3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Gilbert Road, Bodmin, Cornwall, PL31
£154,000

Our Summary

  • This area would benefit from modernisation and offers direct access to the rear garden
  • A large loft space with standing head height offers excellent storage and potential for future development, subject to consents

Description

This property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value. The cost of the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. The property itself is a well-proportioned three-bedroom house with a lounge, kitchen/dining room, and family bathroom. The property also features a large loft space with potential for future development and a private, enclosed rear garden with a covered patio and shed. The market value of the property is £230,000, but the Lifetime Lease price for those aged 60 or over is £154,000, representing a saving of 33%.