2 bedroom terraced house for sale

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2 bedroom terraced house for sale

Yelverton Close, Romford, Essex
£248,000

Our Summary

  • Some modernisation needed

Description

This property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 or over. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, with the cost being less than the full market value. For this property, the Lifetime Lease price is £248,000, based on an average saving of 33%, compared to the market value of £375,000. The property itself is a mid-terrace home with a good-sized lounge, unoverlooked garden, and proximity to local transport links, schools, and amenities. The plan allows customers to purchase a share of the property value, with the price varying according to age, personal circumstances, and requirements.