Stone Lane, Worthing BN13 2 bed bungalow for sale

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Stone Lane, Worthing BN13 2 bed bungalow for sale

Stone Lane, Worthing BN13
£237,500

Our Summary

  • The property has the opportunity to be extended (subject to planning consents)
  • Versatile bungalow with the potential to extend (subject to planning consents)

Description

This detached bungalow in Salvington is being marketed as an example of a property that can be purchased using a Home For Life Lifetime Lease, a plan designed for those aged 60 and over. The property has the potential to be extended, subject to planning consents, and features light and spacious rooms, a sunny conservatory, and a garden with ample parking. The Home For Life Plan allows buyers to purchase a share of the property value, up to 50%, to safeguard for the future, with prices varying depending on age, personal circumstances, and requirements. For example, the Lifetime Lease price for this property is £237,500, representing a 33% saving on the market value of £359,000. The plan is designed to provide a secure and affordable way for older buyers to purchase a home, and Homewise, the company offering the plan, does not own the property and is not exclusively marketing it to the over-60s.