3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Shaftesbury Avenue, Park South, Swindon, SN3
£160,750

Our Summary

  • PROPERTY DESCRIPTIONModern 3-Bed Terraced House A fantastic opportunity for investors, this modern and well-maintained 3-bedroom terraced property offers spacious living with strong rental potential in a sought-after location

Description

This property is a modern 3-bedroom terraced house that is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Home For Life Plan allows those aged 60 or over to secure the property with a Lifetime Lease and a share of the property value, with the option to purchase up to 50% of the property to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. The market value of the property is £240,000, but the Lifetime Lease price for someone aged 60 or over would be £160,750, based on an average saving of 33%. The property itself is a spacious and well-maintained home with a large lounge, modern kitchen, and three bedrooms, including two doubles and one single. It also has a generous garden and strong rental potential, making it an attractive option for investors.