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1 bedroom apartment for sale
South Street, Wellington, Somerset, TA21
£77,000
South Street, Wellington, Somerset, TA21
£77,000
Our Summary
- PROPERTY DESCRIPTIONThis very well presented, VACANT one bedroom first floor apartment is offered with NO ONWARD CHAIN and presents an excellent first time buyer or investment opportunity
Description
This one-bedroom first-floor apartment in Sanford Court is available for purchase through Homewise's Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. The market value price for this property is £115,000, but the Lifetime Lease price is £77,000, based on an average saving of 33%. The property is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease, and is available to anyone, regardless of age.