1 bedroom retirement property for sale

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1 bedroom retirement property for sale

1 Bed Apartment, Knights Lodge, Lymington
£273,665

Price History

Initial price £280,665
16/01/25 £287,665
07/03/25 £273,665
Price Change -2.49%

Description

This property, a development of 41 one and two-bedroom retirement apartments, is located in the market town of Lymington, close to the town center. The apartments offer beautiful landscaped gardens, a pergola, and seating areas, as well as a range of amenities including a 24-hour Careline support system, owners' lounge and coffee bar, free parking, and a lodge manager. The property is available for purchase through the Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value, with the option to purchase up to 50% of the property to safeguard for the future. The cost of the Lifetime Lease is typically less than the full market value, with customers typically saving between 6% and 49%. The market value price for this property is £390,950, but with the Home for Life Plan, the Lifetime Lease price is £273,665, based on an average saving of 30%.