4 bedroom detached bungalow for sale

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4 bedroom detached bungalow for sale

Rayleigh Road, Leigh-on-sea, SS9
£398,750

Price History

Initial price £402,000
22/11/24 £398,750
Price Change -0.81%

Description

This detached bungalow is a rare find, offering spacious living areas, a large plot, and modern amenities. The property is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Plan, which allows those aged 60 or over to secure a Lifetime Lease and a share of the property value to safeguard for the future. The cost to purchase the Lifetime Lease is always less than the full market value, with customers typically saving between 20% to 50%. For this property, the Lifetime Lease price is £398,750, based on an average saving of 33%, compared to the market value of £595,000. The plan allows customers to purchase a share of the property value up to 50% to safeguard for the future, and an indication of what you could save can be calculated on the Homewise website.