2 bedroom semi-detached house for sale

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2 bedroom semi-detached house for sale

West Street, Ventnor, Isle of Wight
£165,500

Our Summary

  • PROPERTY DESCRIPTIONSituated in the quaint village of Wroxall is this semi-detached cottage tucked away in a quiet location with potential for stunning gardens

Description

This semi-detached cottage in the village of Wroxall is available for purchase through a Home for Life Plan, which allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost of the Lifetime Lease typically being less than the full market value. The property itself has a market value of £250,000, but the Lifetime Lease price for an over-60s customer would be £165,500, representing a saving of 33%. The property features a quiet location, potential for stunning gardens, and three bedrooms, making it an ideal first-time purchase or buy-to-let investment property.