1 bedroom ground floor flat for sale

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1 bedroom ground floor flat for sale

Granville Road, Totland Bay, Isle of Wight
£72,500

Price History

Initial price £73,000
16/05/25 £72,500
Price Change -0.68%

Description

This charming ground-floor flat in Totland village is available for purchase through Homewise's Home for Life Plan, which allows individuals aged 60 or over to secure the property with a Lifetime Lease and a share of the property value. The Lifetime Lease price for this property is £72,500, which is a 33% discount on the market value of £110,000. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The property features allocated parking, a cozy courtyard garden, and is conveniently located near local amenities and bus services. It's an ideal opportunity for first-time buyers or those looking for a lock-up-and-leave bolt-hole.