1 bedroom apartment for sale

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1 bedroom apartment for sale

Colwell Lane, Freshwater, Isle of Wight
£109,000

Price History

Initial price £109,500
18/11/24 £109,000
Price Change -0.46%

Description

This property is being offered as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those 60 or over. The plan allows buyers 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 £109,000, which is 33% less than the market value of £165,000. The property itself is a beautifully decorated, light and airy home with a contemporary finish, featuring a recently renovated shower room and a versatile layout. It's located within walking distance to the local village and beach, and close to mainland ferry links.