Dolphin Lodge, Totland Bay PO39 1 bed ground floor flat for sale

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Dolphin Lodge, Totland Bay PO39 1 bed ground floor flat for sale

Dolphin Lodge, Totland Bay PO39
£66,500

Our Summary

  • PROPERTY DESCRIPTIONThis property is an ideal investment opportunity, being sold with a tenant in situ, ensuring immediate rental income

Description

This property is being offered with a Lifetime Lease through Homewise's Home for Life Plan, allowing those aged 60 or over to secure the property with a share of the value. The cost of the Lifetime Lease is £66,500, which is a 33% saving on the market value of £100,000. The plan allows customers to purchase up to 50% of the property value to safeguard for the future. The property itself is an ideal investment opportunity, with a tenant in situ ensuring immediate rental income and promising yield potential. It is located just a short walk from Totland Pier and close to local amenities and bus routes, making it a convenient and accessible property.