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2 bedroom retirement property for sale
Alder Court, Union Lane, Cambridge.
£125,500
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
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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.