1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

New Street, Newport, Isle of Wight
£73,000

Our Summary

  • Requiring some modernisation perfect to put your own stamp on

Description

This property, a ground floor flat in Newport town centre, is being offered for sale through a Lifetime Lease with Homewise's Home for Life Plan. The plan allows those aged 60 or over to purchase a share of the property value (up to 50%) to safeguard for the future, with a cost that is typically less than the full market value. For this property, the Lifetime Lease price is £73,000, representing a 33% saving on the market value of £110,000. The property requires some modernization and is being sold chain-free with vacant possession. It features an entrance hall, shower room, kitchen area, lounge, bedroom, and allocated parking, as well as communal gardens. Viewings are highly recommended.
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