3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Mallard Crescent, Bognor Regis, West Sussex
£264,500

Our Summary

  • Potential to purchase with no forward chain

Description

This detached bungalow is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which allows individuals aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a modern design with a neutral interior, located a short walk from the seafront and featuring a good-sized plot with side access to the rear garden. The price to purchase the Lifetime Lease is £264,500, which is less than the full market value of £400,000, resulting in a potential saving of 33%. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future.
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