>
2 bedroom flat for sale
Luccombe Road, Shanklin, Isle of Wight
£148,500
Luccombe Road, Shanklin, Isle of Wight
£148,500
Price History
Initial price | £149,000 |
13/01/25 | £148,500 |
Price Change | -0.34% |
Description
This property, a first-floor apartment in a luxury block, is being marketed by Homewise as an example of a property that can be purchased using a Home For Life Lifetime Lease. The Lifetime Lease allows individuals aged 60 or over to secure the property with a lifetime lease and a share of the property value, typically saving between 20% to 50% of the full market value. The guide price for the Lifetime Lease is £148,500, based on an average saving of 33%, which is less than the full market value of £225,000. The property features a private balcony, communal gardens, and allocated parking, making it a quiet and relaxing retreat near the sea.