2 bedroom retirement property for sale

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2 bedroom retirement property for sale

Alder Court, Union Lane, Cambridge.
£147,000

Price History

Initial price £161,000
22/10/24 £147,000
Price Change -8.70%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summary of the property description in a single paragraph: This two-bedroom ground floor retirement apartment is available through the Home for Life Plan from Homewise, which allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future. The property is located in Alder Court, a development of 26 properties arranged over three floors, with a House Manager available to assist residents. The property features an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom, and is situated across the road from a post office and hairdressers, with a bus stop outside providing easy access to local amenities. The price to purchase the Lifetime Lease is £147,000, based on an average saving of 30% of the market value of £209,999.