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1 bedroom retirement property for sale
1 Bed Apartment, Knights Lodge, Lymington
£258,965
1 Bed Apartment, Knights Lodge, Lymington
£258,965
Price History
Initial price | £265,965 |
16/01/25 | £272,965 |
07/03/25 | £258,965 |
Price Change | -2.63% |
Description
This property, located in Lymington, is a development of 41 one and two-bedroom retirement apartments, offering beautiful landscaped gardens and a range of amenities, including an owners' lounge, coffee bar, and guest suite. The property is available through the Home for Life Plan, which allows those aged 60 and over to purchase a Lifetime Lease and a share of the property value, with a typical saving of 30% off the market value. The plan allows customers to purchase up to 50% of the property value to safeguard for the future, and the cost is always less than the full market value. The market value of the property is £369,950, but the Lifetime Lease price for those aged 60 and over is £258,965, based on an average saving of 30%.