3 bedroom detached bungalow for sale

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3 bedroom detached bungalow for sale

Farm View, Rayleigh, Essex
£396,000

Price History

Initial price £396,500
29/12/24 £396,000
Price Change -0.13%

Description

This property, a detached modern bungalow, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, a Lifetime Lease scheme for those aged 60 or over. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future, with the cost typically being less than the full market value. For this property, the Lifetime Lease price is £396,000, based on an average saving of 33%, compared to the market value of £600,000. The property itself is in good condition, extended to the rear with a large kitchen/diner, garage, and off-street parking, situated in a quiet location surrounded by local amenities and close to park land.