Alinora Avenue, Worthing BN12 2 bed flat for sale

>

Alinora Avenue, Worthing BN12 2 bed flat for sale

Alinora Avenue, Worthing BN12
£238,000

Our Summary

  • Inside the rooms are light and spacious but it does require updating (subject to planning consents)

Description

This property, a first-floor apartment in Goring by Sea, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, with the option to purchase a share of the property value (up to 50%) to safeguard for the future. The cost of the lifetime lease is typically less than the full market value, with potential savings of 20-50%. The property itself requires updating and has a private garden and garage, as well as being close to the seafront and local amenities. The market value of the property is £360,000, but the lifetime lease price for an over-60s buyer would be £238,000, based on an average saving of 33%.
Get a Mortgage Quote