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Memorial Heights, Ilford IG2 2 bed apartment for sale
Memorial Heights, Ilford IG2
£181,500
Memorial Heights, Ilford IG2
£181,500
Our Summary
- Cash buyers only
- This is also a great investment opportunity, with the current net yield boasting 7% which is higher than the local average
Description
This property, a 2nd floor apartment, is being offered for sale with a lifetime lease option through Homewise's Home for Life Plan. For those aged 60 or over, this plan allows them 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 a guide price of £181,500 for this property, which is a saving of 33% compared to the market value of £275,000. The property features a modern kitchen/diner, lounge, private balcony, and two bedrooms, including an en-suite shower room. It also has access to an allocated parking space and visitors parking. This is a great investment opportunity, with a net yield of 7%, higher than the local average.