1 bedroom terraced house for sale

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1 bedroom terraced house for sale

Eight Acre Lane, Wellington, Somerset, TA21
£113,500

Price History

Initial price £117,250
15/10/25 £113,500
Price Change -3.20%

Description

This charming one-bedroom cottage, located just south of the town center, is available for purchase through the Home for Life Plan from Homewise, a program that allows individuals aged 60 or older to secure a Lifetime Lease and a share of the property value. The plan allows customers to purchase a share of the property value, up to 50%, to safeguard for the future. The Lifetime Lease price for this property is £113,500, which is less than the full market value of £169,500, resulting in a potential saving of 33%. The property features a simple layout with an open-plan ground floor living area, stairs rising to the first floor with a bathroom and double bedroom, and a garden accessible via a short pathway. The property is being marketed as an example of a property that can be purchased using the Home for Life Lifetime Lease, and interested parties can contact Homewise for more information or a personalized quote.