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Deepdene, Shanklin PO37 2 bed cottage for sale
Deepdene, Shanklin PO37
£129,000
Deepdene, Shanklin PO37
£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, a leasehold home in a Deepdene apartment block, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan. For those aged 60 or over, Homewise offers a plan that allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with a cost that is typically 20-50% less than the full market value. The property itself is a one-bedroom home with a sunny patio area, allocated parking, and communal gardens. It is being sold chain-free and has huge potential for modernization. The price of the Lifetime Lease is £129,000, based on an average saving of 33%, which is less than the full market value of £195,000.