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2 bedroom flat for sale
Valentines Road, Ilford, Essex
£211,500
Valentines Road, Ilford, Essex
£211,500
Price History
Initial price | £231,500 |
05/09/25 | £211,500 |
Price Change | -8.64% |
Description
This property is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan offered by Homewise that allows those aged 60 or over to secure a property with a lifetime lease and a share of the property value. The property itself is a first-floor flat located in a quiet cul-de-sac with a view of the communal garden area, allocated parking, and a private garage. The flat has four rooms, including an entrance hall, lounge/dining room, kitchen, bedroom one, bedroom two, and a bathroom. The cost to purchase the lifetime lease is £211,500, which is a 33% discount on the market value of £320,000. This plan allows customers to safeguard a share of the property value (up to 50%) for the future, and the price paid will vary depending on the customer's age, personal circumstances, and requirements.