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1 bedroom apartment for sale
Collingwood Road, Witham, Essex, CM8
£110,500
Collingwood Road, Witham, Essex, CM8
£110,500
Price History
Initial price | £114,000 |
05/10/25 | £110,500 |
Price Change | -3.07% |
Description
This property is available for purchase through 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 cost of the Lifetime Lease is less than the full market value, with typical savings ranging from 20% to 50%. The market value of this property is £165,000, but the Lifetime Lease price is £110,500, representing a 33% saving. The property itself is a one-bedroom home with an open-plan living area, kitchen, bedroom, and shower room, and benefits from an allocated parking space in a communal car park. The property is not exclusively for sale to over-60s, and can be purchased at the full market value of £165,000 through Fenn Wright estate agents.