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2 bedroom park home for sale
Cockleton Lane, Cowes, Isle of Wight
£46,250
Cockleton Lane, Cowes, Isle of Wight
£46,250
Price History
Initial price | £46,750 |
29/12/24 | £46,250 |
Price Change | -1.07% |
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 aged 60 or over. The Lifetime Lease allows homeowners to purchase a share of the property value, up to 50%, to safeguard for the future, with prices typically 20-50% lower than the full market value. For this property, the Lifetime Lease price is £46,250, based on an average saving of 33%, compared to the market value of £70,000. The property itself is a recently modernized end-of-terrace park home with a private patio area and communal gardens, offering a range of facilities that will appeal to a range of buyers.