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3 bedroom terraced house for sale
Medina Avenue, Newport, Isle of Wight
£165,500
Medina Avenue, Newport, Isle of Wight
£165,500
Our Summary
- With some updating, this will once again make a handsome property for anyone looking for a central location
- Some updating and modernisation required
Description
This property, a townhouse in Newport, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. The plan allows individuals aged 60 or over to secure a property with a lifetime lease, paying a reduced price compared to the full market value. For this property, the Lifetime Lease price is £165,500, representing a saving of 33% compared to the market value of £250,000. The property itself is well-laid out, with spacious rooms and some original features, and is located just steps from the town's amenities. With some updating, it could make a handsome property for anyone looking for a central location.