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3 bedroom semi-detached house for sale
Rosebank Avenue, Hornchurch, Essex
£314,000
Rosebank Avenue, Hornchurch, Essex
£314,000
Our Summary
- PROPERTY DESCRIPTIONThis property is offering lots of potential to to be extended further subject to local planning permission, has large ground floor rooms, one of which is currently being used as an extra bedroom
- Extended with potential to extend further STPP
Description
This property is being offered as an example of a property that can be purchased using Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value to safeguard for the future. The property itself is a spacious home with large ground floor rooms, a good-sized rear garden, and ample off-road parking, conveniently located near local amenities, schools, and a train station. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost to purchase the Lifetime Lease always being less than the full market value. The guide price for the Lifetime Lease is £314,000, which is 33% less than the market value of £475,000.