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2 bedroom apartment for sale
Whitecroft Park, Newport, Isle of Wight
£181,500
Whitecroft Park, Newport, Isle of Wight
£181,500
Price History
Initial price | £182,000 |
18/11/24 | £181,500 |
Price Change | -0.27% |
Description
This property, a first-floor apartment, is being marketed by Homewise as an example of a property that can be purchased using their Home for Life Lifetime Lease plan, which is designed for individuals 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 being less than the full market value. The property itself has been beautifully modernized and updated, with a lovely kitchen and bathroom, large windows, and high ceilings. It has a spacious lounge, kitchen/dining room, two bedrooms, and a bathroom, as well as an allocated parking space and communal garden. The market value of the property is £275,000, but with the Home for Life plan, the cost would be £181,500, a saving of 33%.