Cavendish Place, Newport PO30 2 bed end of terrace house for sale

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Cavendish Place, Newport PO30 2 bed end of terrace house for sale

Cavendish Place, Newport PO30
£112,500

Our Summary

  • Extended to the rear to create a spacious kitchen and dining area, whilst still providing a blank canvas throughout to put your own stamp on

Description

This property, an end-of-terrace house, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property has been extended to the rear, creating a spacious kitchen and dining area, and is located just a short walk from shops, schools, and amenities. The property is available for purchase through a Lifetime Lease, which is a unique opportunity for those aged 60 or over to secure a property for life. The cost of the Lifetime Lease is £112,500, which is a significant saving of 33% compared to the full market value of £170,000. This is because the property is being sold with a share of the property value, allowing the buyer to safeguard for the future. The plan allows customers to purchase up to 50% of the property value, and the price will vary depending on the buyer's age, personal circumstances, and requirements.