1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Granville Road, Totland Bay, Isle of Wight
£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 sold with a tenant in situ, offering immediate rental income, making it an ideal investment opportunity. Located in Totland, near the pier and local amenities, it provides great accessibility and convenience. The property has a roomy entrance hall, a lounge, kitchen, bedroom, and bathroom, with promising yield potential. For those 60 or over, Homewise's Home for Life Plan offers a Lifetime Lease and a share of the property value, allowing them to safeguard their future with a purchase price often significantly lower than the full market value. The Lifetime Lease price for this property is £66,500, representing a 33% saving on the market value of £100,000.