1 bedroom retirement property for sale

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1 bedroom retirement property for sale

Penn Road, Wolverhampton, West Midlands, WV4
£65,000

Price History

Initial price £70,000
13/11/24 £65,000
Price Change -7.14%

Description

<|start_header_id|>assistant<|end_header_id|> Here is a summarized version of the property description in a single paragraph: Pendene Court is a development of 40 age-restricted properties, each with an entrance hall, lounge, kitchen, one or two bedrooms, and bathroom. The properties are arranged over three floors and are served by a lift. Residents can benefit from a 24-hour emergency call system and on-site management. The development is located near local shops, doctors' surgeries, and bus routes. The property is available for purchase through the Home for Life Plan, which allows individuals aged 60 or over to secure a Lifetime Lease and a share of the property value, potentially saving up to 49% of the market value. The current guide price for the Lifetime Lease is £65,000, based on an average saving of 30%, with the market value price being £93,000.