2 bedroom retirement property for sale

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2 bedroom retirement property for sale

Alder Court, Union Lane, Cambridge.
£125,500

Price History

Initial price £161,000
22/10/24 £147,000
19/12/24 £143,500
08/02/25 £140,000
15/03/25 £133,000
04/04/25 £125,500
Price Change -22.05%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: A two-bedroom ground-floor retirement apartment 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 property is located in Alder Court, a development with 26 properties, and features an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom. The property can be purchased for £125,500, representing a 30% saving on the market value of £179,000. The plan allows customers to purchase a share of the property value (up to 50%) to safeguard for the future, and the cost to purchase the Lifetime Lease is always less than the full market value.