1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Jenner Court, Stavordale Road, Weymouth
£56,000

Price History

Initial price £59,500
26/10/24 £56,000
Price Change -5.88%

Description

This property is a one-bedroom ground floor retirement apartment in Jenner Court, Weymouth, available through the Home for Life Plan from Homewise. The plan allows individuals aged 60 or over to purchase a Lifetime Lease and a share of the property value to safeguard for the future, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £59,500, which is a 30% saving on the market value of £80,000. The plan allows customers to purchase up to 50% of the property value, and the price paid will vary depending on individual circumstances. The property features an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom, and is served by a lift. The development has a Visiting Development Manager and is a condition of purchase that residents be over the age of 55 years.