Algernon House, Ventnor PO38 2 bed apartment for sale

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Algernon House, Ventnor PO38 2 bed apartment for sale

Algernon House, Ventnor PO38
£138,500

Price History

Initial price £139,000
24/08/25 £138,500
08/11/25 £139,000
10/12/25 £138,500
Price Change -0.36%

Description

This modern first-floor apartment is being offered for sale through a unique Lifetime Lease program from Homewise, designed for individuals aged 60 or over. The program, known as the Home for Life Plan, allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future. The cost to purchase the Lifetime Lease is typically less than the full market value, with an average saving of 33%. The property itself features an open-plan layout, lift access, and communal gardens with beautiful views. It also includes a secure garage area with remote control access and a storage locker. The price to purchase the Lifetime Lease is £138,500, which is £71,500 less than the full market value of £210,000.