Purchasing this property with A lifetime lease
This property is offered at a reduced price for people aged over 60 through Homewise´s Home for Life Plan. Through the Home for Life Plan, anyone aged over sixty can purchase a lifetime lease on this property which discounts the price from its full market value. The size of the discount you are entitled to depends on your age, personal circumstances and property criteria and could be anywhere between 8.5% and 59% from the property´s full market value. The above price is for guidance only. It is based on our average discount and would be the estimated price payable by a 69-year-old single male. As such, the price you would pay could be higher or lower than this figure.
For more information or a personalised quote, just give us a call. Alternatively, if you are under 60 or would like to purchase this property without a Home for Life Plan at its full market price of £140,000, please contact Pittis.Property description
This modern second floor apartment is located just a short walk away from Shanklin town centre and is a perfect first-time buy to get yourself on the property ladder. You can move straight in with nothing to do and start enjoying life without mum and dad. Similarly, the apartment could be of interest to buy to let landlords looking to expand their portfolio with good returns likely based on others which are let in the same block.
When you get up to the second floor and step inside, you will be surprised by the space on offer. The large sociable kitchen / living room has plenty of entertaining space and enough room for a table and some chairs. The bedrooms are a good size and having two of them means there is room for guests to stay over or why not use the spare one as a dressing room or study? The apartment is well insulated and cheap to run with energy efficient electric heating and full double glazing. Outside, the allocated parking space is a huge bonus as you can leave the car at home and enjoy a night out in the Old Village with only a short walk back to your front door. The shops, train station and beach are all just a stroll away making this apartment super convenient no matter what you choose to get up to.
- Entrance Hall
- Kitchen/Living Room 20'2 x 11'6 (6.15m x 3.51m)
- Bedroom 1 11'5 x 9'6 (3.48m x 2.90m)
The information provided about this property does not constitute or form part of an offer or contract, nor may be it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
- Bedroom 2 11'5 x 9'6 (3.48m x 2.90m)
- Allocated Parking
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Homewise, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.
Suitable as a retirement home.