2 bedroom cottage for sale

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2 bedroom cottage for sale

Victoria Avenue, Shanklin, Isle of Wight
£129,000

Our Summary

  • Arranged with the living accommodation on the first floor to take advantage of the stunning views over the well-maintained gardens, the property offers huge potential and would benefit from some modernisation

Description

This property, located in a Deepdene apartment block, is a leasehold home that can be purchased through the Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, with the option to purchase up to 50% of the property. The cost of the Lifetime Lease is less than the full market value, with an average saving of 33% for those aged 60 or over. The property itself is a first-floor apartment with a living area, two bedrooms, en-suite shower room, bathroom, and separate toilet. It also features a sunny patio area, allocated parking, and access to communal gardens. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, and is not exclusively for sale to those aged 60 or over.