 (4.35m x 3.30m)
Bedroom 2 11'1 x 7'9 (3.38m x 2.36m)
Bedroom 3 8'1 x 7'4 (2.47m x 2.24m)
Bathroom
Front & Rear Gardens
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
Years remaining on lease: 999
Suitable as a retirement home.
- Open House Saturday 23rd March 2024 - by appointment only
- 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 £300,000
- Gorgeous cottage in the heart of Ventnor
- Recently modernised & Immaculately presented
Posted 17/03/24, views 0
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