3 bedroom semi-detached house for sale

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3 bedroom semi-detached house for sale

Elsa Road, Welling, Kent
£281,000

Our Summary

  • PROPERTY DESCRIPTIONThis semi detached property is ideal for anybody looking to put their own stamp on their new home
  • Some modernisation required

Description

This property is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for individuals aged 60 or over. The plan allows buyers to secure a share of the property value, up to 50%, to safeguard for the future, with the option to purchase a Lifetime Lease at a discounted price. The property itself is a semi-detached home with good-sized bedrooms, a separate lounge and dining area, and a large rear garden, located within walking distance of schools and Welling train station. The market value of the property is £425,000, but the Lifetime Lease price for an over-60s buyer would be £281,000, representing a saving of 33%.