2 bedroom ground floor flat for sale

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2 bedroom ground floor flat for sale

Sandown Road, Sandown, Isle of Wight
£66,000

Price History

Initial price £66,500
07/05/25 £66,000
Price Change -0.75%

Description

This property is a ground-floor apartment that is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The property is in need of modernization and is available chain-free. It has an allocated parking space and a small patio area to the front. The property is suitable for cash buyers only, as a short-term lease remains on the property. The Lifetime Lease price for this property is £66,000, which is 33% less than the market value of £100,000. This means that homeowners aged 60 or over can secure the property with a lifetime lease and a share of the property value, safeguarding their future.