West Lodge, Bognor Regis PO21 1 bed flat for sale

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West Lodge, Bognor Regis PO21 1 bed flat for sale

West Lodge, Bognor Regis PO21
£119,500

Our Summary

  • Ideal investment opportunity

Description

This property is being offered as a lifetime lease opportunity through Homewise's Home for Life Plan, specifically designed for individuals aged 60 or over. The plan allows buyers to purchase a share of the property value, up to 50%, to safeguard their future. The cost to purchase the lifetime lease is less than the full market value, with an estimated saving of 20-50% for those aged 60 or over. The property itself is a second-floor flat with modern internal decoration, a balcony with sea views, and is located close to the beach and town center. The price for the lifetime lease is £119,500, based on an average saving of 33%, with the market value of the property being £180,000.